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Aon Hewitt (formerly known as Hewitt Associates) was a provider of human capital and management consulting services headquartered in Lincolnshire, Illinois in the United States. From 500 offices in 120 countries, it provided consulting, outsourcing, and reinsurance brokerage services.
A 2006 law designed to increase retirement savings allowed companies to auto-enroll employees in 401(k) plans. ... Multiple 401(k) plan administrators -- Aon Hewitt ...
A survey from Aon Hewitt found that employers plan to take advantage of a brand-new law allowing workers to make transfers from their existing regular 401(k) accounts to Roth 401(k)s. Although ...
The largest 401(k) plan administrators -- Fidelity, Aon Hewitt (NYS: AON) , and Vanguard -- boast roughly 27%, 9%, and 8%, respectively, of U.S. market share. But since they already offer very ...
Alight was formed in May 2017 after the acquisition of the benefits outsourcing department of Aon Hewitt by private equity funds affiliated with Blackstone Group L.P. [3] [4] It is headquartered in Chicago, Illinois. [5] [6] In August 2024, Dave Guilmette was hired as a new CEO of the company. [7]
The 401(k) has been around for 46 years, and in that time, it has become the dominant workplace retirement plan employees of all ages use to save for their futures. Each generation has made its ...
We all know the importance of saving for retirement. But while we mean to give our 401(k)s a good, hard look, oftentimes noble intentions -- like opening that quarterly statement that's been ...
Mutual fund giant and retirement plan administrator Vanguard says that in 2023, its corporate clients' average contribution to workers' retirement accounts was 4.6% of their pay. Still, money's money.
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