Corporate pension plan sponsors posted a median 4% return in the second quarter, thanks in part to their U.S. equity allocations.
Northern Trust said that corporate pension plans performed the best among all plans with a 4% investment return at the median for the quarter that ended June 30. Plan sponsors have benefited enormously from a huge run up in U.S. equities, says Bill Frieske, senior performance consultant in Northern Trusts investment risk and analytical services.