Defined Contribution

The American Academy of Actuaries has developed a range of options that public policymakers, and plan sponsors, should consider to address obstacles that remain for spouses of participants in 401(k) plans, in the event of death or divorce, as well as for domestic partners.

During the first quarter, average account balances were lower, but the average contribution rate to 401(k) plans hit 14.3%, close to Fidelity's suggested savings rate of 15%.

The ERISA Industry Committee submitted several recommendations regarding matching contributions for student loan payments, catch-up contributions and auto enrollment to be part of the upcoming 2025-2026 Priority Guidance Plan, in a letter sent to the agencies.

The Senate has introduced a bill, Improving Disclosure for Investors Act of 2025, which would require the SEC to propose rules allowing for the default electronic delivery of regulatory documents to investors, who can still choose to "opt out." 

The chipmaker Intel's case dismissal might provide comfort to plan fiduciaries looking to provide access to private market assets, often overlooked in 401(k) plans, as part of a well-diversified retirement portfolio.

This class action suit is one of 50 suits filed in the past two years by employees challenging how employers use the "forfeited funds" from departing employees who leave before they are vested in the retirement plan.