PLANSPONSOR - November/December 2017 - 33

2017 DC SURVEY: PLAN BENCHMARKING
F
raming an accurate picture of how
your defined contribution (DC) plan,
and employers' overall benefits package,
compares with those offered by other
employers requires proper perspective.
Sometimes a number such as the percentage
of plans that share a common
attribute is all you need in order to validate
or challenge your organization's benefits
strategy. A closer look at the facts and
figures, both historically and across plan
sizes, can uncover the emerging trends
that ultimately gain industry acceptance.
But each employer's demographics are
unique and the benefits it offers reflect its
own culture.
Now in its 22nd consecutive year,
the PLANSPONSOR DC Survey is rich
in both statistics and context. The survey
collects plan design data from approximately
4,000 employers, representing the
spectrum of plan sizes-from those with
under $1 million in total plan assets to
those with over $1 billion-and covering a
wide range of industries, U.S. geography
and plan designs. Selected data from the
2017 survey is summarized in the charts
and text on the pages that follow, and put
in historical as well as plan-size perspective
where we deemed significant. Our
goal is that this information provide a
backdrop against which plan sponsors
can assess their plan's features on their
own merit and compared with peers.'
-Brian O'Keefe
Methodology
The data that follow, excerpted from the
2017 PLANSPONSOR DC Survey section
on plan benchmarking, summarize
adoption and use of select plan features
and policies. The survey was fielded from
mid-September through early November
and gathered more than 4,000 responses
from plans of all sizes; 36% of these
responses were from plans with under
$5 million in plan assets, while 21% were
from those with over $200 million in
Plan Demographics
Retirement Plan Offerings
87.8%
20.0%
401(k)
9.4%
403(b)
9.9%
457
Profit sharing
Percentage of Responses, by Asset Range
36.1%
<$5mm
Is a Safe Harbor Plan
65.8%
55.6%
55.9%
42.9%
42.4%
35.2%
12.1%
$5mm - $50mm
>$50mm - $200mm
16.5%
>$200mm
10.2% 9.6%
Nonqualified
Any other
All
<$5mm
$5mm - $50mm
assets. Takeaways from the survey are
meant to support plan sponsors' existing
plan governance processes and do not
represent advice or guidance related to
any aspect of plan design. Additional
>$50mm - $200mm
>$200mm
data are available and may be segmented
by plan size, industry, geography, etc.
Please contact Brian O'Keefe at brian
.okeefe@strategic-i.com for additional
information and pricing.
PLANSPONSOR.com November-December 2017 33

http://www.PLANSPONSOR.com

PLANSPONSOR - November/December 2017

Table of Contents for the Digital Edition of PLANSPONSOR - November/December 2017

Seeking Value
2017 DC Survey: Plan Benchmarking
2017 Research Year in Review
Owning a Piece of the Firm
Breaking Up With a Fund
Reporting Requirements
PLANSPONSOR - November/December 2017 - Cover1
PLANSPONSOR - November/December 2017 - Cover2
PLANSPONSOR - November/December 2017 - 1
PLANSPONSOR - November/December 2017 - 2
PLANSPONSOR - November/December 2017 - 3
PLANSPONSOR - November/December 2017 - 4
PLANSPONSOR - November/December 2017 - 5
PLANSPONSOR - November/December 2017 - 6
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PLANSPONSOR - November/December 2017 - 18
PLANSPONSOR - November/December 2017 - 19
PLANSPONSOR - November/December 2017 - 20
PLANSPONSOR - November/December 2017 - 21
PLANSPONSOR - November/December 2017 - Seeking Value
PLANSPONSOR - November/December 2017 - 23
PLANSPONSOR - November/December 2017 - 24
PLANSPONSOR - November/December 2017 - 25
PLANSPONSOR - November/December 2017 - 26
PLANSPONSOR - November/December 2017 - 27
PLANSPONSOR - November/December 2017 - 28
PLANSPONSOR - November/December 2017 - 29
PLANSPONSOR - November/December 2017 - 2017 DC Survey: Plan Benchmarking
PLANSPONSOR - November/December 2017 - 31
PLANSPONSOR - November/December 2017 - 32
PLANSPONSOR - November/December 2017 - 33
PLANSPONSOR - November/December 2017 - 34
PLANSPONSOR - November/December 2017 - 35
PLANSPONSOR - November/December 2017 - 36
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PLANSPONSOR - November/December 2017 - 40
PLANSPONSOR - November/December 2017 - 41
PLANSPONSOR - November/December 2017 - 42
PLANSPONSOR - November/December 2017 - 43
PLANSPONSOR - November/December 2017 - 44
PLANSPONSOR - November/December 2017 - 45
PLANSPONSOR - November/December 2017 - 2017 Research Year in Review
PLANSPONSOR - November/December 2017 - 47
PLANSPONSOR - November/December 2017 - 48
PLANSPONSOR - November/December 2017 - 49
PLANSPONSOR - November/December 2017 - 50
PLANSPONSOR - November/December 2017 - 51
PLANSPONSOR - November/December 2017 - 52
PLANSPONSOR - November/December 2017 - 53
PLANSPONSOR - November/December 2017 - Owning a Piece of the Firm
PLANSPONSOR - November/December 2017 - 55
PLANSPONSOR - November/December 2017 - 56
PLANSPONSOR - November/December 2017 - 57
PLANSPONSOR - November/December 2017 - Breaking Up With a Fund
PLANSPONSOR - November/December 2017 - 59
PLANSPONSOR - November/December 2017 - Reporting Requirements
PLANSPONSOR - November/December 2017 - 61
PLANSPONSOR - November/December 2017 - 62
PLANSPONSOR - November/December 2017 - 63
PLANSPONSOR - November/December 2017 - 64
PLANSPONSOR - November/December 2017 - Cover3
PLANSPONSOR - November/December 2017 - Cover4
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