Small Defined Contribution Plan Market

About two-thirds of small plan sponsors use an advisor or consultant in purchasing plan services while another one-third deal directly with a provider. The economic uncertainties and market challenges since 2008 have impacted the small plan segment the most. As a result, their expectations with regards to investment performance, plan cost and service quality have shifted monumentally. 

The Small Defined Contribution Plan Market  presents the results of research conducted with in 500 plan decision makers in plans with less than $1 million in assets. This study addresses these critical topics:

• The environment for plan turnover today and the expected turnover rates going forward
• The top reasons for switching providers
• The state of matching contributions
• The top communications’ objectives of small market plan sponsors
• How sponsors intend to change their plans
• Expectations of advisors and plan providers
• The impact of open-architecture investment platforms on small plans

This report transforms Spectrem research to deliver meaning and utility to you through actionable recommendations including how to best retain your current customers while meeting the market needs of your best prospects. The additional context and insight we provide will help you make strategic business decisions as you respond to the implications of legislative changes and the fluctuating economy on the needs of plan sponsors.    $4,500