PLANADVISER - January/February 2020 - 28

2020 PLANADVISER Micro Plan Survey
Re-Enrollment Actions Taken in Past 12 - 18 Months
Frequency of Formal Review of Investment Options
<$1mm
$1mm-$5mm
All Plans
All Plans
<$1mm
$1mm-$5mm
All Plans <$1mm $1mm-$5mm
l Re-enrolled employees not participating
in the plan, requiring them to opt out
again or else be enrolled
l Re-enrolled participants saving below
the default deferral rate, thus boosting
their deferral rate
l Re-enrolled participants not invested
in the default investment, meaning current/
future contributions go into the plan default
investment
l Have re-enrolled no employees/
participants
Investments
Composition of Investment Committee for the DC Plan
All Plans
Internal employees only
Employees and non-employees
No investment committee
Unsure/Don't know
External non-employees only
Unsure of composition
<$1mm $1mm-$5mm
43% 16% 25%
31% 10%
18% 54%
4% 16%
3%
1%
4%
1%
Income-Oriented Products/Services Offered
All Plans
At retirement - Systematic withdrawal option
In-plan - No guarantees
21%
41%
8%
4%
2%
19% 13% 13%
l Quarterly
l Twice a year
l Annually
11% 6%
5%
l Every 1 to 2 years
l Every >2 years
5% 3%
7%
l Unsure/Don't know
Types of Investment Options Offered
75% 81%
79%
Target-date funds
Balanced fund(s)
Money market fund
Stable value fund
Target-risk funds-e.g., growth, conservative
Professionally managed account service
Real estate/REITs9
Environmental, social and governance (ESG)
Sector funds
Cmdty funds-i.e., gold/precious metals, oil
Employer stock
Alternatives-e.g., hedge funds, private equity
Investment Vehicles Used in DC Plan
<$1mm $1mm-$5mm
In-plan - Professional managed account service 24% 13%
10% 10%
In plan - Guaranteed monthly income
Out-of-plan - Annuity purchase
No income-oriented products
9%
5%
44% 28% 29%
18%
9%
8%
3%
9%
4%
48% 65%
63%
Mutual funds
Self-directed brokerage window
Separate accounts
Collective investment trusts (CITs)
ETFs10
Mutual fund window
-Outside of brokerage windows
All Plans
<$1mm $1mm-$5mm
93% 87% 90%
23% 16%
20% 20% 20%
19% 15%
10% 11%
5%
6%
13%
6%
All Plans
<$1mm $1mm-$5mm
81% 59% 76%
66% 53%
57% 43%
68%
57%
57% 24% 37%
41% 39% 52%
31% 20% 27%
27% 14%
11% 6%
11% 8%
7%
6%
5%
21%
9%
3%
1%
6%
10%
6%
1%
5%
All Plans
<$1mm $1mm-$5mm
41% 19% 20%
16% 5%
4%
3%
14%
30% 42% 43%
3%
3%
4%
4%
8% 28% 16%
14%
9%
28 | planadviser.com January-February 2020

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PLANADVISER - January/February 2020

Table of Contents for the Digital Edition of PLANADVISER - January/February 2020

Ever Vigilant
Advisers Shine Light on CSR at Work
2020 PLANADVISER Micro Plan Survey
Building Better Engagement
Sharing Ownership
In Touch
Make It Last
Men as Advocates
MEPs and PEPs
Aset Allocation Models
PLANADVISER - January/February 2020 - Cover1
PLANADVISER - January/February 2020 - Cover2
PLANADVISER - January/February 2020 - 1
PLANADVISER - January/February 2020 - 2
PLANADVISER - January/February 2020 - 3
PLANADVISER - January/February 2020 - 4
PLANADVISER - January/February 2020 - 5
PLANADVISER - January/February 2020 - 6
PLANADVISER - January/February 2020 - 7
PLANADVISER - January/February 2020 - 8
PLANADVISER - January/February 2020 - 9
PLANADVISER - January/February 2020 - 10
PLANADVISER - January/February 2020 - 11
PLANADVISER - January/February 2020 - 12
PLANADVISER - January/February 2020 - 13
PLANADVISER - January/February 2020 - 14
PLANADVISER - January/February 2020 - 15
PLANADVISER - January/February 2020 - Ever Vigilant
PLANADVISER - January/February 2020 - 17
PLANADVISER - January/February 2020 - 18
PLANADVISER - January/February 2020 - 19
PLANADVISER - January/February 2020 - Advisers Shine Light on CSR at Work
PLANADVISER - January/February 2020 - 21
PLANADVISER - January/February 2020 - 22
PLANADVISER - January/February 2020 - 23
PLANADVISER - January/February 2020 - 2020 PLANADVISER Micro Plan Survey
PLANADVISER - January/February 2020 - 25
PLANADVISER - January/February 2020 - 26
PLANADVISER - January/February 2020 - 27
PLANADVISER - January/February 2020 - 28
PLANADVISER - January/February 2020 - 29
PLANADVISER - January/February 2020 - 30
PLANADVISER - January/February 2020 - 31
PLANADVISER - January/February 2020 - Building Better Engagement
PLANADVISER - January/February 2020 - 33
PLANADVISER - January/February 2020 - 34
PLANADVISER - January/February 2020 - 35
PLANADVISER - January/February 2020 - Sharing Ownership
PLANADVISER - January/February 2020 - 37
PLANADVISER - January/February 2020 - In Touch
PLANADVISER - January/February 2020 - 39
PLANADVISER - January/February 2020 - Make It Last
PLANADVISER - January/February 2020 - 41
PLANADVISER - January/February 2020 - 42
PLANADVISER - January/February 2020 - 43
PLANADVISER - January/February 2020 - Men as Advocates
PLANADVISER - January/February 2020 - 45
PLANADVISER - January/February 2020 - MEPs and PEPs
PLANADVISER - January/February 2020 - Aset Allocation Models
PLANADVISER - January/February 2020 - 48
PLANADVISER - January/February 2020 - Cover3
PLANADVISER - January/February 2020 - Cover4
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