401(k) plans lift stock restrictions
Financial advisers wishing to help employers benchmark their 401(k) plans should take note of a new Fidelity study that found 66% of 401(k) plan sponsors that provide matching contributions in company stock do not impose trading restrictions on their employees.
In fact, Fidelity finds that 15% of all plans with company stock removed trading restrictions last year and 21% are considering removing restrictions in the near future. The survey of more than 9,300 defined contribution plans appears to make a case for the benefits