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Mercer Wise 401(k) and Mercer Wise Pooled Employer Plan Surpass $3.5 Billion in US Plan Assets

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Mercer, a Marsh McLennan business (NYSE: MMC), has announced that its Mercer Wise 401(k) and Mercer Wise Pooled Employer Plan (PEP) have reached a combined $3.6 billion in US plan assets under management. These outsourced retirement plan solutions, launched in 2017 and 2021 respectively, aim to improve participant outcomes while reducing plan sponsors' administrative duties and fiduciary risk.

The Mercer Wise platform serves 80 US-based employers across various industries, providing 401(k) benefits to over 70,000 employees. Mercer's research indicates that long-term financial security remains a top concern for American employees, with retirement benefits being a key factor in employee retention.

The Employee Benefits Research Institute estimates a $3.27 trillion retirement savings shortfall for US households in 2022. Mercer Wise aims to address this gap by offering competitive financial wellness benefits and improving retirement plan coverage while potentially reducing costs and fees.

Mercer, un'azienda di Marsh McLennan (NYSE: MMC), ha annunciato che il suo Mercer Wise 401(k) e il Mercer Wise Pooled Employer Plan (PEP) hanno raggiunto un totale combinato di 3,6 miliardi di dollari in asset gestiti per i piani USA. Queste soluzioni per piani di pensionamento esternalizzati, lanciate rispettivamente nel 2017 e nel 2021, mirano a migliorare gli esiti per i partecipanti, riducendo al contempo i compiti amministrativi e il rischio fiduciario per gli sponsor dei piani.

La piattaforma Mercer Wise serve 80 datori di lavoro statunitensi in vari settori, fornendo benefici 401(k) a oltre 70.000 dipendenti. Le ricerche di Mercer indicano che la sicurezza finanziaria a lungo termine rimane una preoccupazione principale per i dipendenti americani, con i benefici pensionistici che rappresentano un fattore chiave nella retention dei collaboratori.

L'Employee Benefits Research Institute stima un deficit di risparmi pensionistici di 3,27 trilioni di dollari per le famiglie statunitensi nel 2022. Mercer Wise mira a colmare questo divario offrendo benefici competitivi per il benessere finanziario e migliorando la copertura dei piani pensionistici, riducendo potenzialmente costi e commissioni.

Mercer, una empresa de Marsh McLennan (NYSE: MMC), ha anunciado que su Mercer Wise 401(k) y el Mercer Wise Pooled Employer Plan (PEP) han alcanzado un total combinado de 3.6 mil millones de dólares en activos de planes en EE. UU.. Estas soluciones de planes de jubilación externalizados, lanzadas en 2017 y 2021 respectivamente, tienen como objetivo mejorar los resultados de los participantes mientras reducen las obligaciones administrativas y el riesgo fiduciario de los patrocinadores del plan.

La plataforma Mercer Wise sirve a 80 empleadores con sede en EE. UU. en diversos sectores, proporcionando beneficios 401(k) a más de 70,000 empleados. La investigación de Mercer indica que la seguridad financiera a largo plazo sigue siendo una de las principales preocupaciones de los empleados estadounidenses, siendo los beneficios de jubilación un factor clave en la retención de empleados.

El Employee Benefits Research Institute estima un déficit de 3.27 billones de dólares en ahorros para la jubilación para los hogares de EE. UU. en 2022. Mercer Wise busca abordar esta brecha ofreciendo beneficios competitivos de bienestar financiero y mejorando la cobertura de los planes de jubilación mientras reduce potencialmente costos y tarifas.

머서(Mercer)는 마쉬 맥레넌(Marsh McLennan) 산하 기업(NYSE: MMC)으로, 머서 와이즈 401(k)와 머서 와이즈 풀드 고용주 계획(PEP)미국 계획 자산 총액 36억 달러를 달성했다고 발표했습니다. 2017년과 2021년에 각각 출시된 이러한 아웃소싱 퇴직 계획 솔루션은 참가자 결과를 개선하고 계획 주최자의 관리 의무 및 수탁자 위험을 줄이는 것을 목표로 합니다.

머서 와이즈 플랫폼은 다양한 산업 분야에 걸쳐 80개의 미국 기반 고용주를 지원하며, 70,000명 이상의 직원에게 401(k) 혜택을 제공합니다. 머서의 연구에 따르면, 장기 재정적 안정성은 미국 직원들이 가장 큰 우려 사항으로 남아 있으며, 퇴직 혜택은 직원 유지의 핵심 요소입니다.

직원 혜택 연구소(EBRI)는 2022년 미국 가정의 3.27조 달러의 퇴직 저축 부족을 추정합니다. 머서 와이즈는 경쟁력 있는 재정적 웰빙 혜택을 제공하고 퇴직 계획 범위를 개선하여 이 격차를 해소하고 잠재적으로 비용과 수수료를 줄이는 것을 목표로 합니다.

Mercer, une entreprise de Marsh McLennan (NYSE: MMC), a annoncé que ses Mercer Wise 401(k) et Mercer Wise Pooled Employer Plan (PEP) ont atteint un total combiné de 3,6 milliards de dollars d'actifs de plans aux États-Unis. Ces solutions de plan de retraite externalisées, lancées respectivement en 2017 et 2021, visent à améliorer les résultats des participants tout en réduisant les tâches administratives et le risque fiduciaire des sponsors de plans.

La plateforme Mercer Wise sert 80 employeurs basés aux États-Unis dans divers secteurs, offrant des avantages 401(k) à plus de 70 000 employés. Les recherches de Mercer indiquent que la sécurité financière à long terme reste une préoccupation majeure pour les employés américains, les avantages de retraite étant un facteur clé dans la fidélisation des employés.

L'Employee Benefits Research Institute estime un manque de 3,27 billions de dollars en épargne retraite pour les ménages américains en 2022. Mercer Wise vise à combler cette lacune en offrant des avantages financiers compétitifs et en améliorant la couverture des plans de retraite tout en réduisant potentiellement les coûts et les frais.

Mercer, ein Unternehmen von Marsh McLennan (NYSE: MMC), hat angekündigt, dass ihr Mercer Wise 401(k) und Mercer Wise Pooled Employer Plan (PEP) insgesamt 3,6 Milliarden Dollar an verwalteten US-Planvermögen erreicht haben. Diese ausgelagerten Rentenplanlösungen, die 2017 bzw. 2021 eingeführt wurden, zielen darauf ab, die Ergebnisse für die Teilnehmer zu verbessern und die administrativen Verpflichtungen und das treuhänderische Risiko der Plananbieter zu reduzieren.

Die Mercer Wise Plattform bedient 80 US-amerikanische Arbeitgeber aus verschiedenen Branchen, indem sie über 70.000 Mitarbeitern 401(k) Leistungen anbietet. Mercers Forschung zeigt, dass die langfristige finanzielle Sicherheit nach wie vor eine der wichtigsten Sorgen amerikanischer Arbeitnehmer ist, wobei Rentenleistungen ein Schlüsselfaktor für die Mitarbeiterbindung sind.

Das Employee Benefits Research Institute schätzt ein Rentenersparnisdefizit von 3,27 Billionen Dollar für US-Haushalte im Jahr 2022. Mercer Wise zielt darauf ab, diese Lücke zu schließen, indem es wettbewerbsfähige finanzielle Wellness-Leistungen anbietet und die Rentenplanabdeckung verbessert, während potenziell Kosten und Gebühren reduziert werden.

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NEW YORK--(BUSINESS WIRE)-- Mercer, a business of Marsh McLennan (NYSE: MMC) and a global leader in helping clients realize their investment objectives, shape the future of work, and enhance health and retirement outcomes for their people, today announced that its Mercer Wise 401(k) and Mercer Wise Pooled Employer Plan (PEP) have reached a combined USD $3.6 billion in US plan assets under management (AUM).1

Mercer Wise 401(k) and Mercer Wise PEP, launched in 2017 and 2021 respectively, are outsourced retirement plan solutions that seek to improve participant outcomes while reducing plan sponsors’ administrative duties and fiduciary risk.

The Mercer Wise platform has 80 US-based employers1, spanning a range of industries from technology and manufacturing to healthcare and hospitality, with employee bases of 350 to over 5,000. Together, the plans provide 401(k) benefits to more than 70,000 employees in the US.1

Mercer’s research highlights that long-term financial security, focused on the ability to retire, remains one of American employees’ top concerns, and retirement benefits are among the top three reasons employees stay with their organization.

“Pooled employer plans provide a real opportunity to build retirement security for millions of Americans that have historically not had access to an employer-sponsored plan,” said Holly Verdeyen, Mercer’s US Defined Contribution Leader.

“Through the Mercer Wise platform, we are helping employers offer competitive financial wellness benefits and improve retirement plan coverage for their employees, all while potentially reducing plan costs and participant fees that allow employees to save more over time,” Ms. Verdeyen said.

The Employee Benefits Research Institute’s Retirement Security Projection Model estimates that the retirement savings shortfall for US households is $3.27 trillion in 2022 dollars. As people live longer than prior generations, interventions are needed to help Americans bridge the retirement savings gap. Employers can play an important role in helping Americans plan for retirement by providing access to quality financial savings and insurance vehicles.

Empower, which serves as the recordkeeper for the Mercer Wise 401(k) and Mercer Wise PEP plans, recently conducted a study, “Time is Money,” which found that half of Americans think they are running out of time to save for retirement. Additionally, only 22% of Americans are keeping track of their ability to retire and nearly half (48%) worry about how they’ll pay for expenses once they are no longer working.

“People who have access to workplace plans tend to start investing for retirement earlier and save more. This puts them in a better position to replace their pre-retirement income,” said Joseph Smolen, Empower’s Executive Vice President for Core and Institutional Markets. “With Americans living longer than ever before, employer-sponsored retirement plans are a critical component of helping millions of Americans prepare for retirement.”

For more information on the Mercer Wise offerings, click here.

About Mercer

Mercer, a business of Marsh McLennan (NYSE: MMC), is a global leader in helping clients realize their investment objectives, shape the future of work, and enhance health and retirement outcomes for their people. Marsh McLennan is a global leader in risk, strategy, and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $23 billion and more than 85,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit mercer.com, or follow on LinkedIn and X.

__________________________
1 As of June 30, 2024

Media contact:

Salina Pellios

Mercer

+1 332 284 4154

Salina.pellios@mmc.com

Source: Mercer

FAQ

How much in US plan assets does Mercer Wise 401(k) and PEP manage?

Mercer Wise 401(k) and Mercer Wise Pooled Employer Plan (PEP) have reached a combined $3.6 billion in US plan assets under management.

When were the Mercer Wise 401(k) and PEP launched?

The Mercer Wise 401(k) was launched in 2017, and the Mercer Wise Pooled Employer Plan (PEP) was launched in 2021.

How many US-based employers does the Mercer Wise platform serve?

The Mercer Wise platform serves 80 US-based employers across various industries.

How many employees receive 401(k) benefits through Mercer Wise plans?

Mercer Wise plans provide 401(k) benefits to more than 70,000 employees in the US.

What is the estimated retirement savings shortfall for US households in 2022?

The Employee Benefits Research Institute estimates a $3.27 trillion retirement savings shortfall for US households in 2022.

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