Defined Contribution (DC) plan sponsors play a significant role in shaping the retirement outcomes of American workers. With the continued decline in defined pension benefits, workers are increasingly dependent on the defined contribution system for a significant portion of their retirement savings. As this shift continues, so does the need for the DC system to evolve.
Our third bi-annual survey explores DC plan sponsors’ visions and progress towards realizing better outcomes for plan participants. Greenwald Associates polled 302 retirement plan decision-makers online in September and October of 2024. Respondents included decision-makers for DC plans with at least $10 million in assets. The findings were weighted by plan asset size, using data from a BrightScope/ICI 2021 report.
Our survey findings will be published in a four-part series.
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