Commentary: What will those progressive plan sponsors who wish to maintain leading edge 401(k) plans be doing in 2016? Read on below to learn the top 10 trends for 401(k) plans in 2016.
1. Offer at least one professionally managed option. Participants need all the help they can get. Professionally managed investment options make it easier for them to invest in your 401(k) plan. Plan sponsors with leading edge plans have designed investment menus that feature both balanced fund and target-date options. Make sure your 401(k) plan offers at least one of these choices.
