WHO WE SURVEYED
Sharpening focus on retirement outcomes
A shifting philosophy
A shift is taking place among plan sponsors in their view point on driving participant decisions. Now, more say they focus on proactively placing participants on a solid saving and investing path (vs. having participants make their own choices).
Taking steps to strengthen plansPlan sponsors are taking advantage of innovative design features and investment vehicles to strengthen their DC plans. This is solid progress, but room for even broader implementation exists.
Persistent misperceptions on fiduciary roleDespite many positive trends identified in this year’s survey, one measure remains unchanged from 2015 – many plan sponsors are not aware of their fiduciary status.
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