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Rating:PSCA Eligibility Survey Not Rated 3.0 Email Routing List Email & Route  Print Print
Monday, January 28, 2002

PSCA Eligibility Survey

Reported by InvestmentWires Staff, 

Immediate eligibility is now a feature of a significant proportion of 401(k) plans, says the PSCA. Fully 37 percent of plans now offer immediate eligibility found the "401(k) and Profit Sharing Plan Eligibility Survey 2001" a new mini-survey. Just more than half of plans (55 percent) offer eligibility after three months and another 26 percent set one year as a standard. The survey is online at www.psca.org/pdfs/elig2001.asp.

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According to Reuters, Federated Investors is merging the assets from two funds -- Federated Kaufmann Small Cap Fund and Federated Aggressive Growth Fund -- into the Federated Kaufmann Fund. The firm is taking this step because the small cap fund and the aggressive growth fund have both been performing poorly.

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Former employees of Enron have set up a website that helps them contact one another, stay informed of Enron-related events, and participate in the different lawsuits. To view this website, follow this link

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