DC Trends
Understanding what other plan sponsors are doing can help you identify best practices for your DC plan and uncover potential solutions for meeting the specific needs of your plan and your employees.
Did you know?
- 57% of plans feature auto-enrollment. This is projected to grow to 70% by December 31, 2011.1
- Following the financial crisis, 55% of plan sponsors who suspended the company match plan chose to reinstate a partial or full match.2
- 70% of plan sponsors are offering target date funds with almost one-third of 401(k) contributions going into these funds.3
- Reviewing plan costs is a top priority for plan sponsors in 2011.4 Nearly 75% of plan sponsors said they plan to review their DC fund operations, fees and revenue sharing.5
- Over 66% of plan sponsors admit a growing awareness of the generational segments in their workforce and the communication challenges that result from those generational gaps (up from 37% in 2009).6
To learn more about trends that may impact your DC plan, download our most recent update.
Fully understand trends.