Contents FEBRUARY-MARCH 2018 COVER STORY 2 | Insights 16 | 25 Years of Retirement Plans Taking Shape: The dynamics at work in the retirement plan industry in the 25 years since PLANSPONSOR launched. RESEARCH 30 | 2017 DC Survey: Providers Peer Reviews: Plan sponsors assess their DC plan providers-categorized in six asset sizes. 46 | 2018 Best in Class 401(k) Plans Role Models: This year's designees-chosen for administrative, fiduciary and plan design elements- continue to raise the bar. DB FOCUS 54 | Trends in Risk Assets Many sponsors still are compelled to grow their portfolios. INVESTMENT FOCUS 56 | What Lower Fees Reveal As investment and recordkeeping fees retreat, questions arise. BEHAVIORAL FINANCE 58 | Sandwiched Between Supporting kids and aging parents can derail workers' retirement. PS COACH 60 | Nondiscrimination Testing The rules keep plans from favoring highly compensated workers 64 | Profile In the Beginning The founder of PLANSPONSOR discusses what led to its creation. 4 | Survey Says Most Effective Industry Changes 6 | TDF Analysis Tactical Latitude 8 | Compliance Update 10 | Upfront Participation Paves the Way to Success Fiduciary Concerns When Debating Managed Accounts Changing the Company Match This Year Fidelity Plays Hardball With Vanguard The Importance of Benefits When Changing Jobs Helping Workers Measure Retirement Readiness 62 | ERISA Examination Whose Expense Is It Anyway? What may and may not be paid for with plan assets. 63 | Saxon Angle Lost and Not Found The ongoing dilemma as to missing participants. PLANSPONSOR.com February-March 2018 1http://www.PLANSPONSOR.com