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Glossary of Retirement Terms

Welcome to 401khelpcenter.com

With the explosive growth of government and private internet sites containing information, opinion, analysis, marketplace news, legislation, court cases, rules, and other 401k and 403(b) resources, your challenge to identify salient information and issues that really matter is greater than ever. That's where 401khelpcenter.com excels. We are a knowledge service that curates -- finds, groups, organizes and shares -- the best and most relevant information for people who sponsor, advise, design, administer, make policy about, participate, or are otherwise interested in 401k and 403(b) plans.

Marketplace News

Target-Date Fund Study Released

MainStay Investments Launches New Retirement Share Class

Beltz Ianni Adds Marketing & Communications Manager

(K)onvergence Summit Appoints ShoeFitts to Manage Social Networking

Nominations Open for EBRI's 2013 Lillywhite Award

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Daily News Digest

The Daily News Digest is where we aggregate the latest published material on 401k trends, fiduciary issues, legislative action, court cases, opinion, rule changes, insights, surveys, studies, commentary and more. The information is updated daily.

What is a Qualified Plan?

Summary: Oftentimes, descriptions of what makes a retirement plan a qualified retirement plan are far too general. Such descriptions typically list some of the more basic tenants of the qualification requirements in very general terms without going into detail and without ever describing each of the 34 actual requirements. Every employer that sponsors or is considering the adoption of a qualified plan needs to have a complete understanding of what constitutes a qualified plan as a part of satisfying its fiduciary obligation to the plan participants.

Source: Manning-Napier.com, June 2013

Managing Plan Costs

Summary: Many recordkeepers and bundled providers charge plans based on the number of participant accounts. Many others do not explicitly charge on a per-participant basis, but incorporate the number of accounts (and possibly the average account balances) into their pricing. With that in mind, advisers, recordkeepers and plan sponsors should consider mandatory distributions of small account balances (that is, $5,000 or less) to manage plan costs.

Source: Fredreish.com, June 2013

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Collected Wisdom™

Our researchers look for what they think are some of the better resources available to assist you in administering your plan or helping your clients. We group these resources in our COLLECTED WISDOM™ topics to make it easy for you to locate the information you need. Each item in a category contains a summary and date of when it was placed in the group.

We also maintain some older material in these collections for perspective and context.

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Insights: Research and White Papers

There is a great deal of research published around defined contribution plans and related issues. We index much of it here.

Plan Sponsors Forecast Change to DC Investment Menus

Summary: Signaling imminent change in the defined contribution investment marketplace, just over half (51%) of plan sponsors say they will modify their investment line-up over the next 12 months, which is up considerably from the 44% of sponsors that anticipated changes one year ago. These and other findings are included in the new DC Investment Manager Brandscape report recently released by Cogent Research.

Source: 401khelpcenter.com, June 2013

Employee Benefits Shift in Era of Cost Pressures

Summary: Employers are continuing to make gradual shifts to their benefits plans as they confront legislative changes, escalating costs, slashed HR budgets and an uneven economy, according to the findings in SHRM's 2013 Employee Benefits survey report, released on June 14. The survey of randomly selected SHRM members was fielded in February 2013.

Source: Society for Human Resource Management, June 2013

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401k 401(k) Retirement Plans


Tools and Resources

Calculators, charts, samples, directories and other resources to help you run and manage your plan or practice.

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Viewpoint: Commentary and Opinion

People speak out on a variety of issues of interest to those in the 401k industry. One of our most interesting areas, but remember, opinions expressed here are those of the author and do not necessarily reflect the positions of 401khelpcenter.com.

How the SEC and FINRA Can Strengthen the Fiduciary Standard Now

Summary: The SEC is awaiting public comment on its March 1st request for data involving the costs and benefits of adopting a uniform fiduciary standard for brokers and advisors. Whether it eventually adopts a rule, after receiving clear authority from Congress three years ago to do so, remains open to question. In the meantime, the Commission could utilize its longstanding amicus program to bring important issues involving brokers and advisers before the courts now.

Source: Fi360.com, June 2013

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Legal, Court and Legislative Items of Interest

This is a directory and index of articles that review recent court rulings and bills, hearings and other actions in Congress.

Reinhart Boerner Van Deuren Employee Benefits Law E-Alert

Summary: Retirement plan topics include: 2012 Form 5500 Deadline, Department of Labor Issues Advance Notice of Proposed Rulemaking on Illustration of Lifetime Benefits, DOL Issues Proposed Amendment to Prohibited Transaction Class Exemption, and Seventh Circuit Reaffirms Position in Stock Drop Lawsuit.

Source: Reinhartlaw.com , June 2013

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Fiduciary Related News and Intelligence

These are general news and articles around fiduciary issues.

Competitive Forces Favor Fiduciary Standard

Summary: An interview with Blaine Aikin on the import of a simple fiduciary standard. Blaine is President and CEO of fi360. He is the primary architect of the AIFA program and a major contributor to the development of the Fiduciary Excellence concept that is at the heart of fi360's products and services.

Source: Fiduciarynews.com, June 2013

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The Five Most Popular

Here are this weeks five most popular articles.


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