OUR THOUGHTS ON:

SORT OPTIONS: Most Recent | Most Viewed

Participation Rate Rises Slightly

The average participation rate in 401(k) plans was 82.7% at the end of 2008, according to the 52nd Annual Survey of Profit Sharing and 401(k) Plans by the Profit Sharing/401(k) Council of America. That is a very small increase over the previous year’s rate of 81.9%. Pre-tax participant deferrals averaged 5.5% of pay for non-highly compensated employees and 6.6% for highly compensated employees.... read more >

Asset Allocation in a Changing Economic Environment

We here at Schneider Downs Wealth Management Advisors, LP have long held that the recipe (asset allocation) is as or more important than the ingredients (utilized funds). As any great chef will tell you, a bag of the best ingredients in the world doesn’t ensure a tasty dish without the right recipe that has most likely been developed over time.... read more >

Best Practices in Engaging 401(k) Participants

ERISA

By Jeffery Acheson

 A 401(k) plan without adequate planning tools and processes is like a bag of groceries without a cookbook; great possibilities exist, but the odds of acceptable outcomes are greatly diminished. How do plan sponsors who genuinely believe their employees are one of their organizations’ biggest assets engage participants at the intersection of human and financial capital?... read more >

What Do We Make Of This Economy?

2008 is now behind us. To say that it has been a challenging year for all of us would be a dramatic understatement. I would like to apologize in advance ... read more >