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Cowden Associates, Inc.
More Senior Executives Taking a Role in Managing Employee 401K Plans
August 23rd, 2008
Significantly more senior executives are taking a direct role in decisions regarding their organization's 401(k) plans than in the past, according to Cowden Associates, Inc.'s Second Annual Tri-State Defined Contribution Plan Sponsor Survey. Of the survey respondents, 94 percent indicated that their senior executives are involved in the investment decision-making process, compared with 30 percent in 2007. More than 125 employers throughout the tri-state region participated in this year's survey, providing information on their location, size, total plan assets, type of organization, and eligibility for and participation in the plan. ...
Source: Law & Health Weekly (2008-08-23)
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