retirement plan

The Power of Small Data for Retirement Plan Sponsors
Team SummitEmployee Outcomes, Employer Resource CenterComments are off for this post
As a plan sponsor, you probably spend a fair amount of time dealing with it one way or another — whether you’re gathering, analyzing, or reporting it. And for good reason, given the intrinsic value of data-driven decision making. Much of this data exists on a macro level, including market trends, economic reports, white papers  Read More →
The Part-Time Retirement Plan Participant
Team SummitEmployee Outcomes, Employer Resource Center, Fiduciary GovernanceComments are off for this post
The SECURE Act and SECURE 2.0 have increased many part-time employees’ access to employer-sponsored retirement plans. As such, understanding the unique challenges of improving part-time participants’ retirement readiness, and how their needs may differ from those of full-time employees, is essential for sponsors. Common Reasons for Part-time Employment Part-time employees work fewer hours for a  Read More →
Portability Services Network Expands Impact
Team SummitEmployee Outcomes, Employer Resource Center, Fiduciary Governance, Plan Operations & AdminComments are off for this post
According to a recent release, the Portability Services Network (PSN), which began with three of the biggest recordkeepers in the country just over a year ago, has now grown to include three additional providers, covering over 15,000 retirement plans and 5 million members. For employees with balances under $7,000, PSN, led by Robert L. Johnson’s  Read More →

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