Education
The Impact of Adding an Automatically Enrolled Loan Protection Program to 401(k) Plans: This EBRI Issue Brief outlines the impact of adding an automatically enrolled loan protection program to 401(k) plans. (February 2022)
What 401(k) borrowers can add to the loan conversation. This study by Greenwald & Associates uncovers employees concerns about repayment of their retirement loan and interest in a better safety net. (2019)
Loan Leakage: 401(k) defaults drain over $2 trillion. This Deloitte study unveils the lost retirement security over the next 10 years resulting from loan default. (2018)
Participant Loan Leakage: Protecting Participants Accounts and Reducing Fiduciary Risks. This report by ERISA law firm Drinker Biddle & Reath discusses the potential financial and fiduciary issues caused by retirement plan loan defaults. (2019)
Tools and Resources
Loan Portfolio Due Diligence Worksheet: Use this tool to help your clients evaluate the health of their loan portfolio.
Introductory flyer. To share with clients or participants
Prevent retirement loan defaults and improve outcomes. Brief introduction to retirement loan protection solution
Hiding in Plain Sight. The $2.5 Trillion Loan Default Problem. This short video summarized the loan default problem and how Custodia Financial works to alleviate it.
