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

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Employee Benefits

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
How we won the WSB Awards 2023... Barnett Waddingham

How we won the WSB Awards 2023... Barnett Waddingham

BW was commended for a range of great innovative projects

Professional Pensions
clock 29 November 2023 • 2 min read
WSB Awards 2023 - Winners' Supplement

WSB Awards 2023 - Winners' Supplement

Find out how some of the winners of the Workplace Savings & Benefits Awards 2023 won their accolades in our special supplement celebrating their successes.

WSB
clock 29 November 2023 • 1 min read
Trustpilot