TriNet, which provides human resources services for small and midsize companies, announced that it’s moving its 401(k) plan to Empower by the end of this year.
The plan, which has been administered by Transamerica, had $4.89 billion in assets and 273,375 participants according to the 2020 Form 5500 the company filed with the Labor Department.
TriNet said in its announcement that the move to Empower would allow it to provide more website capabilities, including Spanish translation, Saturday call center hours and Spanish-speaking representatives, and specialists to help participants with events such as divorce and hardships.
See which platforms and providers earned 5-Star recognition this year
Meanwhile, a multigenerational Cambridge team has hopped to LPL in Michigan, and Cetera's run of Commonwealth recruitment continues in New Jersey.
TIAA survey finds 53% of Americans worry about running out of money, as AI and medical advances scramble retirement income planning.
Two wirehouse veterans choose advisor-owned model as independents target ultra-high-net-worth clients beyond portfolio management.
Guardian's Nancy DeRusso tells InvestmentNews how advisors can help close the 'longevity gap'.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
