Recently, investors are showing an increasing appetite for risk. To this end, more investors are now moving away from the public markets into alternative investments such as private equity, corporate loans and real estate. This includes retirement plans where there is...
In an earlier article, we discussed recently passed legislation that provides tax credits for businesses using automatic enrollment as a feature in their retirement plan. As a brief refresher, with automatic enrollment once an employee is eligible for the 401(k) plan,...
During the Trump administration in 2020, the Department of Labor issued an information letter stating that alternative investments can be added to defined contribution plans without violating ERISA’s fiduciary standards.This letter did not endorse adding private...
According to J.P. Morgan’s 2021 Defined Contribution Plan Participant Survey findings, more than half of the 1,281 respondents indicate that they: Are presented with more plan information than they can absorb.Don’t read investment information provided to them.Are...
In 2020, nearly 100 lawsuits alleging breach of fiduciary duty were filed. And with the number of 401(k) lawsuits on the rise targeting plans both large and small, sponsors are well-advised to consider taking additional measures to mitigate fiduciary risk where...
At Kampstra Wealth Management one of our specialties is working with business owners, CFO’s, HR staff and other company stakeholders to craft retirement plan benefits that create successful outcomes for all. To reach retirement on your own terms, we have to have...
