Blog

Home Resources Blog

PlanPILOT Recognized as a Top 100 Retirement Plan Adviser

Posted on by Editorial TeamLeave a comment

PlanPILOT Named to 2018 PLANADVISER Top 100 Retirement Plan Advisers

CHICAGO, IL – February 01, 2018 – PlanPILOT is pleased to announce it has been named as one of the 2018 PLANADVISER Top 100 Retirement Plan Advisers.

PlanPILOT Recognized as a Top 100 Retirement Plan AdviserThe PLANADVISER Top 100 Retirement Plan Advisers is an annual listing of adviser individuals and teams that stand out in the industry in terms of a series of quantitative measures. These include the dollar value of employer-sponsored retirement plan assets under administration (AUA), as well as the number of plans under advisement.

PlanPILOT was recognized in the “Large Teams With $3.5 Billion or More in Retirement Plan Assets Under Advisement” category.

Read More
Adding a New Investment Option to a Retirement Plan

Adding a New Investment Option to a Retirement Plan

Posted on by Editorial TeamLeave a comment

A retirement savings plan, such as a 401(k) or 403(b), is a valuable employee retention and recruitment benefit. But sponsoring one takes a great deal of work and employees do not always fully understand the plan’s value or utilize its benefits. Meanwhile, you need to make sure the plan investment options are sound, diverse, and low cost while meeting participant needs. That means developing an investment policy statement and monitoring process that:

  • provides ongoing vigilance,
  • regularly reviews participant and fund behavior, and
  • considers new investment options.
Read More
How to Boost Plan Participation Rates

How to Boost Plan Participation Rates

Posted on by Editorial TeamLeave a comment

When asked why they did not participate in their employer’s 401(k) plan, 40 percent of respondents to a survey said they did not have time to enroll. Nearly an equal percent said they did not earn enough, and 19 percent cited the hassle of enrollment as the reason for non-participation. These concerns, as well as other factors, could be affecting the participation and retirement readiness of the employees of your organization. Here are a few ways you can address these common concerns and increase plan participation rates.

Read More
Plan Sponsor Risk Management Strategies

Plan Sponsor Risk Management Strategies

Posted on by Editorial TeamLeave a comment

Retirement plan risks cannot be avoided, but they can be managed in order to minimize their impact on plan participants and sponsors. Employers and sponsors that offer defined contribution (DC) plans have a fiduciary responsibility to measure, manage and mitigate the various factors and risks that could affect those plans.

Protecting a retirement savings plan and its assets requires effective governance. The need was particularly intensified in recent years by several employee class action lawsuits scrutinizing employer governance of 401(k) and other defined contribution plans (e.g., 403(b) and 457).

Read More