Comment: Match, set, point for plan sponsor

clock

FedEx made the headlines over the summer when the company said it planned to reinstate the match into its 401(k) programme. In doing so, the company took a step to reverse one of the more common trends in the pensions industry since the start of the financial crisis: freezing the matching contribution.

  The package delivery company said it would fully restore its 401(k) match as of January 2011. The benefit was originally cut at the end of 2008. FedEx announced the change as it raised its ear...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Employee Benefits

WSB Awards 2024 — The Winners

WSB Awards 2024 — The Winners

Recognising excellence among employers, providers and consultants

Workplace Savings & Benefits
clock 06 September 2024 • 2 min read
WSB Awards 2024: Shortlists revealed!

WSB Awards 2024: Shortlists revealed!

The winners will be unveiled on 5 September at an event at the Marriott Grosvenor Square

Workplace Savings & Benefits
clock 04 July 2024 • 3 min read
How we won the WSB Awards 2023... Fidelity International

How we won the WSB Awards 2023... Fidelity International

Fidelity International was praised by judges for its year-round education programme

Professional Pensions
clock 29 November 2023 • 3 min read
Trustpilot