| | Editor’s Note | | Today, we bring you a special edition of
NewsDash, highlighting findings of our 2015 Defined Contribution Survey. | | | PLANSPONSOR 2015 DC Survey Insights | | Insights: Happily Ever After | | Our 2015 Defined Contribution (DC) Survey of
plan sponsors shows more sponsors say they formally evaluate their provider
annually, up to 64% from 30% in 2010—experts generally suggest every three
years or so is sufficient. We’ve also seen a continued trend of long-tenured
relationships with recordkeepers; 48% of plan sponsors have spent seven years
or more with their providers. Some naysayers have suggested that these two data
points are at odds—in other words, if plan sponsors really are reviewing their
providers regularly, tenures should start to shorten. I don’t agree. In fact, I
think there may be reasons that more frequent benchmarking can lead to longer
provider tenures.Read more > |
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