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401(k) Fee Disclosure Regulations are Coming! |
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By NADART Administrator on
6/24/2010
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After several years of deliberating over 401(k) fees, the Department of Labor (DOL) is nearly ready to release new fee disclosure regulations requiring providers of 401(k) plans to reveal details of their fees, which is something that is not currently required. According to a USA Today article, the DOL plans on releasing their new regulations shortly.
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Some Common 401(k) Mistakes |
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By NADART Administrator on
6/22/2010
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While a 401(k) retirement plan can offer your participants many options, how they make use of those options can dictate whether they retire on a comfortable income or need to work a few more years.
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Defined Contribution Plans Offered More Now than Pension Plans |
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By NADART Administrator on
6/15/2010
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A recent report seems to confirm what many have long suspected—that 401(k) plans are replacing pensions as the primary retirement investment vehicle offered in the workplace. The results of the annual Washington-Baltimore Metro Region Benefits Survey Report found that 98 percent of employers reported offering defined contribution plans, such as 401(k)s, compared with last year’s figure of 72 percent. |
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IRS Sending out Compliance Questionnaires |
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By NADART Administrator on
6/8/2010
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The Internal Revenue Service (IRS) recently began sending out a Compliance Questionnaire to a random set of plan sponsors. About 1,200 plan sponsors will be asked to complete this questionnaire online, so that the IRS can see what topics that plan sponsors require additional education, guidance and outreach on.
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Count Down to the NEW NADART Web site! |
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By NADART Administrator on
6/3/2010
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The new NADART Web site is scheduled to go live on June 15, 2010 with a new layout and design offering Plan Sponsors and Participants easier access to information regarding their NADART plan.
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NADART’s Sub20 Plan: The Perfect Fit for Small Businesses |
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By NADART Administrator on
5/26/2010
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With National Small Business Week currently in full swing, now is the perfect time to research your company’s retirement needs. NADART offers plans tailored to fit any size. Our Sub20 Plan, which was designed specifically for small businesses, offers a number of features that makes it an ideal choice.
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This Week Is National Small Business Week |
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By NADART Administrator on
5/24/2010
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This week (May 23 – May 29, 2010) marks National Small Business Week. Since 1963, the U.S. Small Business Administration (SBA) has taken time annually to acknowledge the efforts of small business owners and entrepreneurs for these contributions to the national economy.
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Employees’ 401(k) Wish List |
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By NADART Administrator on
5/21/2010
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In an article provided by US News, American savers are requesting a few improvements be made to 401(k) programs nationwide. According to a study conducted by ING Retirement Services, Americans surveyed believe all companies should provide a 401(k) or retirement savings program to all employees as well as offer investment guidance to keep them on track.
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Coming Soon: A Redesigned NADART Web Site |
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By NADART Administrator on
5/18/2010
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A redesigned NADART Web site is scheduled to be launched in mid-June 2010. Plan sponsors and plan participants will still be able to manage their retirement accounts, view summaries of balance-related information, and access plan-related documents and information.
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