2020
DC Survey: Plan Benchmarking
2020 Survey
Default Deferral Rate
Many factors influence participant outcomes, but savings rates are often viewed as one of the best measures of long-term success—participants who save more stand to accumulate more over time. Because of this, it is encouraging to see that automatic enrollment continues to push savings rates higher: The percentage of defined contribution plans with a default deferral rate over 3%, a common benchmark, reached 52% this year—an all-time high. Not surprisingly, higher default deferral rates are also correlated with higher average overall participant deferral rates.
Default Deferral Rate
Unique defined contribution (DC) benchmarking tools based on feedback from roughly 3,000 employers
PLANSPONSOR Industry Reports in a nutshell:
- 65+ pages in PDF format
- Cover DC plans in 50 different industries
- Compare client plans to others in the same industry and asset class, and overall
- Available with your firm's branding or logo on every page
- Distributable to sales staff or adviser network; post on your client site behind registration
Availability: December 2020
Download more information here.
Contact Rob Reif / 212-217-6906 / robert.reif@issmediasolutions.com
