The Shape of 401(k)s to Come
Treasury & Risk Management (01/03) Vol. 13, No. 1 p.12; McCafferty, Joseph

A recent survey by Hewitt Associates revealed that 83 percent of companies plan to decrease the amount of company stock in employees' 401(k) plans and 98 percent also indicated an interest in helping employees understand their retirement savings plans. Efforts to educate employees about their retirement plans are expected to include targeted communications. However, company executives also indicated a renewed focus on reducing lawsuit liabilities, and 31 percent plan to accomplish this goal through greater compliance, while 25 percent plan to increase their scrutiny of plan providers and their plans. In addition, 74 percent plan to reduce the costs associated with running their 401(k) plans.

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