The study, in the June 2010 EBRI Issue Brief, examines health savings accounts and health reimbursement arrangements assets, account balances
, and rollovers from 2006 to 2009.
The plan allocates its administrative expenses among employees' accounts based on the ratio of each account balance
to total account balances
Allowing unaudited account balances
(or ratios) to unduly influence expectations of what current balances should be.
The proposed regulations also require that participants with small account balances
be offered "look-through investment vehicles," such as pooled-investment vehicles and Mutual funds, so they can achieve adequate diversification within asset classes.
DALLAS & DUBLIN, Ireland -- Trintech Group Plc (Nasdaq:TTPA), a leading provider of transaction reconciliation and payment infrastructure solutions, today announced that Driehaus Capital Management has selected Trintech's ReconNET to automate the verification and reconciliation of its cash activity, cash account balances
, trade activity, position balances, and foreign exchange trade activity.
The EBRI/ICI 401(k) database, the largest of its kind, showed that average account balances
rose to $91,042 at year-end 2004 from $67,016 at year-end 1999 for those who maintained accounts for the entire period.
The plan provides that, on a termination or partial termination of the plan, all affected participants will vest 100% in their account balances
The money is paid first to outside creditors and then to other partners with positive capital account balances
Payment of all claims from a plan member's FSA, HRA or HSA account is handled automatically, with account balances
The change in a participant's balance is the result of three factors: new contributions by the participant and the employer; total investment return on account balances
, which depends on the performance of financial markets and the allocation of assets in the individual's account; and withdrawals, borrowing, and loan repayments.
An annual distribution amount for 2001 is calculated by amortizing the aggregated account balances
of IRAs 1, 2 and 3 as of Dec.
Because they receive periodic statements of their account balances
, participants more easily see and more readily understand these amounts.