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Fewer than a third of plan sponsors measure the effectiveness of their defined contribution plans investment offerings by evaluating if projected participant income replacement ratios are being met at retirement, finds a new poll from SEI.
An overwhelming majority (98%) of plan sponsors measure effectiveness by only reviewing investment performance, which tends to focus on short-term metrics such as three- and five-year performance, not long-term goals.
Andrea Davis is the former editor-in-chief of Employee Benefit News, the leading publication for the employee benefits industry. An award-winning journalist and editor, Andrea has covered the … Read full bio
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