401(k) Specialist Issue 2 - 2016 - 11
401(k) NEWS YOU CAN USE
Top 20 Industries
with Best
401(k) Plans
WHO TAKES THE TOP SPOT in 401(k) offerings and participation?
BrightScope released the following list. Those close to the
bottom need a bit more help, which should be a major hint for
hungry retirement plan advisors. Law remains the most dominant
industry, remaining No. 1 for three years in a row, while Utilities,
Mining, Technology and Airlines round out the top five industries
for the third year in a row.
Top funds by total distribution held in these 401(k) are: Vanguard
Institutional Index, PIMCO Total Return, American Funds
EuroPacific Growth, Fidelity Growth Co., Vanguard Total Bond
Market Index.
With that said, the rankings are as follows:
Only Half of U.S.
Singles are Saving
for Retirement
GET MARRIED AND SAVE.
That appears to be the message in new research from marketing-intelligence
firm Mintel. The population of single adults is
increasing, comprising a larger percentage of households than ever
before, partially due to a trend in consumers staying single longer.
However, Mintel's " Retirement Planning US 2015 " report reveals
that only half of U.S. singles (51 percent) have a retirement savings
account, compared to seven in 10 (68 percent) of those living
with a partner and a full 84 percent who are married.
A top barrier to saving? Plan confusion.
Consumers are concerned that they do not understand how
their retirement plan works (65 percent). For example, more than
half (56 percent) don't understand the investment options available
to them. Another problematic issue is that more than half
of respondents who are parents believe that saving
for their children's education is more important than
saving for retirement (56 percent).
ONLINE
EXTRA
1) Law
2) Utilities
3) Mining, Quarrying, and Oil and Gas Extraction
4) Airlines
5) Technology
6) Professional, Scientific, and Technical Services
7) Business and Finance
8) Manufacturing
9) Management of Companies and Enterprises
10) Information
11) Wholesale Trade
12) Automotive
13) Real Estate and Rental and Leasing
14) Other
15) Health and Medicine
16) Construction
17) Transportation and Warehousing
18) Arts and Entertainment
19) Education
20) Administrative and Support and Waste
Management and Remediation Services
ISSUE 2 2015 | 401kSpecialistmag.com 11
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401(k) Specialist Issue 2 - 2016
Table of Contents for the Digital Edition of 401(k) Specialist Issue 2 - 2016
Table of Contents
401(k) Specialist Issue 2 - 2016 - Cover1
401(k) Specialist Issue 2 - 2016 - Table of Contents
401(k) Specialist Issue 2 - 2016 - 1
401(k) Specialist Issue 2 - 2016 - 2
401(k) Specialist Issue 2 - 2016 - 3
401(k) Specialist Issue 2 - 2016 - 4
401(k) Specialist Issue 2 - 2016 - 5
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401(k) Specialist Issue 2 - 2016 - 11
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401(k) Specialist Issue 2 - 2016 - 42
401(k) Specialist Issue 2 - 2016 - 43
401(k) Specialist Issue 2 - 2016 - 44
401(k) Specialist Issue 2 - 2016 - Cover3
401(k) Specialist Issue 2 - 2016 - Cover4
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