Lockheed Martin has changed its DC lineup to simplify choices, add equity exposure and encourage retired employees to keep assets in-plan.
New York State Teachers reported a 9.6% return on investments for the quarter ending Dec. 31 and announced several one-year renewals.
Retaining retirees' assets is a rising trend among defined contribution plans, according to a PIMCO survey of DC consultants.
A judge's ruling in favor of Principal Life Insurance Co. said it didn't violate ERISA in its adminstration of a group annuity contract.
A federal court issued a divided opinion on claims from participants in a Schneider Electric retirement plan regarding ERISA violations.
A federal court judge rejected a request by Magna International of America to dismiss a lawsuit filed by former 401(k) plan participants.
In the target-date asset arena, collective investment trusts are growing faster than their still-larger mutual fund peers.
In a year when the pandemic changed so much, Eddy Award winners rose to the challenge with excellence in communications.
A participant in a 401(k) plan run by USI Insurance Services sued the company and fiduciaries alleging ERISA violations.
Defined contribution executives say they plan to retain the strategies used during the COVID-19 outbreak in a post-pandemic environment.
Participants in a multiple-employer 401(k) plan sued several defendants, alleging ERISA violations, including high-fee investment options.
A former participant in a 401(k) plan run by Principal Life Insurance says the company failed to provide better investment choices.
CAPTRUST Financial Advisors acquired Cammack Retirement Group, marking CAPTRUST's 47th acquisition since 2006.
A court cleared the way for a trial to assess whether fiduciaries of a T. Rowe Price Group 401(k) plan violated terms of ERISA.
Deferred compensation plan assets rose, but state laws that effectively block auto enrollment in these plans hamper growth potential.
New Jersey Pension Fund added three new positions, including recently hired heads of real assets and fixed income.
New Jersey Division of Investment reduced the amount of bonuses paid to external alternatives managers by about 3.5% for the fiscal year.
New York State Teachers' Retirement System renewed two consultant contracts and 10 manager contracts. Each was renewed for one year.
Thanks to the Supreme Court, ERISA stock-drop cases remain a tough challenge for participants to even get to trial.
Fidelity announced it was cutting to $5 million from $100 million the target-date asset level sponsors would need to qualify for lower fees.
Amid political, regulatory and medical uncertainty, defined contribution sponsors try to achieve their goals for plan improvements in 2021.
Edward Ramos has joined the New Jersey Division of Investment as its first diversity portfolio manager.
One year after the SECURE Act, some sponsors are trying to regain momentum to see if in-plan annuities make sense for their participants.
Vanguard Group is cutting to $5 million from $100 million the minimum investment needed by a DC plan for its target retirement funds.