This document discusses trends in 401(k) plans based on a survey. Key findings include:
- Participant contribution rates increased in 2016, with lower-paid employees contributing 6.1% and higher-paid contributing 7% on average.
- Company contribution rates have also increased steadily over time, reaching 4.8% of payroll in 2016. The majority (82%) of companies offered matching contributions.
- The most popular investment options continued to be actively managed domestic equity and target date funds, which held 22.9% and 22.2% of assets respectively.
Ensuring your top financial executives’ compensation package is competitive is a critical component of any successful compensation program. Learn how to attract and retain top talent across all organizations.
Michael Page - Global Employment Trends - Financial Sector 2013Raquel Kroich
3.800 profissionais do Mercado Financeiro foram entrevistados em Março de 2013. Participaram executivos de 47 países, nas Américas, Europa, Oriente Médio, África e Ásia-Pacífico.
O objetivo da pesquisa é entender como os últimos anos em ambiente de crise impactaram o dia-a-dia dos profissionais do mercado financeiro em termos de motivação, salário, pagamento de bônus, oportunidades e carreira, bem como entender como os profissionais avaliam a atual situação e o futuro do mercado financeiro em todo o mundo.
Publicado em junho/2013
Check out the latest industry evolutions and innovations in the 2017 Small Business Owner Report. Twice a year Bank of America releases a small business owner report, a snapshot of small business trends across the country.
The survey of more than 1,900 nonprofit leaders in markets nationwide found that while there are some signs of hope, many nonprofits are straining under year-after-year increases in the demand for services. If you're interested in a customized report by geography or sub-sector, please contact Nonprofit Finance Fund!
Executives View Ideal Shareholder Base as Key to Increased Market Value
Companies that want to maximize their market value would do well to pay attention to shareholder composition.
This study found that nearly all companies describe their ideal shareholder as having a long-term investment horizon, but that about half of companies’ shareholder base has a short- or medium-term horizon. As a result, the authors find, most companies see significant upside to managing their shareholder base, and senior leaders spend considerable time meeting with current and prospective investors.
“More than three-quarters of companies in our survey see significant stock market benefits from managing their shareholder base,” says Anne Beyer, associate professor of accounting at Stanford Graduate School of Business (GSB) and coauthor of the study. “Companies believe that if they can identify and attract the right shareholder base, they will be able to increase the price of their stock and decrease its volatility.”
In fact, this survey of 138 investor relations professionals at North American companies shows that 80% of companies believe their stock price would trade higher over a two- to three-year period if they could attract their ideal shareholder base. On average, companies estimate their stock would rise 15% and share price volatility would decrease 20%.
Read the full report!
Ensuring your top financial executives’ compensation package is competitive is a critical component of any successful compensation program. Learn how to attract and retain top talent across all organizations.
Michael Page - Global Employment Trends - Financial Sector 2013Raquel Kroich
3.800 profissionais do Mercado Financeiro foram entrevistados em Março de 2013. Participaram executivos de 47 países, nas Américas, Europa, Oriente Médio, África e Ásia-Pacífico.
O objetivo da pesquisa é entender como os últimos anos em ambiente de crise impactaram o dia-a-dia dos profissionais do mercado financeiro em termos de motivação, salário, pagamento de bônus, oportunidades e carreira, bem como entender como os profissionais avaliam a atual situação e o futuro do mercado financeiro em todo o mundo.
Publicado em junho/2013
Check out the latest industry evolutions and innovations in the 2017 Small Business Owner Report. Twice a year Bank of America releases a small business owner report, a snapshot of small business trends across the country.
The survey of more than 1,900 nonprofit leaders in markets nationwide found that while there are some signs of hope, many nonprofits are straining under year-after-year increases in the demand for services. If you're interested in a customized report by geography or sub-sector, please contact Nonprofit Finance Fund!
Executives View Ideal Shareholder Base as Key to Increased Market Value
Companies that want to maximize their market value would do well to pay attention to shareholder composition.
This study found that nearly all companies describe their ideal shareholder as having a long-term investment horizon, but that about half of companies’ shareholder base has a short- or medium-term horizon. As a result, the authors find, most companies see significant upside to managing their shareholder base, and senior leaders spend considerable time meeting with current and prospective investors.
“More than three-quarters of companies in our survey see significant stock market benefits from managing their shareholder base,” says Anne Beyer, associate professor of accounting at Stanford Graduate School of Business (GSB) and coauthor of the study. “Companies believe that if they can identify and attract the right shareholder base, they will be able to increase the price of their stock and decrease its volatility.”
In fact, this survey of 138 investor relations professionals at North American companies shows that 80% of companies believe their stock price would trade higher over a two- to three-year period if they could attract their ideal shareholder base. On average, companies estimate their stock would rise 15% and share price volatility would decrease 20%.
Read the full report!
Leadership succession planning is a priority of family businesses in South-east Asia because of its perceived importance in attracting investment, says a new report from the Economist Intelligence Unit.
The report Building legacies: Family business succession in South-east Asia, sponsored by Labuan International Business and Financial Centre, is based on a survey of executives in the region. It finds that 67% of family businesses already have succession plans in place, and a significant majority of these companies say their boards have reviewed these plans.
Winning business and attracting investment are strong motivators for family business leaders to establish successors, despite the risk of triggering sibling rivalry or other conflict. Two-thirds of survey respondents agree that customers and investors have more trust in a family-owned business with a succession plan than in a business that lacks one. Seventy-one percent of family business leaders say it is easier to attract investment with a succession plan in place.
SHRM Survey Findings: Using Social Media for Talent Acquisition—Recruitment a...shrm
SHRM surveyed HR professionals with the job function of employment or recruitment to learn more about organizations’ use of social media for talent acquisition. Specifically, this report focuses on recruitment and screening of job candidates. It also looks at trends over time, comparing the results to data from 2011 and 2013 when possible.
The Community Foundation for Palm Beach and Martin Counties, in partnership with Allegany Franciscan Ministries, conducted the 2nd Annual Nonprofit Survey to gather data regarding the needs in the community, the state of nonprofits and how best funders could be of assistance. Respondents were asked about their current challenges, the impact the economic downturn has had on the services they offer and their most pressing funding needs. Here are the overall results. A recording of a webinar that corresponds with this presentation is also available at www.yourcommunityfoundation.org/economy.
The key findings from the 2015 manufacturing trends survey shaping the food and beverage industry this year and tips for riding the optimism wave in a balanced, effective way.
ERA 2010 Business Climate Survey Results Final 102010jagnew
A summary of responses to the 2010 Business climate survey conducted by Expense Reduction Analysts in partnership with Elite Financial Communications Group.
THESIS PROPOSAL : A STUDY ON THE PERFORMANCE OF INSURANCE COMPANIES IN PAKIS...shakeel shahzad
I defended my thesis proposal on 27th January, 2016 at PIDE. Much thanks to Dr. Attiya Yasmeen Javeed (My supervisor) for supporting me at every step.
My thesis are in progress and will complete it till end of June, 2016.
For any information please, contact me @ shakeelshahzad_14@pide.edu.pk.
Thanks and Regards,
Shakeel Shahzad.
Hispanic and Millennials have enrolled in the ACA Exchange at half the rate of all Non-Hispanics. That means substantial opportunity exists behind some cultural and generational barriers. As these newly insured take a journey through your brand’s experience and touchpoints, they will be reassessing their original brand perceptions, forming and sharing new brand opinions with circles of influence that include exchange eligibles for the open enrollment six months ahead.
A recent study categorized 130 hospitals as either low or high performers based on their talent management strategies. Discover how and why those top healthcare centers outperformed their lower performing counterparts.
This study examines the underlying components that determine the dividend policy statement of corporations in Nigeria. The study purposively select ninety-four (94) corporations out of the universe of companies listed in the Nigerian Stock Exchange. Financial ratios were extracted and computed from published annual audited financial reports spanning 2007 to 2017. This was informed by the ex-post facto research design adopted to observe key indicators of these corporations in retrospect. The panel regression analysis was used to explain the numerical phenomenon collated. The Durbin-Wu-Hausman specification test found the fixed effect model to be more suitable. The empirical results indicate that financial leverage has a significant negative impact on dividend payout; liquidity has an insignificant positive impact on dividend payout policy; profitability has an insignificant positive impact on dividend payout decision; and company size has a significant positive impact on dividend payout dicision. The study concluses that liquidity, profitability and company size are the determinants of the dividend policy of corporations in Nigeria. More specifically, company size was found to be a major determinant to the dividend policy statement of corporations in Nigeria. The study suggests that, corporations should sustain their liquid positions, asset base and profit levels at all times to meet the universe of desires of their shareholders.
Mark Paneth’s Nonprofit Pulse collects the opinions of nonprofit leaders twice a year. Findings from the Summer/Fall 2016 survey provide insights into the impact of funding challenges on meeting demand for services, attracting and retaining staff and the financial stability of organizations facing funding gaps.
The majority of respondents are senior leaders of human-service nonprofits operating in the US, including executive directors, CEOs, CFOs, board members, and directors.
The Low to moderate income residential homebuyer has been overlooked by many lenders. This is an opportunity that could change the face of many communities and increase profitability of many banks.
Leadership succession planning is a priority of family businesses in South-east Asia because of its perceived importance in attracting investment, says a new report from the Economist Intelligence Unit.
The report Building legacies: Family business succession in South-east Asia, sponsored by Labuan International Business and Financial Centre, is based on a survey of executives in the region. It finds that 67% of family businesses already have succession plans in place, and a significant majority of these companies say their boards have reviewed these plans.
Winning business and attracting investment are strong motivators for family business leaders to establish successors, despite the risk of triggering sibling rivalry or other conflict. Two-thirds of survey respondents agree that customers and investors have more trust in a family-owned business with a succession plan than in a business that lacks one. Seventy-one percent of family business leaders say it is easier to attract investment with a succession plan in place.
SHRM Survey Findings: Using Social Media for Talent Acquisition—Recruitment a...shrm
SHRM surveyed HR professionals with the job function of employment or recruitment to learn more about organizations’ use of social media for talent acquisition. Specifically, this report focuses on recruitment and screening of job candidates. It also looks at trends over time, comparing the results to data from 2011 and 2013 when possible.
The Community Foundation for Palm Beach and Martin Counties, in partnership with Allegany Franciscan Ministries, conducted the 2nd Annual Nonprofit Survey to gather data regarding the needs in the community, the state of nonprofits and how best funders could be of assistance. Respondents were asked about their current challenges, the impact the economic downturn has had on the services they offer and their most pressing funding needs. Here are the overall results. A recording of a webinar that corresponds with this presentation is also available at www.yourcommunityfoundation.org/economy.
The key findings from the 2015 manufacturing trends survey shaping the food and beverage industry this year and tips for riding the optimism wave in a balanced, effective way.
ERA 2010 Business Climate Survey Results Final 102010jagnew
A summary of responses to the 2010 Business climate survey conducted by Expense Reduction Analysts in partnership with Elite Financial Communications Group.
THESIS PROPOSAL : A STUDY ON THE PERFORMANCE OF INSURANCE COMPANIES IN PAKIS...shakeel shahzad
I defended my thesis proposal on 27th January, 2016 at PIDE. Much thanks to Dr. Attiya Yasmeen Javeed (My supervisor) for supporting me at every step.
My thesis are in progress and will complete it till end of June, 2016.
For any information please, contact me @ shakeelshahzad_14@pide.edu.pk.
Thanks and Regards,
Shakeel Shahzad.
Hispanic and Millennials have enrolled in the ACA Exchange at half the rate of all Non-Hispanics. That means substantial opportunity exists behind some cultural and generational barriers. As these newly insured take a journey through your brand’s experience and touchpoints, they will be reassessing their original brand perceptions, forming and sharing new brand opinions with circles of influence that include exchange eligibles for the open enrollment six months ahead.
A recent study categorized 130 hospitals as either low or high performers based on their talent management strategies. Discover how and why those top healthcare centers outperformed their lower performing counterparts.
This study examines the underlying components that determine the dividend policy statement of corporations in Nigeria. The study purposively select ninety-four (94) corporations out of the universe of companies listed in the Nigerian Stock Exchange. Financial ratios were extracted and computed from published annual audited financial reports spanning 2007 to 2017. This was informed by the ex-post facto research design adopted to observe key indicators of these corporations in retrospect. The panel regression analysis was used to explain the numerical phenomenon collated. The Durbin-Wu-Hausman specification test found the fixed effect model to be more suitable. The empirical results indicate that financial leverage has a significant negative impact on dividend payout; liquidity has an insignificant positive impact on dividend payout policy; profitability has an insignificant positive impact on dividend payout decision; and company size has a significant positive impact on dividend payout dicision. The study concluses that liquidity, profitability and company size are the determinants of the dividend policy of corporations in Nigeria. More specifically, company size was found to be a major determinant to the dividend policy statement of corporations in Nigeria. The study suggests that, corporations should sustain their liquid positions, asset base and profit levels at all times to meet the universe of desires of their shareholders.
Mark Paneth’s Nonprofit Pulse collects the opinions of nonprofit leaders twice a year. Findings from the Summer/Fall 2016 survey provide insights into the impact of funding challenges on meeting demand for services, attracting and retaining staff and the financial stability of organizations facing funding gaps.
The majority of respondents are senior leaders of human-service nonprofits operating in the US, including executive directors, CEOs, CFOs, board members, and directors.
The Low to moderate income residential homebuyer has been overlooked by many lenders. This is an opportunity that could change the face of many communities and increase profitability of many banks.
People who want to make a difference are often attracted to public service, where a willingness to meet the challenges facing society is a critical competency. One leading reward for their dedication has typically been a stable pension. But the 2008 financial crisis derailed expected growth in government pension funds, leaving pensions in a state of crisis.
Retaining good employees and recruiting new ones are two tough issues that many employers deal with regularly. With unemployment rates fairly low in many parts of the country, these challenges are magnified. Accordingly, employee benefits are being used in different ways to address the problem. Here's how.
The 2016 Aflac WorkForces Report is the sixth annual Aflac employee benefits study examining benefits trends and attitudes. The study reveals a portrait of the U.S. workforce, how benefits affect retention and what employees are saying about benefits options. Be familiar with what’s available to you.
The public health insurance exchanges have been in operation for nearly three years now and may be opening the door for a new generation of engaged health care consumers. Deloitte’s 2016 Survey of US Health Care Consumers sought to understand their satisfaction with coverage, confidence in handling future health care costs, use of online services, knowledge of costs, and how they shop for coverage. http://www2.deloitte.com/us/en/pages/life-sciences-and-health-care/articles/health-care-consumers-health-insurance-exchanges.html
Findings reveal:
o Exchange consumers say they are satisfied with their coverage at the same rate as people with employer coverage
o More exchange consumers feel prepared to handle future costs and able to access affordable care than last year
o More than twice as many exchange consumers report using online information sources to shop for a policy than the average consumer, including those with employer coverage
o More exchange consumers say they understand their costs than consumers with employer coverage, and when they used their coverage, few had surprise out-of-pocket costs
o Exchange consumers shop around for coverage and evaluate the total costs before making decisions, and they continue to be willing to accept network tradeoffs for lower payments
The Affordable Care Act has brought changes that businesses can’t ignore.
Aflac surveyed 314 brokers, 5,209 American workers and 1,856 business decision-makers to determine the impact health care reform is having on brokers’ business models and employers’ benefit offerings.
The results show the growing importance of voluntary insurance benefits.
Retirement Made Simpler White Paper Action And Angst Employee Sentiments ...Retirement Made Simpler
A recent survey conducted by Retirement Made Simpler (RMS) shows that Americans agree that saving for retirement is more important than ever. Read the full report.
Credit availability in Canada 2014: Targeting an ideal capital structurelbobak
The majority of Canadian financial executives surveyed by the Canadian Financial Executives Research Foundation are more optimistic about their company’s ability to obtain sufficient capital to meet its financing requirements in the next year (whether these needs are short-term, long-term or equity based). Most financial executives surveyed said credit for working capital and growth financing is generally available to their organizations, according to the study, which was published by the research arm of Financial Executives International Canada (FEI Canada), and sponsored by EY. The report, entitled Targeting an ideal capital structure, is based on the results of an online survey of financial executives across Canada, which took place in June 2014. According to the study, even those for whom credit was less available this year, the expectation is availability will improve by the spring of 2015.
The latest Retirement Plan News contains articles on the following: 1) Make Benchmarking Your Plan An Annual Exercise 2) Employer Contribution Trends 3) QDIAS Ten years On
The sixth annual Aegon Retirement Readiness Survey confirms that the gap between people’s expectations for retirement and the reality remains stark. What’s more, it illustrates that health and wealth in retirement are closely linked.
Employee Health & Financial Wellness approachWarren Handsor
Manulife in 2014 in cooperation with Ipsos Reid Research Manulife's objective to assist employers of all sizes to gain greater insight into the connection between employee health, wealth and their company's success.
Similar to Chepenik Financial 3rd Quarter (2018) Plan Sponsor Update (20)
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
Chepenik Financial 3rd Quarter (2018) Plan Sponsor Update
1. As an employer, you face a challenge: attracting and retaining the
right talent is necessary to drive your business forward. At the same
time, you likely feel a responsibility to help your employees achieve
retirement financially prepared. Your 401(k) plan can help manage
both of these goals.
Keeping an eye on the latest trends and tactics in the 401(k) arena is
one way you can keep your plan competitive. Let’s take a peek into
defined contribution plan design and activities across a wide variety of
industries and company sizes, with data drawn from a recent survey.
Contributions
In 2016, 84.9% of participants made contributions to their plans, up
from 81.9% in the prior year. Lower-paid participants (as determined
by the plan’s ADP test) contributed to their plan an average of 6.1%
of their pre-tax pay. Higher-paid participants contributed more, at
7.0% of their pre-tax pay on average.
Company contributions have shown a relatively steady increase over
time, since dropping to 3.5% of payroll in 2010. In 2015, company
contributions amounted to 4.7% of payroll, rising to 4.8% in 2016.1
Just 5.6% of companies participating in the survey did not make
contributions to the plan, 82% made matching contributions and
45.4% made non-matching contributions. For companies whose
match is a fixed percentage, 41.3% match $.50 for each dollar
contributed by the participant, up to the first 6% of pay. A further
31.8% of these employers match participant deferrals dollar-for-dollar
up to 6% of pay.
Investments
Just where is the money going? Plans continue to offer between 17
and 19 investment options for company contributions, and between
18 and 20 for participant contributions, figures which have remained
relatively steady for the last 10 years. Most frequently, assets in 2016
were invested in actively managed domestic equity funds, with 22.9%
of assets directed there. Target-date funds (TDFs) were the investment
of choice for 22.2% of assets, followed by indexed domestic equity
funds at 13.5% and stable value funds with 8.1% of assets.
Almost 40% of the surveyed plans offered a professionally
managed portfolio to participants. Seventy percent of plans use a
Qualified Default Investment Alternative, or QDIA, which for 77.5%
of them is a TDF.
Target-date funds continue to increase in both availability and
usage. Compared to 2007, availability of TDFs rose from 44.4%,
reaching 73.1% in 2016. Average allocation was just 6.4% in
2007, compared to 22.2% by 2016.
You can read more about 2016 trends in defined contribution
plan in the PSCA’s Annual Survey of Profit Sharing and 401(k)
Plans, 60th Annual Survey. Available for purchase online
at psca.org.
A Look Inside the Average 401(k) Plan:
How Your Plan Compares
1
Figures include 401(k) plans and profit sharing plans of surveyed employers.
3RD QUARTER 2018
A RESOURCE ON CURRENT ISSUES FOR PLAN SPONSORS AND ADMINISTRATORS
PLAN SPONSOR
OUTLOOKRETIREMENT
Chepenik Financial
Jason Chepenik, CFP®, AIF® | Managing Partner
429 S. Keller Road, Suite 310
Orlando, FL 32810
Phone: 407-660-1010
www.chepenikfinancial.com
2. 2
The same research shows that working with a financial advisor
can have a significant impact on retiree confidence. Three out of
four single men and women retirees who work with an advisor
were confident in living the lifestyle they want, while 66% of
single men and 54% of single women who do not work with
an advisor feel that way.
Employees Prefer a Retirement Paycheck
The shift away from traditional pension plans means today’s
employees are largely responsible for their own retirement
security. Yet many seem to long for the “good old days,” at
least in the sense of knowing they will receive a monthly income
throughout retirement.
What role should companies play in the retirement security of their
employees, especially as it relates to steady retirement income? And
how can employees best meet the need for a retirement income they
can count on? Those were among the questions explored recently
with about 1,000 U.S. employees.
While 54% of the survey’s respondents said they retain primary
responsibility for their own retirement security, 27% said companies
are primarily responsible, and 19% believe it’s the government
that has primary responsibility. Asked if they would prefer a set
retirement paycheck for life from their employer over a lump sum
of money to invest themselves, 58% preferred the steady paycheck.
Interestingly, that sentiment came not only from Baby Boomers, but
also from Millennials.
Employees want to partner with employers
Employees continue to want to partner with their employers in
the planning and execution of their retirement savings, the survey
found. In fact, they said they want companies to be more involved
in providing for their retirement security in the next five to 10 years;
61% of respondents agreed with that sentiment, compared to just
9% who said the employer should be less involved.
When asked whether they would prefer to set aside part of their
salary into a company-sponsored retirement plan or into the Social
Security program, about three-quarters said they prefer to channel
their money to the company plan. In fact, 56% said they would
prefer to save on their own rather than paying into Social Security,
if those were the only two choices. Forty-four percent preferred
Social Security to saving on their own.
This information, which was gleaned from MetLife’s Role of the
Company Survey2
, released in April 2018, aligns with research that
found a crisis in financial confidence among single female retirees;
close to half of those surveyed are not confident their savings will
last through age 90.3
Annuities and advisors increase confidence
The concept of a paycheck for life could be realized, even without
traditional pension plans, through the purchase of annuities. Among
single retirees, 71% of women with an annuity felt confident that
they could live the retirement lifestyle they want, compared to 56%
of those without an annuity. The figure was 68% for single male
retirees, whether or not they owned an annuity.
Web Resources for Plan Sponsors
Internal Revenue Service, Employee Plans
www.irs.gov/ep
Department of Labor,
Employee Benefits Security Administration
www.dol.gov/ebsa
401(k) Help Center
www.401khelpcenter.com
PLANSPONSOR Magazine
www.plansponsor.com
BenefitsLink
www.benefitslink.com
Plan Sponsor Council of America
www.psca.org
Employee Benefits Institute of America, Inc.
www.ebia.com
Employee Benefit Research Institute
www.ebri.org
2
https://www.metlife.com/about-us/newsroom/2018/april/for-retirement-employees-prefer-steady-paycheck-over-managing-th/
3
http://www.limra.com/Posts/PR/News_Releases/LIMRA_Secure_Retirement_Institute__Single_Retirees_Feel_More_Vulnerable_to_Longevity_Risk.aspx
3. 3
Q:As our company leadership retires and younger
employees take over, we are sometimes unsure about
how best to help them in their efforts to save for the
future. How do younger people view the role of their
employer and the government?
A:As the workforce transitions toward more Millennials in
company leadership roles, change is happening in how things are
done and in attitudes. Recently, a national cross-section of workers
was asked about a variety of topics that included what they expect
from their company. According to the survey, American workers
say they play the largest role in their own success. But the
next-highest number, 76% of the workers, say their employer
should have “a meaningful role in providing access to opportunities
to help them be successful.” In fact, 36% of the surveyed workers
said their employers should have a large role in providing access to
opportunities to be successful. That figure is higher than the 34%
who said their families should have a large role in their success. The
list of actions employers could take to give employees the help they
need, according to the survey, included: access to financial
products, including retirement savings plans, to help them grow
and build wealth (87%); health and wellness programs (85%); and
free financial education courses (82%). Read more of the American
Workers Survey commissioned by Prudential and conducted by
Morning Consult, at https://tinyurl.com/Worker-attitudes-Pru.
Q:We have several new employees who will be
involved with our 401(k) plan. How can we help them
stay on the right side of their duties as fiduciaries?
A:You’re wise to ask. Fiduciary training can help protect
individual fiduciaries, the plan as a whole — and, of course, the
participants. You may already know that the penalties for fiduciary
breaches can be both criminal and civil, a fact that emphasizes the
importance of knowing how to carry out these duties. While seeking
out targeted fiduciary training from your plan’s advisor, consultant
or legal counsel is a good course of action; there are a few things
important to understand right away. First is that a fiduciary may
or may not be named in the plan document. It’s the actions that
determine fiduciary status, not just the title. Everyone who works
on the plan in any capacity should know whether or not they are
a fiduciary. They must be careful to always act in accordance with
ERISA’s “sole interest” rule. It requires plan fiduciaries to act in the
sole interests (a higher standard than “best interests”) of the plan’s
participants and beneficiaries.
Q:Our soon-to-be-retirees are sometimes unclear
about how their finances will actually look in
retirement. We are offering them financial wellness
information, but it made us wonder about what we
can learn from the Baby Boom generation’s actual
retirement experience.
A:That’s the topic of an Insured Retirement Institute (IRI)
annual survey and report, now in its eighth year. While the survey
indicates a generally positive financial picture for current Boomer
retirees, many are not confident with their preparedness. Fifty-eight
percent of Baby Boomers have retirement savings in 2018, up from
54% in 2017. Of the Boomers who have retirement savings, 43%
have $250,000 or more, up from 32% last year. Still, just 25% of
Boomers think their money will last throughout retirement, and
28% said they are doing (or did) a good job with their financial
preparation for retirement. As far as who is doing the best job of
preparing for retirement, the survey shows it’s those who work
with a financial professional; these have at least $100,000 saved
compared to 48% of those without a financial professional. Read
more from the IRI report, Boomer Expectations for Retirement
2018, https://tinyurl.com/IRonlineBoomers.
Plan Sponsors Ask...
Pension Plan Limitations for 2018
401(k) Maximum Elective Deferral $18,500*
(*$24,500 for those age 50 or older, if plan permits)
Defined Contribution Maximum Annual Addition $55,000
Highly Compensated Employee Threshold $120,000
Annual Compensation Limit $275,000