SURVEY |

2025
3(38) Investment Manager Survey

Reported by PLANSPONSOR | Art by Cara Wang
3(38) Satisfaction and Impact
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3(38) Satisfaction and Impact

Satisfaction With 3(38) Provider

Very satisfied
77.0%
Somewhat satisfied
19.7%
Neutral
3.3%
Somewhat dissatisfied
0.0%
Very dissatisfied
0.0%

Plan’s Investment Performance With 3(38) Fiduciary

Significantly improved
33.3%
Slightly improved
40.0%
No noticeable change
23.3%
Slightly worsened
3.3%
Significantly worsened
0.0%

Plan’s Investment Menu With 3(38) Fiduciary

Significantly increased number of options
16.9%
Slightly increased number of options
28.8%
No noticeable change
37.3%
Slightly decreased number of options
15.3%
Significantly decreased number of options
1.7%

3(38) Fiduciary's Effect on Administrative Burden

Significantly reduced
36.7%
Slightly reduced
40.0%
No noticeable change
21.7%
Slightly increased
1.7%
Significantly increased
0.0%