2021
DC Plan Benchmarking Survey

2021 Survey

2021 Survey

Geography

Recent politics might lead some sponsors to believe their plan designs need to account for regional leanings. However, many design features show only small differences in adoption when viewed on a regional basis. While common plan success measures—e.g., plan participation rates, participant deferral rates and average participant account balances—are consistent across many regions, it is worth noting that Southern states underperform their peers in these areas, which suggests that sponsors in that region may want to consider other factors when looking to improve outcomes.

Plan Participation Rate (Median Value)

All Regions
87.0%
New England
87.0%
Mid-Atlantic
88.0%
South Atlantic
81.0%
East South Central
86.0%
West South Central
85.0%
East North Central
89.0%
West North Central
91.0%
Mountain
87.5%
Pacific
84.5%
Source for regions: www.census.gov/prod/1/gen/95statab/preface.pdf

Participant Deferral Rate (Median Average Value)

All Regions
6.8%
New England
7.0%
Mid-Atlantic
7.0%
South Atlantic
6.5%
East South Central
6.4%
West South Central
6.4%
East North Central
6.9%
West North Central
6.9%
Mountain
7.0%
Pacific
7.0%
Source for regions: www.census.gov/prod/1/gen/95statab/preface.pdf

Participant Account Balance (Median Average Value)

All Regions
$79,970
New England
$84,762
Mid-Atlantic
$100,000
South Atlantic
$71,860
East South Central
$71,000
West South Central
$73,004
East North Central
$77,000
West North Central
$90,775
Mountain
$72,042
Pacific
$73,938
Source for regions: www.census.gov/prod/1/gen/95statab/preface.pdf

 

PLANSPONSOR Industry Reports 2022

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 2021
Contact Rob Reif / 212-217-6906 / robert.reif@issmediasolutions.com