Bill would grant nondiscrimination relief to frozen plans
In the legislative flurry before Congress broke for summer vacation, bipartisan legislation was introduced that would provide nondiscrimination relief to frozen pension plans. Read full article Source: BenefitsPro ...
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Judy Diamond Associates Analysis Reveals Small 401(k) Plans Outperform Large Plans
Washington, D.C., August 5, 2014 – Judy Diamond Associates, the 401k plan intelligence provider of leading financial advisors, brokers and fund companies, today released an analysis of 401(k) plans by size, revealing that the smallest plans outperform the largest plans ...
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Judy Diamond Associates Analysis Reveals 57,000 401(k) Plans Failed Nondiscrimination Testing
Washington, D.C., June 24, 2014 – Judy Diamond Associates, the 401k plan intelligence provider of leading financial advisors, brokers and fund companies, today released a study revealing that 57,277 401(k) plans failed their most recent IRS nondiscrimination tests. These plans were required to return $794 million in 401(k) contributions to highly compensated employees, resulting in increased income taxes and lower retirement savings for the impacted participants ...
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Summit Professional Networks Acquires Pension Data Resources
Combines PDR’s PensionPlanet.com with the Judy Diamond suite of data tools to broaden Summit’s reach and services in the qualified retirement plan market New York, NY, June 9, 2014 –Summit Professional Networks today announced the acquisition of Pension Data Resources, Inc., known best in the industry by its PensionPlanet.com brand. Pension Data Resources, founded in 1987, provides Form 5500 pension/retirement plan data and information services to individual financial advisors and enterprise financial institutions. Summit owns Judy Diamond Associates, a suite of pension/retirement and health/welfare prospecting and plan analysis tools. The acquisition expands Summit’s position as a leading provider of data-driven prospecting, plan ...
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Judy Diamond Associates Analysis Reveals Enormous Opportunity for Financial Advisors Seeking 401(k) Rollover Clients
Washington, D.C., June 3, 2014 – Judy Diamond Associates, the 401(k) plan intelligence provider of leading financial advisors, brokers and fund companies, today released an analysis of the retirement industry that revealed that approximately one-fifth of the assets held in large 401(k) plans are held by retirees or pre-retirees who have not yet rolled out of their plans. The research indicates that there is an enormous opportunity for financial advisors to assist works transitioning into new retirement plans ...
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