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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 ...
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 ...
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]
Once a month you'll receive an email to update you on the features you've activated. Your AOL MyBenefits email includes • Explains all the wonderful benefits available to you as part of your plan.
Image source: Getty Images. The average 401(k) balance is lower than you might think. Those age 65 and older generally have higher retirement account balances than younger workers, but the average ...
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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