2019
DC Survey: Plan Benchmarking

Data Sweep: Our latest findings on DC plans—for benchmarking a plan against its peers or just gleaning some new solutions

2019 Survey

Sponsor Sentiment

Sponsors’ confidence in the impact of their retirement benefits continues to grow. More than 35% of sponsors now “strongly” or “moderately” agree that employees will reach their retirement goals by age 65, while 92% feel they have a responsibility to improve employee financial wellness. Sponsors are more split as to the best way to deal with separated employees. While 41% of respondents admitted to having no preference on the topic, the remainder almost evenly divided over whether such balances should be retained in-plan (31%) or rolled out of the plan (27%).


Employees Will Reach Retirement Goals by Age 65

Agree strongly
9%
Agree moderately
28%
Agree slightly
32%
Disagree slightly
16%
Disagree moderately
10%
Disagree strongly
5%

Company Has Responsibility to Improve Employee ‘Financial Wellness’

Agree strongly
32%
Agree moderately
35
Agree slightly
26%
Disagree slightly
4%
Disagree moderately
3%
Disagree strongly
1%

Organization’s Preference for Retired/Separated Employees With Material Account Balance

  • Actively campaigns to keep assets in plan
  • Prefers assets stay in plan but does not encourage it
  • Prefers assets roll out of plan at separation
  • No preference