Corporate DC plans

ABB replaces Fidelity with BofA Merrill Lynch as record keeper for 2 plans

ABB Inc. hired Bank of America Merrill Lynch as the record keeper for two 401(k) plans.

April 14, 2014 | 03:00 pm
U.K. High Court rules IBM breached pension duties

U.K. High Court rules IBM breached pension duties

International Business Machines Corp., Armonk, N.Y., breached its duties to U.K. pension fund participants in the way it implemented a restructuring of its arrangements, the High Court of Justice,...

April 08, 2014 | 12:49 pm

CarMax adds MFS, PIMCO funds and drops Harbor Capital fund

CarMax Inc. is adding the MFS International Equity Fund and PIMCO Total Return Fund as investment options in its 401(k) plan.

March 25, 2014 | 02:31 pm

Triple Canopy hires Transamerica for record keeping, administration

Triple Canopy Inc., Reston, Va., hired Transamerica Retirement Solutions for record-keeping services for the company's defined benefit plan and three 401(k) plans.

March 20, 2014 | 11:03 am
U.S. Court of Appeals splits rulings on ABB <nobr>401(k)</nobr> mismanagement, clears Fidelity

U.S. Court of Appeals splits rulings on ABB 401(k) mismanagement, clears Fidelity

A federal appeals court on Wednesday issued a split decision in a prominent 401(k) case involving claims by participants that a sponsor, ABB Ltd., Cary, N.C., and its record keeper,...

March 19, 2014 | 04:37 pm

Callan: Target-date funds' steady growth in assets continues

Target-date funds continue their steady growth, moving closer to becoming the top investment asset allocation within defined contribution plans, according to the latest quarterly analysis by Callan...

March 14, 2014 | 04:54 pm

Novant Health participants file excessive-fee case

Participants in two Novant Health Inc. 401(k) plans filed a class-action lawsuit Wednesday against company fiduciaries, alleging excessive fees paid to third-party service providers, imprudent...

March 12, 2014 | 03:55 pm
DC East speakers tout importance of education, communication

DC East speakers tout importance of education, communication

Success in achieving defined contribution plan goals can rely as much on how plan executives and service providers communicate as to what investment options they offer, plan designs they prepare, and ...

March 05, 2014 | 05:30 pm

Janney Montgomery Scott chooses Putnam as record keeper

Janney Montgomery Scott LLC hired Putnam Investments as record keeper of its defined contribution plan.

February 25, 2014 | 03:55 pm

Southwest Airlines brings NEPC on board for DC plans

Southwest Airlines Co. hired NEPC as investment consultant for its 401(k) and profit-sharing plans.

February 25, 2014 | 01:15 pm

Massachusetts wants data on annual lump-sum matching DC contributions

The Massachusetts Securities Division is calling on 401(k) plan administrators to report how many companies have shifted to a lump-sum matching contribution once a year, a change that can undermine...

February 24, 2014 | 05:36 pm
Chevron adding 3 options, dropping 2 in 401(k) plan

Chevron adding 3 options, dropping 2 in 401(k) plan

Chevron Corp., San Ramon, Calif., is adding three investment options and dropping two others to its 401(k) plan.

February 24, 2014 | 01:48 pm

Infinity Pharmaceuticals chooses Principal as record keeper

Infinity Pharmaceuticals Inc. hired Principal Financial Group as record keeper of its 401(k) plan.

February 11, 2014 | 12:34 pm

Whayne Supply moves to Transamerica as bundled provider

Whayne Supply Co., Louisville, Ky., hired Transamerica Retirement Solutions as bundled provider for its three 401(k) plans.

January 28, 2014 | 01:40 pm

Sunrise Senior Living goes with Principal as record keeper

Sunrise Senior Living Inc., McLean, Va., hired Principal Financial Group as record keeper of its 401(k) plan.

January 14, 2014 | 11:20 am