This study was conducted to understand how the plan sponsors are delivering the retirement plans and to gauge the insights on plan design, investments, and in-plan retirement income options.

Research Advisory

This study was conducted for the plan sponsors and DC plan participants on the current state of defined contribution. Before conducting this study some secondary research was done to understand the requirements of the plan participant and how the plan sponsors are delivering the services.

Survey & Analysis

Survey Responses

Percent USA Responses

Methodology

Telephonic Interview
Telephonic Interview
Online Survey
Online Survey

Key Takeaways

93% of the plan sponsors strongly agree that their role in building the overall financial well-being of their employees extends beyond preparing them for retirement.

77% of the plan sponsors prefer investments offering downside protection over investments that seek to outperform the market.

79% of the plan sponsor say that an actively managed target-date fund could reduce the impact of volatility for participants.

56% of the plan participant would save more if their plan provided more education on retirement planning and savings.

62% of the plan participant would save more if their plan offered digital tools that could clearly tell them whether they were on track.