This survey report examines the many ways the retirement plan landscape is changing. The first defined benefit plans-traditional pension plans-are becoming rarer every day. With numerous questions surrounding Social Security for workers of all ages, defined contribution plans such as 401(k)s are becoming the sometimes sole means for employees plans for retirement.
In addition to covering new trends, the survey poses many of the same questions we have been asking sponsors in previous surveys over the last two decades. Issues that were important to sponsors on day one-enrollment levels, contribution rates, and asset allocation-remain critically important to plan managers. Findings are broken-down by industry and by the size of plans. The report also provides comments from plan sponsors and discussion of real-life experiences to add to the mountain of numbers included.
Click here for a free sample!
This best-selling report will help you strategize and review the success of your current plan. Gain new ideas and fresh perspectives by seeing what other plan administrators are doing and how they approach the future.
With survey responses from almost 150 sponsors from both small and large organizations, Plans in Transition: 2011-2012 Annual Defined Contribution Plan Report provides new data and original analysis in key areas such as:
In many ways the retirement plan industry is thriving today. It survived the recent recession. Tens of millions of Americans are building retirement savings accounts in their defined contribution plans. The government is helping to make plans more efficient and more open.
Yet this is also a time of uncertainty. The economy is still a critical concern to most Americans. Sponsors are wary about adding certain new options and programs to their plans until they have more confidence about their finances and the economy. All of these trends-the change, the stability, and the concerns about the future-are reflected in this survey report.