PLANSPONSOR - October/November 2019 - 41
Feature
OUTCOMES
RTICIPANT
JECTING
Without the whole picture, you can't go far
R
etirement plan sponsors consider a number of metrics when assessing whether their plan
is running successfully, says Catherine Collinson, CEO and president of the Transamerica
Institute in Los Angeles. " They look for indications of sound decisionmaking on the part of
participants-such as the overall participation rate, contribution rate, the avoidance of loans and
early withdrawals, and appropriate asset allocations-all drivers that will help individuals save,
invest and prepare adequately for retirement, " she says.
Besides such metrics, in recent years-as the emphasis on retirement readiness has taken
hold-sponsors have also begun to look at monthly retirement income projections, Collinson
says. " Many retirement savings projection tools and calculators designed to help participants
determine whether they are on track let them populate the models with their outside savings,
income and debt, " she says. " However, it's voluntary-and some participants warm up to the
idea, but others just won't. "
Thus, the experts say, sponsors that want to give their participants a projection of their retirement
income may be doing themselves and their people a disservice if those projections account
for only the assets in that one employer's retirement plan-not also for those coming from Social
Security, for example. For the participant, knowing his complete retirement assets is essential.
That information also helps the sponsor know, in the aggregate, how on track its workforce is to
retire at a suitable age. This can guide sponsors on how to improve outcomes, say the experts.
Art by Alessandro Gottardo
PLANSPONSOR.com October - November 2019 41
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PLANSPONSOR - October/November 2019
Table of Contents for the Digital Edition of PLANSPONSOR - October/November 2019
Investment-Driven
2019 DC Survey: Plan Benchmarking
Projecting Participant Outcomes
Just Around the Corner?
The Search for Basis Points
It Could Be Time to De-Clutter
PLANSPONSOR - October/November 2019 - C1
PLANSPONSOR - October/November 2019 - FC1
PLANSPONSOR - October/November 2019 - FC2
PLANSPONSOR - October/November 2019 - C2
PLANSPONSOR - October/November 2019 - 1
PLANSPONSOR - October/November 2019 - 2
PLANSPONSOR - October/November 2019 - 3
PLANSPONSOR - October/November 2019 - 4
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PLANSPONSOR - October/November 2019 - 23
PLANSPONSOR - October/November 2019 - 24
PLANSPONSOR - October/November 2019 - 25
PLANSPONSOR - October/November 2019 - Investment-Driven
PLANSPONSOR - October/November 2019 - 27
PLANSPONSOR - October/November 2019 - 28
PLANSPONSOR - October/November 2019 - 29
PLANSPONSOR - October/November 2019 - 30
PLANSPONSOR - October/November 2019 - 31
PLANSPONSOR - October/November 2019 - 2019 DC Survey: Plan Benchmarking
PLANSPONSOR - October/November 2019 - 33
PLANSPONSOR - October/November 2019 - 34
PLANSPONSOR - October/November 2019 - 35
PLANSPONSOR - October/November 2019 - 36
PLANSPONSOR - October/November 2019 - 37
PLANSPONSOR - October/November 2019 - 38
PLANSPONSOR - October/November 2019 - 39
PLANSPONSOR - October/November 2019 - Projecting Participant Outcomes
PLANSPONSOR - October/November 2019 - 41
PLANSPONSOR - October/November 2019 - 42
PLANSPONSOR - October/November 2019 - 43
PLANSPONSOR - October/November 2019 - Just Around the Corner?
PLANSPONSOR - October/November 2019 - 45
PLANSPONSOR - October/November 2019 - 46
PLANSPONSOR - October/November 2019 - 47
PLANSPONSOR - October/November 2019 - The Search for Basis Points
PLANSPONSOR - October/November 2019 - 49
PLANSPONSOR - October/November 2019 - It Could Be Time to De-Clutter
PLANSPONSOR - October/November 2019 - 51
PLANSPONSOR - October/November 2019 - 52
PLANSPONSOR - October/November 2019 - 53
PLANSPONSOR - October/November 2019 - 54
PLANSPONSOR - October/November 2019 - 55
PLANSPONSOR - October/November 2019 - 56
PLANSPONSOR - October/November 2019 - C3
PLANSPONSOR - October/November 2019 - C4
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