{"success":true,"data":{"pressRelease":{"id":"175419","rtpr_id":"nGNX7yGv0f-20261021","ticker":"PBEE","exchange":"LSE","all_tickers":["PBEE"],"title":"68% of left-behind 401(k)s that land in ‘Junk IRAs’ shrink after one year","author":"Globe Newswire","published_at":"2026-10-21T12:00:01.011Z","article_body":"NEW YORK, Oct. 21, 2026 (GLOBE NEWSWIRE) -- Workers who leave a job with less\nthan $7,000 in their 401(k) may have their savings moved into an account they\nnever chose. New research from PensionBee\n(https://www.globenewswire.com/Tracker?data=UkwUY1pqlEjUVpOql842u0BK-nXWU06iqaQvrdRPriJ3ShUBtWWOq2GsyPQ9_HuPU5ainqxUuf6FeXzrQrL3EIr4mt0CXKhP9EPxGWO-gEuaJebhABGeVUxqYc-JSAM-dFDxKNlrxUC4m1YaGoNYz_qo9_hZWTOR0lpihjzduwIp4y4nolSGe6vAoFYG0x175N3f24n33vlhrfI-ZFpKN2twmR3SDMlqoKOhwygNoEpCUC8_oH5DO84GuGfu0t7N),\na leading retirement savings provider, shows most of these accounts start\nlosing value right away.\n\nThe new white paper, “How Automatic Rollover IRAs Can Wear Down Retirement\nSavings\n(https://www.globenewswire.com/Tracker?data=FQPXSO3KwT2AfahSfep9bpQvPHlUtYNq3NEB_2WpACV62GxxabDe7fuiASOHs-oWD-r7XrcOG1Z9O1VW2kTP1xIsr7-ByXGAZAUXuRV4Zv6jxneNdzRyyKlLVhwXN-gXmvmsbA-qlSiVrHZy0a-DeGbI1P8SDj6mdrN-jUQ1KmCMv5IHNfjJhweyOh22SW3fK5RqqiEaON-CKtpWu2NtIEx89igRp32hnJ0MzxTkzJp6Pr4QsJzyTFETyvS8AibI_4923goe_vKspNNYvnPOZjKzSy0gCpV_U0GA1WSPkT8=),”\nreveals that 68% of Automatic Rollover IRAs lose value after one year. Of\naccounts still there after eight years, four in ten (39%) are worth less than\nwhen they arrived.\n\nAutomatic Rollover IRAs, also called Safe Harbor IRAs, exist to protect small\n401(k) balances that workers leave behind when they change jobs. If a balance\nis between $1,000 and $7,000, a former employer can move it out of the company\n401(k) plan and into an Automatic Rollover IRA without the worker’s consent.\n The Employee Benefit Research Institute (EBRI) estimates that approximately\none-third of workplace retirement balances are under $7,000 at any given time\n(https://www.globenewswire.com/Tracker?data=SO3ENcaq0wgrkkcDth9g2McvFzN5y127APfpCa32lnw12M7kAAmu9a4R_jEH55C6CZjkSuypI2EZXy3tmGqBdX0wARWLniUDn1O97ncGkeN8f_wLOJsTWPIt4EWad-uquIq0YOufb8fHFlnt493YtlP78kCwwcQ6kIfp93I1dcOhbcjkZ2Rz1tUmgAv1JcqJmVtOQswbwGkKW8NcAGil5A==).\n\n“If you contribute to a retirement account, it should still be there when\nyou go looking for it,” said Romi Savova, CEO of PensionBee. “Millions of\nAmericans have small 401(k)s sitting with old employers, and most have no idea\nthat money can be moved into an account that slowly drains their savings.\nThese accounts should be invested for the long term, like the 401(k)s they\ncame from. The best protection is to find your old accounts and keep them\nunder your control.”\n\nThe findings suggest opening fees as high as $100 are a key reason for early\nlosses in Automatic Rollover IRAs. A $100 opening fee, plus a $5 monthly\nmaintenance charge, adds up to $160 in the first year. On a $1,200 balance,\nthat is 13% of the account gone before it can earn anything back.\n\nBuilt to be temporary, many accounts stay for years\n\nAutomatic Rollover IRAs were designed as a short-term home for balances until\nformer employees claim them. In practice, accounts remain for years:\n* 87% of accounts remain after one year\n* 75% of accounts remain after three years\n* 52% of accounts remain after eight years\nIn the meantime, most accounts sit almost entirely in cash-like investments\nearning 0.5% to 2% interest a year, which may not be enough to keep up with\nthe account’s fees. In contrast, a standard 401(k) can return a historical\naverage of 5% to 8%.\n(https://www.globenewswire.com/Tracker?data=7myGxHj2HQh05pM2vJXyYF90KifDjx46D8BReVBCjtgTMdrgFmtyaI17nwdOL4P_q5QKLjO117kJvu5XdOiVDpYl1tCY0sOeH2qYeY-zY3V4_fckmc8Fm_Usw7vrCD0Sd1nbeHGPGM2S0UZFbLfzQe30PNucC51uZHmUkdw_ZIvHxtoVupA_ODFLT_XjDhAqHo0iF-u4WG9HKGBtcPs1w6jpeyLJVbwD4-MurAtSw2g=)\n\nWhile retirement accounts are expected to grow over time, many Automatic\nRollover IRAs sustain significant losses. EBRI’s data suggests the longer\nbalances linger, the more likely they are to lose a substantial portion of\ntheir original value.\n\nShare of accounts that lost value, year one vs. year eight:\n* Lost 25% or more: 4.6% in year one to 11.3% by year eight\n* Lost 50% or more: 2.8% in year one to 8.2% by year eight\n* Lost 75% or more: 1.8% in year one to 6.1% by year eight\nEarlier research by PensionBee\n(https://www.globenewswire.com/Tracker?data=gkwxH69MFNIjv1KkvDFYgvYkHwInWMqtdnZQYrVc_GmudYDMf9ZFAoUs7y287ubosRFPLFXNBo70EfDBnAOIs1uJ4V3rGPxGHflp60CKmHzhFAVjH8FJvKcv-GOO_zacKVNTBktyy8yIY_hVvjttmKI-U5KCVF1I6m-NFpyNYVelF--XfeHUPzgw8riO--ho)\ndocumented how this combination can deplete smaller accounts entirely to $0.\nUnder one widely used provider’s published fees, a $1,000 account earning 1%\nwould be charged down to $0 in about 29 years, less than the average working\nlife of around 40 years.\n(https://www.globenewswire.com/Tracker?data=avTNlVF1YsmXfvGZuhyKlnfiR3yMOYdIb5_gqS473mVNWVMLgpYeL9zLYMAkKbCRx5ybeURpa0i_Dz2cO2Oxa9bAENsgNskXTrzqFjj9TtyyGNhFFZMhpvn8TObGoo2-l0mp17lb0_v3ySS6JY_x4_oEEl9RDVR5gxvYgwD0ffmqApXbg7zH7NV2lJmco9mftIbGxJKWLirnEgHp5vv7HY3EXlNY2xgeyRbObxKauepb_0NSr8mozmIzrlluHAXC)\n\nYounger workers, who change jobs most often, are especially exposed. Most\nAutomatic Rollover IRA owners are 44 or younger.\n\nHow to tell if your old 401(k) was moved\n\nYou may have money in an Automatic Rollover IRA if any of these apply to you:\n* You left a job in the last 10 years without moving your 401(k).\n* Your balance was under $7,000 when you left.\n* You have changed your address or email since then.\n* You got mail from an IRA provider you don’t recognize, or never heard\nanything at all.\nTo track down an old account, contact your former employer’s HR team or plan\nadministrator. They chose the IRA provider and can tell you where your money\nwent. The U.S. Department of Labor’s Retirement Savings Lost and Found\ndatabase and your state’s unclaimed property office can also help. Once you\nfind an account, you can move it into your current 401(k) or an IRA you\nchoose.\n\nMany savers never learn their money was moved into an Automatic Rollover IRA.\nPrevious PensionBee research\n(https://www.globenewswire.com/Tracker?data=NA2bWTbs_19NT5LmxBlOJqrLsxLOcquI_RPiUz25i8h7WcDLOuTO4a4R5ER-e-pIxwuJOQZ5zp08zpmf22QjT6qC6GhkeEwK77njtMuCOVCSdCuDe3Qmeuwnao-lM_0VQmnOMsbMhoX5Lpz3Q0M44IZg7MhRmXRjpVpyJCEZ090=)\nfound only 35% of people with a left-behind 401(k) know it can be moved\nwithout their consent.\n\nAnnual automatic rollovers are projected to double from 1.1 million in 2022 to\n2.2 million by 2030. By then, an estimated 13 million accounts holding $43\nbillion may sit in Automatic Rollover IRAs.\n\nAbout the Research\nThe white paper, “How Automatic Rollover IRAs Can Wear Down Retirement\nSavings,” draws on account-level data provided by EBRI combined with\nPensionBee's proprietary analysis of market practices and account performance\ntrajectories. All recommendations are those of PensionBee. EBRI was involved\nonly in the analysis of the IRA data, not in the formulation of any\nrecommendations.\n\nFor more information on the methodology or to read the white paper, please\nvisit the link here\n(https://www.globenewswire.com/Tracker?data=qhbN6Qi0L7WnIjXTZFhhpegQxb9b06mhWoA_rwS979G-x3d9YUiY_NZj62_DfLAvJdsrtpYbG-QOHcDAtB8f2y_PeWfBYw5q8xPjyMIualeTo7YUejpfDc-Ls2iQLxWE1EJFysGHJirJkcim0SktScPSUmXK1wPh81msD9XGhTc3Kz_a-Ra1T1UpzcKtgI458GKR4cG3vJ-ynCnxOGQbpA==).\n\nAbout PensionBee\n\nPensionBee (LON:PBEE; OTCQX:PBNYF) is a leading retirement savings provider,\nhelping people easily consolidate, manage, and take control of their\nretirement savings. The company manages over $11 billion in assets and serves\nnearly 330,000 customers globally, with a focus on simplicity, transparency,\nand accessibility. PensionBee offers Traditional, Roth, SEP, and Automatic\nRollover IRAs with ETF-backed portfolios. PensionBee is publicly traded on the\nLondon Stock Exchange (PBEE) with U.S. shares available on OTCQX (PBNYF).\n\nNotes:\nThe information provided in this announcement, including any projections for\ninvestment returns and future performance, is for informational and\neducational purposes only and should not be considered investment advice. Past\nperformance is not indicative of future results. All investments carry risk,\nincluding the potential loss of principal. PensionBee is not liable for any\nlosses or damages arising from the use of this information. Projections and\nforecasts are based on assumptions and current market conditions, which are\nsubject to change.\n\nMedia Contact:\nAdela McVicar\nSr. PR Manager, PensionBee\nadela.mcvicar@pensionbee.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/a72c56dd-45f9-424c-972e-537e21a7cea9)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX7yGv0f-20261021","title":"68% of left-behind 401(k)s that land in ‘Junk IRAs’ shrink after one year","author":"Globe Newswire","ticker":"PBEE","created":"2026-10-21T12:00:01.011Z","tickers":["PBEE"],"exchange":"LSE","article_body":"NEW YORK, Oct. 21, 2026 (GLOBE NEWSWIRE) -- Workers who leave a job with less\nthan $7,000 in their 401(k) may have their savings moved into an account they\nnever chose. New research from PensionBee\n(https://www.globenewswire.com/Tracker?data=UkwUY1pqlEjUVpOql842u0BK-nXWU06iqaQvrdRPriJ3ShUBtWWOq2GsyPQ9_HuPU5ainqxUuf6FeXzrQrL3EIr4mt0CXKhP9EPxGWO-gEuaJebhABGeVUxqYc-JSAM-dFDxKNlrxUC4m1YaGoNYz_qo9_hZWTOR0lpihjzduwIp4y4nolSGe6vAoFYG0x175N3f24n33vlhrfI-ZFpKN2twmR3SDMlqoKOhwygNoEpCUC8_oH5DO84GuGfu0t7N),\na leading retirement savings provider, shows most of these accounts start\nlosing value right away.\n\nThe new white paper, “How Automatic Rollover IRAs Can Wear Down Retirement\nSavings\n(https://www.globenewswire.com/Tracker?data=FQPXSO3KwT2AfahSfep9bpQvPHlUtYNq3NEB_2WpACV62GxxabDe7fuiASOHs-oWD-r7XrcOG1Z9O1VW2kTP1xIsr7-ByXGAZAUXuRV4Zv6jxneNdzRyyKlLVhwXN-gXmvmsbA-qlSiVrHZy0a-DeGbI1P8SDj6mdrN-jUQ1KmCMv5IHNfjJhweyOh22SW3fK5RqqiEaON-CKtpWu2NtIEx89igRp32hnJ0MzxTkzJp6Pr4QsJzyTFETyvS8AibI_4923goe_vKspNNYvnPOZjKzSy0gCpV_U0GA1WSPkT8=),”\nreveals that 68% of Automatic Rollover IRAs lose value after one year. Of\naccounts still there after eight years, four in ten (39%) are worth less than\nwhen they arrived.\n\nAutomatic Rollover IRAs, also called Safe Harbor IRAs, exist to protect small\n401(k) balances that workers leave behind when they change jobs. If a balance\nis between $1,000 and $7,000, a former employer can move it out of the company\n401(k) plan and into an Automatic Rollover IRA without the worker’s consent.\n The Employee Benefit Research Institute (EBRI) estimates that approximately\none-third of workplace retirement balances are under $7,000 at any given time\n(https://www.globenewswire.com/Tracker?data=SO3ENcaq0wgrkkcDth9g2McvFzN5y127APfpCa32lnw12M7kAAmu9a4R_jEH55C6CZjkSuypI2EZXy3tmGqBdX0wARWLniUDn1O97ncGkeN8f_wLOJsTWPIt4EWad-uquIq0YOufb8fHFlnt493YtlP78kCwwcQ6kIfp93I1dcOhbcjkZ2Rz1tUmgAv1JcqJmVtOQswbwGkKW8NcAGil5A==).\n\n“If you contribute to a retirement account, it should still be there when\nyou go looking for it,” said Romi Savova, CEO of PensionBee. “Millions of\nAmericans have small 401(k)s sitting with old employers, and most have no idea\nthat money can be moved into an account that slowly drains their savings.\nThese accounts should be invested for the long term, like the 401(k)s they\ncame from. The best protection is to find your old accounts and keep them\nunder your control.”\n\nThe findings suggest opening fees as high as $100 are a key reason for early\nlosses in Automatic Rollover IRAs. A $100 opening fee, plus a $5 monthly\nmaintenance charge, adds up to $160 in the first year. On a $1,200 balance,\nthat is 13% of the account gone before it can earn anything back.\n\nBuilt to be temporary, many accounts stay for years\n\nAutomatic Rollover IRAs were designed as a short-term home for balances until\nformer employees claim them. In practice, accounts remain for years:\n* 87% of accounts remain after one year\n* 75% of accounts remain after three years\n* 52% of accounts remain after eight years\nIn the meantime, most accounts sit almost entirely in cash-like investments\nearning 0.5% to 2% interest a year, which may not be enough to keep up with\nthe account’s fees. In contrast, a standard 401(k) can return a historical\naverage of 5% to 8%.\n(https://www.globenewswire.com/Tracker?data=7myGxHj2HQh05pM2vJXyYF90KifDjx46D8BReVBCjtgTMdrgFmtyaI17nwdOL4P_q5QKLjO117kJvu5XdOiVDpYl1tCY0sOeH2qYeY-zY3V4_fckmc8Fm_Usw7vrCD0Sd1nbeHGPGM2S0UZFbLfzQe30PNucC51uZHmUkdw_ZIvHxtoVupA_ODFLT_XjDhAqHo0iF-u4WG9HKGBtcPs1w6jpeyLJVbwD4-MurAtSw2g=)\n\nWhile retirement accounts are expected to grow over time, many Automatic\nRollover IRAs sustain significant losses. EBRI’s data suggests the longer\nbalances linger, the more likely they are to lose a substantial portion of\ntheir original value.\n\nShare of accounts that lost value, year one vs. year eight:\n* Lost 25% or more: 4.6% in year one to 11.3% by year eight\n* Lost 50% or more: 2.8% in year one to 8.2% by year eight\n* Lost 75% or more: 1.8% in year one to 6.1% by year eight\nEarlier research by PensionBee\n(https://www.globenewswire.com/Tracker?data=gkwxH69MFNIjv1KkvDFYgvYkHwInWMqtdnZQYrVc_GmudYDMf9ZFAoUs7y287ubosRFPLFXNBo70EfDBnAOIs1uJ4V3rGPxGHflp60CKmHzhFAVjH8FJvKcv-GOO_zacKVNTBktyy8yIY_hVvjttmKI-U5KCVF1I6m-NFpyNYVelF--XfeHUPzgw8riO--ho)\ndocumented how this combination can deplete smaller accounts entirely to $0.\nUnder one widely used provider’s published fees, a $1,000 account earning 1%\nwould be charged down to $0 in about 29 years, less than the average working\nlife of around 40 years.\n(https://www.globenewswire.com/Tracker?data=avTNlVF1YsmXfvGZuhyKlnfiR3yMOYdIb5_gqS473mVNWVMLgpYeL9zLYMAkKbCRx5ybeURpa0i_Dz2cO2Oxa9bAENsgNskXTrzqFjj9TtyyGNhFFZMhpvn8TObGoo2-l0mp17lb0_v3ySS6JY_x4_oEEl9RDVR5gxvYgwD0ffmqApXbg7zH7NV2lJmco9mftIbGxJKWLirnEgHp5vv7HY3EXlNY2xgeyRbObxKauepb_0NSr8mozmIzrlluHAXC)\n\nYounger workers, who change jobs most often, are especially exposed. Most\nAutomatic Rollover IRA owners are 44 or younger.\n\nHow to tell if your old 401(k) was moved\n\nYou may have money in an Automatic Rollover IRA if any of these apply to you:\n* You left a job in the last 10 years without moving your 401(k).\n* Your balance was under $7,000 when you left.\n* You have changed your address or email since then.\n* You got mail from an IRA provider you don’t recognize, or never heard\nanything at all.\nTo track down an old account, contact your former employer’s HR team or plan\nadministrator. They chose the IRA provider and can tell you where your money\nwent. The U.S. Department of Labor’s Retirement Savings Lost and Found\ndatabase and your state’s unclaimed property office can also help. Once you\nfind an account, you can move it into your current 401(k) or an IRA you\nchoose.\n\nMany savers never learn their money was moved into an Automatic Rollover IRA.\nPrevious PensionBee research\n(https://www.globenewswire.com/Tracker?data=NA2bWTbs_19NT5LmxBlOJqrLsxLOcquI_RPiUz25i8h7WcDLOuTO4a4R5ER-e-pIxwuJOQZ5zp08zpmf22QjT6qC6GhkeEwK77njtMuCOVCSdCuDe3Qmeuwnao-lM_0VQmnOMsbMhoX5Lpz3Q0M44IZg7MhRmXRjpVpyJCEZ090=)\nfound only 35% of people with a left-behind 401(k) know it can be moved\nwithout their consent.\n\nAnnual automatic rollovers are projected to double from 1.1 million in 2022 to\n2.2 million by 2030. By then, an estimated 13 million accounts holding $43\nbillion may sit in Automatic Rollover IRAs.\n\nAbout the Research\nThe white paper, “How Automatic Rollover IRAs Can Wear Down Retirement\nSavings,” draws on account-level data provided by EBRI combined with\nPensionBee's proprietary analysis of market practices and account performance\ntrajectories. All recommendations are those of PensionBee. EBRI was involved\nonly in the analysis of the IRA data, not in the formulation of any\nrecommendations.\n\nFor more information on the methodology or to read the white paper, please\nvisit the link here\n(https://www.globenewswire.com/Tracker?data=qhbN6Qi0L7WnIjXTZFhhpegQxb9b06mhWoA_rwS979G-x3d9YUiY_NZj62_DfLAvJdsrtpYbG-QOHcDAtB8f2y_PeWfBYw5q8xPjyMIualeTo7YUejpfDc-Ls2iQLxWE1EJFysGHJirJkcim0SktScPSUmXK1wPh81msD9XGhTc3Kz_a-Ra1T1UpzcKtgI458GKR4cG3vJ-ynCnxOGQbpA==).\n\nAbout PensionBee\n\nPensionBee (LON:PBEE; OTCQX:PBNYF) is a leading retirement savings provider,\nhelping people easily consolidate, manage, and take control of their\nretirement savings. The company manages over $11 billion in assets and serves\nnearly 330,000 customers globally, with a focus on simplicity, transparency,\nand accessibility. PensionBee offers Traditional, Roth, SEP, and Automatic\nRollover IRAs with ETF-backed portfolios. PensionBee is publicly traded on the\nLondon Stock Exchange (PBEE) with U.S. shares available on OTCQX (PBNYF).\n\nNotes:\nThe information provided in this announcement, including any projections for\ninvestment returns and future performance, is for informational and\neducational purposes only and should not be considered investment advice. Past\nperformance is not indicative of future results. All investments carry risk,\nincluding the potential loss of principal. PensionBee is not liable for any\nlosses or damages arising from the use of this information. Projections and\nforecasts are based on assumptions and current market conditions, which are\nsubject to change.\n\nMedia Contact:\nAdela McVicar\nSr. PR Manager, PensionBee\nadela.mcvicar@pensionbee.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/a72c56dd-45f9-424c-972e-537e21a7cea9)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-10-21T12:00:01.119166976Z","server_sent_at_ms":1792584001119},"received_at":"2026-10-21T12:00:01.177Z","source_url":null},"analysis":{"id":"163444","press_release_id":"175419","analysis_json":{"industry":{"label":"Capital Markets","sector":"Financials"},"redFlags":["issuer-sponsored research: conclusions and recommendations are PensionBee's own, with EBRI involved only in data analysis"],"eventType":"other","narrative":"PensionBee published a white paper finding that 68% of Automatic Rollover IRAs lose value after one year, and 39% of accounts still there after eight years are worth less than when they arrived.\n\nThe research attributes early losses to fees — up to a $100 opening fee plus $5 monthly maintenance — and to cash-like holdings earning 0.5% to 2% versus a historical 401(k) return of 5% to 8%.\n\nAnnual automatic rollovers are projected to double from 1.1 million in 2022 to 2.2 million by 2030, when an estimated 13 million accounts holding $43 billion may sit in these IRAs — a market PensionBee's consolidation platform targets.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Thought-leadership research highlighting fee erosion in automatic rollover IRAs — a demand driver for PensionBee's consolidation product rather than a market-moving disclosure."},"keyFigures":{"customDimensions":{"aum":"$11 billion","customers":"nearly 330,000","max_opening_fee":"$100","rollover_iras_2022":"1.1 million","monthly_maintenance_fee":"$5","projected_assets_by_2030":"$43 billion","projected_accounts_by_2030":"13 million","rollover_iras_2030_projected":"2.2 million","first_year_fees_on_1200_balance":"13%","pct_worth_less_after_eight_years":"39%","pct_accounts_remaining_after_one_year":"87%","pct_rollover_iras_losing_value_year_one":"68%","pct_accounts_remaining_after_eight_years":"52%","pct_accounts_remaining_after_three_years":"75%"}},"quotedText":"If you contribute to a retirement account, it should still be there when you go looking for it","namedEntities":{"people":[{"name":"Romi Savova","role":"CEO of PensionBee"},{"name":"Adela McVicar","role":"Sr. PR Manager, PensionBee"}],"products":["Automatic Rollover IRAs","Safe Harbor IRAs","Traditional IRA","Roth IRA","SEP IRA"],"companies":[{"name":"PensionBee","ticker":"PBEE","relationship":"filer/author"},{"name":"Employee Benefit Research Institute (EBRI)","relationship":"research data provider"}],"dollarAmounts":[{"amount":"$43 billion","context":"projected assets in Automatic Rollover IRAs by 2030"},{"amount":"$11 billion","context":"assets managed by PensionBee"},{"amount":"$100","context":"maximum opening fee cited for Automatic Rollover IRAs"},{"amount":"$5","context":"monthly maintenance fee cited"},{"amount":"$1,200","context":"example account balance losing 13% in first-year fees"}]},"materialImpact":{"score":1,"reasoning":"Issuer-authored research/white paper on Automatic Rollover IRAs — thought-leadership marketing rather than a financial or operational disclosure. No earnings, guidance, or capital event; indirectly supports brand positioning for PensionBee's consolidation offering."},"tickerRelevance":{"others":[{"ticker":"PBNYF","relevance":"OTCQX listing of the same issuer"}],"primary":"PBEE"},"globalImportance":12,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap foreign (LSE-listed, OTC ADR)","eventGravity":"marketing/research white paper","issuerAuthored":true,"householdBrandBoost":"low in US","retailFavoriteBoost":false}},"event_type":"other","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"PensionBee published a white paper finding that 68% of Automatic Rollover IRAs lose value after one year, and 39% of accounts still there after eight years are worth less than when they arrived.\n\nThe research attributes early losses to fees — up to a $100 opening fee plus $5 monthly maintenance — and to cash-like holdings earning 0.5% to 2% versus a historical 401(k) return of 5% to 8%.\n\nAnnual automatic rollovers are projected to double from 1.1 million in 2022 to 2.2 million by 2030, when an estimated 13 million accounts holding $43 billion may sit in these IRAs — a market PensionBee's consolidation platform targets.","key_figures":{"customDimensions":{"aum":"$11 billion","customers":"nearly 330,000","max_opening_fee":"$100","rollover_iras_2022":"1.1 million","monthly_maintenance_fee":"$5","projected_assets_by_2030":"$43 billion","projected_accounts_by_2030":"13 million","rollover_iras_2030_projected":"2.2 million","first_year_fees_on_1200_balance":"13%","pct_worth_less_after_eight_years":"39%","pct_accounts_remaining_after_one_year":"87%","pct_rollover_iras_losing_value_year_one":"68%","pct_accounts_remaining_after_eight_years":"52%","pct_accounts_remaining_after_three_years":"75%"}},"named_entities":{"people":[{"name":"Romi Savova","role":"CEO of PensionBee"},{"name":"Adela McVicar","role":"Sr. PR Manager, PensionBee"}],"products":["Automatic Rollover IRAs","Safe Harbor IRAs","Traditional IRA","Roth IRA","SEP IRA"],"companies":[{"name":"PensionBee","ticker":"PBEE","relationship":"filer/author"},{"name":"Employee Benefit Research Institute (EBRI)","relationship":"research data provider"}],"dollarAmounts":[{"amount":"$43 billion","context":"projected assets in Automatic Rollover IRAs by 2030"},{"amount":"$11 billion","context":"assets managed by PensionBee"},{"amount":"$100","context":"maximum opening fee cited for Automatic Rollover IRAs"},{"amount":"$5","context":"monthly maintenance fee cited"},{"amount":"$1,200","context":"example account balance losing 13% in first-year fees"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-21T12:00:17.066Z","global_importance":12,"audience_relevance":15,"importance_components":{"tickerTier":"small-cap foreign (LSE-listed, OTC ADR)","eventGravity":"marketing/research white paper","issuerAuthored":true,"householdBrandBoost":"low in US","retailFavoriteBoost":false}},"durationMs":7650,"modelName":"glm-5.3-flashx"}}