Thinking About Changing 401(k) Providers? Five Things You Should Know

  • Bjork Group

Offering a competitive benefits package, including a top-notch 401(k) plan, is essential for your company to recruit and retain top talent. Today’s workers highly value employer-sponsored retirement plans: 88% of them say that an employee-funded retirement plan is important to them.[1] In addition, eight out of ten new hire candidates consider retirement savings programs offered by prospective employers a major factor in their job search decisions.[2]

Image

Q1 2020 Newsletter: Fiduciary Plan Governance

  • Bjork Group

The start of a new year is a great time to review your fiduciary governance process and confirm that your fiduciary priorities have been set. Preparing for the unexpected can be a delicate balancing act, but it is vital for the organized plan administration!

Image

2020 Compliance Calendar

  • Bjork Group

Everyone loves the compliance deadlines that should be met every year. To help you stay ahead of the curve with important deadlines and filings, please find attached our complementary 2020 Compliance Calendar. If you have any questions about deadlines or information requested, please contact us to review today!

Download-Button

Image

SECURE Act and What 401(k) Plan Sponsors Need to Know

  • Bjork Group

On 23 December, one of the largest changing legislative acts to impact America’s retirement system was signed into effect. The Setting Every Community Up for Retirement Enhancement Act – or SECURE Act – has many updates and modifications that seek to enhance retirement security activities. The Act strives to addresses challenges that small business owners face including helping your employees better understand their workplace savings plans, encouraging employees to save more for their future, and offsetting plan costs.

Image

Participant Infographic | 3 Tips to Tackle Debt and Help Brighten Your Financial Future

  • Bjork Group

Help make your employees financial future brighter with these 3 Tips to Tackle Debt!

Image

Plan Sponsor Guide | 20 Questions to Ask a Recordkeeper

  • Bjork Group

20 Important Questions You Should Be Asking a Recordkeeper

Image

2020 Contribution Limits

  • Bjork Group

Bjork Group_2020 Contribution Limits_Headline Image

The IRS has announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2019. For company retirement plans, the most recognized highlight is the 401(k) contribution limit increase to $19,500 for the new year.

Image

How Data Analytics Can Help You Make Retirement Plan Decisions

  • Bjork Group

If you’re not using data analytics to help you make progress toward improving participant outcomes, then you could be missing out on a key component of plan governance. Data analytics are becoming a meaningful part of defined contribution plan governance for retirement plan fiduciaries.

Image