…help narrow the retirement coverage gap—a longstanding challenge in the U.S. workforce. Key Trends Accelerating PEP Adoption Since their introduction, several trends have helped accelerate interest and adoption of PEPs across the marketplace: Regulatory Clarity and Support The Department of Labor (DOL) and Internal Revenue…
For financial advisors working in today’s retirement plan marketplace, fiduciary responsibility is no longer a static concept—it’s an operational reality that continues to evolve. Regulatory scrutiny, growing administrative complexity, and heightened plan sponsor expectations are placing increasing pressure on advisory practices to do more, manage…
…repair. Sometimes hiring an expert saves time, money, and worry. This same maxim applies to retirement plans. Although some plan sponsors—especially larger employers—may have some in-house expertise, most of them may benefit from hiring experts to administer at least certain aspects of their retirement plan….
As the retirement space continues to expand, what new technologies, solutions and opportunities will help improve plan outcomes? Attend our upcoming PENTalkTM where we will discuss what’s on the horizon for the retirement industry in 2025….
…that was designed to make it easier and less expensive for smaller businesses to participate in a plan along with other unrelated employers. Since that time, we have found that PEPs appeal to a broader range of employers than Congress originally contemplated. Other trends have…
…Pentegra, we frequently identify compliance issues early in our client onboarding process—and what we see tends to mirror broader industry trends. For retirement plan advisors, understanding these recurring pain points and the various correction programs used to resolve them is an essential value-add for your…
…plan business by using industry best practices and integrating 3(16) fiduciary services into your strategy. Align Plan Design with Business Goals and Workforce Needs Your first step with any client should be clarifying their business objectives and workforce demographics. Is the plan meant to attract…
This is Eric Wietsma, President and CEO of Pentegra. Starting with this post, I’ll be writing a monthly blog that explores retirement plan trends, legislative and regulatory developments, and challenges and opportunities for plan sponsors and advisors. As we move into 2025 and experience a…
…aims to limit this unpredictability and shift certain risks off the sponsor’s balance sheet, either by adjusting the investment profile or by reducing the size of the plan’s liabilities directly. Why is Derisking a Growing Priority? Several key trends are accelerating the focus on derisking:…
…need to help deliver and monitor the best retirement plan for each client. You can offer tremendous value to your 401(k) clients by using your expertise to help identify, fix and avoid the most common plan mistakes, before they become big problems. This will help…
…a successful business. How hard can it be to add a retirement plan to the mix?” Unfortunately, we have witnessed too many talented business owners underestimate the effort and expertise that is needed to run a compliant retirement plan. Often, employers hire experts to help…