Fidelity Investments 403(b) defined contribution business has doubled since 2008, fueled by retirement plan consolidations in higher education and changes in the health care industry.
The EBSA doesnt agree but an audit by the Office of Inspector General concluded the agency is not providing enough oversight of ERISA retirement plans that invest in alternative investments.
Aon Hewitt has partnered with Risk Compliance Performance Solutions to offer missing participant locator services to its defined contribution and pension administration clients.