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Hewitt Associates reports slight rise in net income

Posted on February 1, 2010 5:21 p.m. CENTRAL

LINCOLNSHIRE, Ill.—Hewitt Associates Inc. on Monday reported slightly higher net income and flat revenues for the first quarter of its 2010 fiscal year, ended Dec. 31, 2009. »

Most large firms to boost pension contributions: Survey

Posted on December 10, 2009 3:09 p.m. CENTRAL

Eighty-three percent of 153 large U.S. companies with defined benefit pension plans surveyed by Hewitt Associates Inc. say they expect to make additional contributions to their pension plans, with 11% of those contributing saying those contributions will have “a significant impact on their... »

Service requirements for joining 401(k) easing: Survey

Posted on November 4, 2009 9:09 a.m. CENTRAL

Employers are improving access to their 401(k) plans, according to a survey released Wednesday. »

401(k) plan cash-outs linked to age: Study

Posted on October 28, 2009 11:34 a.m. CENTRAL

The likelihood of employees taking a cash distribution from their 401(k) plans when leaving their jobs, rather than keeping the money in the plan or rolling it over to an individual retirement account or a new employer’s retirement plan, is directly related to a worker’s age, according... »

Group health plan costs rise 6% in 2009: Study

Posted on September 29, 2009 3:18 p.m. CENTRAL

Group health care plan costs rose 6% this year, the same rate as last year, according to an analysis released Tuesday. »

Race, ethnicity affect 401(k) participation: Study

Posted on July 7, 2009 3:46 p.m. CENTRAL

White and Asian employees, regardless of pay, are far more likely to participate in 401(k) plans and to make bigger plan contributions than African-American and Hispanic employees, according to a study released Tuesday. »

Alison Borland

Issue of December 1, 2008

Retirement Outsourcing Strategy Leader »

Average health coverage cost increases up slightly

Posted on September 22, 2008 12:39 p.m. CENTRAL

Group health care cost increases are up from last year but remain much lower than those of a few years ago, research shows. »

Hewitt names consulting execs

Posted on July 29, 2008 12:26 p.m. CENTRAL

LINCOLNSHIRE, Ill.—Hewitt Associates Inc. has named Eric Fiedler and Yvan Legris as co-presidents of its consulting business. »

Hewitt predicts double-digit HMO premium hikes

Posted on July 15, 2008 2:50 p.m. CENTRAL

Health maintenance organization premium rates will increase by an average of 11.8% nationally in 2009, preliminary data from Lincolnshire, Ill.-based Hewitt Associates Inc. shows. »

Hewitt to buy absence management provider

Posted on April 29, 2008 12:19 p.m. CENTRAL

LINCOLNSHIRE, Ill.--Hewitt Associates Inc. is acquiring Deerfield, Ill.-based LCG, an employee absence management service provider. »

Hewitt, Enron Creditors agree to $11.2M settlement

Posted on March 14, 2008 2:28 p.m. CENTRAL

WASHINGTON--More than $11 million will be restored to the settlement fund for former Enron Corp. employees who lost their retirement savings when the company collapsed, the Department of Labor said. »

401(k) automatic enrollment grows: Study

Posted on March 3, 2008 2:45 p.m. CENTRAL

The number of employers offering a 401(k) plan automatic enrollment feature continues to grow, with 44% of employers now doing so, up from 36% in 2007, a study shows. »

DOL wants Hewitt to add funds to Enron ESOP fund

Posted on February 7, 2008 4:46 p.m. CENTRAL

WASHINGTON—The U.S. Labor Department is asking a federal district court in Houston to hold consultant Hewitt Associates Inc. in civil contempt for failing to comply with a court-approved allocation formula for payments to participants in now-defunct Enron Corp.'s Employee Stock Ownership Plan. »

Hewitt reports sharp rise in revenues, profits

Posted on February 5, 2008 1:50 p.m. CENTRAL

LINCOLNSHIRE, Ill.--Aided by strong growth in its consulting business, Hewitt Associates Inc. reported sharply higher net revenues and income for the first quarter of its 2008 fiscal year. »

Private equity firm to buy Hewitt's software unit

Posted on January 16, 2008 1:33 p.m. CENTRAL

LINCOLNSHIRE, Ill.--Hewitt Associates Inc. is selling its Cyborg payroll and human resources software services unit to Vista Equity Partners L.L.C., a San Francisco-based private-equity firm. »

Employers ease company stock requirements: Survey

Posted on October 29, 2007 1:44 p.m. CENTRAL

Going well beyond what federal law requires, most U.S. employers now allow 401(k) plan participants to immediately divest matching contributions made in company stock, according to a survey released Monday. »

Health plan cost hikes slowing: Survey

Posted on September 24, 2007 1:31 p.m. CENTRAL

Adding to evidence that group health plan cost increases are easing, new research shows that such costs rose an average 5.3% this year to $7,982 per employee, according to Hewitt Associates Inc. »

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