loan/hardship withdrawal provisions available
adviser
77.8%
73.7%
7.0%
Yes (loan provision)
Yes (hardship withdrawal provision)
No
Plan participants with outstanding loans
Average
Median
adviser
11.9%
10%
Formally review the investment options
Quarterly
Twice a year
Annually
Every 1 to 2 years
Every 2 to 3 years
Every 3+ years
Never
Other
adviser
33.6%
16.2%
36.7%
5.6%
2.4%
1.6%
2.2%
1.6%
types of investment options offered in your plan
adviser
7.6%
14.5%
14.4%
1.9%
38.5%
23.0%
21.0%
1.2%
30.6%
Employer stock
Self-directed brokerage
Real estate
Alternative Investments*
Target-date funds
Risk-based lifestyle funds
Managed accounts
E TFs
None of the above
* Hedge funds, venture capital, private equity
Participant balances in employer stock
Average
Median
adviser
17.3%
12.45%
no adviser
79.1%
75.7%
6.7%
Plans that limit amount of employee held-employer stock
adviser no adviser
27.1% 20.7%
18.0% 14.5%
Average
Median
no adviser
12.7%
10%
types of asset allocation/lifestyle/lifecycle funds offered
adviser no adviser
43.1% 49.3%
22.6% 20.2%
35.4% 32.2%
Target-date funds from one firm
Target-date funds from multiple firms
Don't know
Is your RK offering the most appropriate target-date fund?
adviser no adviser
59.7% 55.5%
4.0% 3.8%
36.3% 40.7%
no adviser
27.8%
16.1%
38.5%
5.6%
3.2%
2.6%
4.5%
1.7%
Yes
No
Yes
No
Not sure
does IPS cover target-date funds and underlying funds?
adviser no adviser
41.0% 34.3%
59.0% 65.7%
If not, are underlying funds held to same IPS standards?
adviser no adviser
78.0% 78.2%
22.0% 21.8%
no adviser
11.7%
17.5%
12.3%
1.4%
41.8%
19.9%
19.8%
0.5%
29.2%
Yes
No
Yes
No
do you evaluate each target-date fund in a series?
adviser no adviser
61.5% 59.0%
38.5% 41.0%
If so, what if one within series does not meet IPS standards?
adviser no adviser
45.0% 40.0%
55.0% 60.0%
Reject the entire series
Nothing
no adviser
23.3%
17.5%
Responsibility in managing retirement income distribution
adviser no adviser
25.2% 22.3%
74.8% 77.7%
Sponsors have responsibility
Sponsors do not have responsibility
