Wellness

Covered California’s Small Employer Health Options Program (SHOP) is growing, but a private-sector competitor to the state-run HIX is growing even faster.

Commentary: While an employee assistance program may be promoted to employees when it’s launched, it quickly becomes lost in the collection of employee benefits and is rarely utilized. To maximize its value, ask whether your prospective vendor includes some of the following services.

If your retirement plan provider hasn’t yet entered the mobile app market, you could be missing out on an important opportunity to educate your 401(k) plan members.

Transparency and flexibility are among the attributes brokers look for when implementing a wellness program, EBA survey shows.

To avoid breach of fiduciary duty claims in the future, retirement plan sponsors need to reexamine the investment policy statement for their 401(k) plans to make sure they are doing enough to make sure workers’ retirement funds are invested in the lowest fee and best investments possible.

With desks the central point for getting work done, employers often focus on having employees sit at their workstations to complete assigned tasks the entire day. Encouraging employees to stand, stretch, and walk around is counterintuitive.

There’s no surprise retirement readiness is a top concern among small employers, with their employees are most at risk – a conversation that took center stage when President Barack Obama unveiled the “MyRA” initiative for employers last year.

The U.S. Supreme Court issued a decision Monday that could have far-reaching implications for how long a retirement plan participant has to sue an employer for breach of fiduciary duty in a 401(k) plan.

Commentary: Countless conversations with brokers struggling with 6055 and 6056 concerns show many find their applicable large employer clients are challenged to find practical solution for this reporting, says EmployeeTech’s Michael Weiskirch.

A bipartisan bill recently introduced in the House and Senate would require employer-sponsored retirement plans to provide participants with an estimate of how much lifetime income they could expect from their current savings.