Popular Stories

RELATED ARTICLES

    External News

    Where Do you Go for Financial Advice?

    Got News?
    If you have news of interest to plan sponsors, email us at news@plansponsor.com

    RESEARCH

    e-mail   print   reprint   share   Login to Recommend

    2010 Defined Contribution Survey

    PS1110-120-x-158_cvr.jpg Nov 13, 2010 (PLANSPONSOR.com) --

    For more than a decade, PLANSPONSOR's annual Defined Contribution Survey has been the most important industry benchmark, measuring and evaluating 401(k) and other DC providers according to feedback from their own clients. Dozens of categories are rated in service to the employer as well as participant service.


    editors@plansponsor.com

    2010 Defined Contribution Survey

    The Standard

    78 Responses (n/a of total plans)

    Respondents
    Micro  <$5MM62.8%
    Small  $5MM-$50MM37.2%
    Mid  $50MM-$200MM0.0%
    Large  $200MM-$1B0.0%
    Mega  >$1B0.0%
    Participant ServicesScoreBest In Class
    Micro  <$5MM88.2%0
    Small  $5MM-$50MM88.3%0
    Mid  $50MM-$200MM0.0%0
    Large  $200MM-$1B0.0%0
    Mega  >$1B0.0%0
    Sponsor ServicesScoreBest In Class
    Micro  <$5MM91.7%0
    Small  $5MM-$50MM91.9%3
    Mid  $50MM-$200MM0.0%0
    Large  $200MM-$1B0.0%0
    Mega  >$1B0.0%0
    Recommendation Likelihood
    Extremely Likely65.8%
    Moderately/Slightly29.0%
    Neutral3.9%
    Recommended Against1.3%
    Client Tenure
    More than seven years24.0%
    Five to seven years14.6%
    Three to five years30.7%
    Less than three years30.7%
    Respondent Metrics and Plan Design
    Average participation rate73.3%
    Clients with auto-enrollment27.0%
    Clients having written IPS69.4%
    Clients using adviser71.4%
    Top 2 Industries Represented
    1. Nonprofit Organizations14.1%
    2. Consumer Products10.3%









     

    GfJ432Hghb43dfs3dasds4at8