DEFINED CONTRIBUTION

Top DC Trends and Developments

Quarterly Defined Contribution in Review

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Overview

Our Defined Contribution in Review is designed to help CEOs, CFOs, treasurers, human resource and benefits professionals and investment committees stay abreast of recent events that could have an impact on plans or plan participants. Inside you will find quarterly highlights, timely insights about the retirement readiness of plan participants, a summary of new and pending legislation, news from the DOL and other regulatory bodies, updates on ERISA cases and a brief synopsis of global retirement issues.

Key topic from this quarter's edition Highlights from this quarter include:

  • Plan sponsors have revamped plans, communications, and take a hands-on approach to enhance plan design and participant engagement.
  • Study shows contribution rates are down slightly compared to last year, with millennials the largest generational cohort contributing 7% or more.
  • Several concerns raised regarding SECURE Act 2.0, including availability of collective investment trusts in 403(b) plans and a technical error impacting catch-up contributions.
  • New DOL proposal may affect a plan’s vesting and use of forfeitures.
  • A DOL civil lawsuit against a small plan provides a reminder of plan sponsor fiduciary responsibility.

Connect with Us

Connect with your Defined Contribution representative to learn more about our resources, capabilities and expertise.

Connect with Us

Connect with your Defined Contribution representative to learn more about our resources, capabilities and expertise.

Depth of Experience
45+ years of industry experience with products available on more than 200 record keeping platforms

Innovative Investment Solutions 
A wide range of asset classes across vehicles appropriate for retirement plans including mutual funds, CITs, and sub-advised portfolios

Client-Focused 
National, regional and local support for retirement plan professionals, plan sponsors and participants