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Prince William County Public Schools sticks with Lincoln Financial
truePrince William County Public Schools, Manassas, Va., rehired Lincoln Financial Group as bundled provider for its $523 million 403(b) plan and $16 million 457 plan.
The 403(b) lifetime income lesson for 401(k) plans
trueNot-for-profit defined contribution plans commonly help to mimic defined benefit pensions by focusing on lifetime income. They also typically incorporate guaranteed retirement income products and provide communication, education and advice that can help keep participants focused on monthly ...
Richmond Public Schools looking for sole provider for 3 DC plans
trueRichmond (Va.) Public Schools is searching for a sole provider for its three retirement plans.
Massachusetts 403(b) plan launches record-keeper search
trueMassachusetts 403(b) Elective Deferral Savings Plan, Boston, is searching for record keepers, said an RFP posted on the state’s procurement website.
State-backed program helps teachers keep more savings
trueNorth Carolina State Treasurer Janet Cowell's battle to help teachers hang on to more of their hard-earned retirement savings led to her being honored as a 2015 Innovator.
Tax exempt but tax prepared
trueIt's clear taxes will be center stage in the presidential race, which makes it all the more important for plan sponsors to make sure they have investment options that hedge tax uncertainty — no matter who ends up in the White House.
Mount Holyoke College adds 2 funds, drops 2 PIMCO options in 403(b) plan
trueMount Holyoke College, South Hadley, Mass., is adding two investment options and dropping three others from its 403(b) plan, said a letter to plan participants on the college's website.
Delaware looking for record keepers for 3 state DC plans
trueDelaware is looking for one or more record keepers for its three defined contribution plans — a 457(b) deferred compensation plan, a 401(a) match plan and a 403(b) plan.
Target-date rush pushes assets of DC money managers to record
trueTarget-date fund assets surged more than 28% last year, helping produce record-high defined contribution assets under management, according to Pensions & Investments' annual survey of DC money managers.
Fresno Economic Opportunities Commission taps new consultant
trueFresno (Calif.) Economic Opportunities Commission hired Retirement Benefits Group as investment consultant for its defined contributions plans.
California State University culls record-keeper candidates
trueCalifornia State University, Long Beach, named two finalists in its search for record keepers for its $1.1 billion 403(b) plan.
PSCA: Nearly all plan sponsors make contributions to 403(b) plans
trueMore than 96% of 403(b) plan sponsors contribute to their plans, up 13.9 percentage points from 2013, said Plan Sponsor Council of America’s annual survey released Thursday.
Children's Hospital Corp. trims lineup for 2 DC plans
trueThe Children’s Hospital Corp., Boston, is reducing the number of investment options in its two 403(b) plans, said a brochure to participants on the plans’ website.
Mission, Texas, school district calls for third-party administrator
trueMission Consolidated Independent School District, Mission, Texas, is searching for a third-party administrator for its 403(b) and 457 plans.
California State University casts net for record keepers for 403(b) plan
trueCalifornia State University is searching for record keepers for its $1.1 billion 403(b) plan.