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

Loans

The percentage of plans offering loans continues to hover around 80%, though 2019 saw the highest reported value (83%) for plan loans in the past six years. Instead of eliminating loans, sponsors often put up guardrails designed to limit the potential negative outcomes that can arise. For example, the majority of plans (57%) allow participants to have only one outstanding loan at a time, while over one-third of plans (35%) now allow separated participants to pay off loans after they leave, a feature that may reduce the risk of default if the loan cannot be repaid at separation.


Loan Provision Offered

2014
79%
2015
81%
2016
79%
2017
79%
2018
80%
2019
83%

Allows Post-Seperation Loan Repayment

  • Yes
  • No, but considering
  • No, not considering

Maximum Number of Loans Allowed

  • 1
  • 2
  • 3
  • 4 or more