Taking Stock of Company Stock—and Its Risks—in a 401(k) Plan

While a potentially attractive option because it offers participants a convenient and tax-efficient opportunity to invest in their employer, company stock comes with significant fiduciary and investment risks, especially if the allocation to company stock becomes too concentrated. 

New Payroll Integrations Offering for Retirement Plan Sponsors

We’ve recently added Payroll Integrations, Inc. (PI) to our extensive payroll provider network. PI offers 360 payroll integration between our recordkeeping platform and top payroll providers—minimizing administrative tasks, reducing errors through automation, and ensuring timely submission of employee contributions—quickly and securely. 3(16) fiduciaries and third-party administrators (TPAs) can also leverage this partnership.

Our enhanced onboarding process with PI simplifies implementation and significantly reduces the time needed for 360 integration.

Learn more about the benefits of Payroll Integrations.

Simplify Plan Administration With Automated Participant Force Outs

We’ve made managing your plan even easier with our automated participant force out service. Simply review the census report we send you, and we’ll handle the rest, including identifying eligible participants, mailing termination packages, monitoring status, and processing distributions.

To qualify, your plan must adhere to the $1,000 or $7,000 force out limit and elect the Ascensus Trust Automatic Rollover IRA program. The fee is $20 per participant mailing, deducted from the participant’s retirement account.

Learn more or contact your Vanguard Retirement Plan Access™ Client Services team.