PLANSPONSOR - October/November 2021 - 25

RESEARCH | 2021 PLANSPONSOR DC PLAN BENCHMARKING SURVEY
these sorts of things to change, you're asking people-at least
in their minds-to take a risk, " he says. " So it's important to
benchmark from more than one information source, to reduce
the sense of risk. "
How can a sponsor work with multiple sets of benchmarking
data? " We tend to look at the retirement plan industry as a whole,
to begin with, " says Dan Peluse, executive director - retirement
benefits advisors division at Wintrust Investments in Chicago.
" I think it's important from a [best-practice] knowledge perspective.
You want to know how your plan stacks up, compared with
employers overall.
" Then we drill down to the individual business sector
2021 DC Plan Benchmarking Survey Respondent Data
Respondents, by Recordkeeper Category
Respondents, by Plan Size
53%
l	Five largest providers
l	Next five largest providers
l	Next 10 largest providers
l	All other providers
18%
<$10mm
$10mm -
$50mm
13%
>$50mm -
$200mm
Respondents, by Plan Type Offered
92%
9%
401(k)
403(b)
457
Profit sharing
10%
18%
Money purchase 2%
NQDC*
10%
*Nonqualified Deferred Compensation
Respondents, by Industry
l	Manufacturing
l	Health care
l	Financial services
l	Retail
l	Building/Construction/
Contracting
l	Other†
6%
†Spread across 39 additional unique industries
56%
13%
9%
8%
8%
Methodology
The benchmarking data included here represent preliminary findings
from the 2021 PLANSPONSOR Defined Contribution (DC)
Survey, an annual online survey of plan sponsors conducted from
September to November. The questionnaire explores plan design
features, investment offerings, oversight practices and participant
outcomes. Survey results are meant to inform existing plan
governance processes; the insights summarized here do not represent
advice on any aspect of plan design. Please discuss results
with a trusted retirement plan expert prior to taking action. Email
surveys@issmediasolutions.com for additional information and
pricing on related data or reports.
16%
41%
>$200mm
14%
31%
14%
Respondents, by Geography
l	East
l	South
l	Mid-west
l	West
19%
21%
31%
30%
PLANSPONSOR.COM October - November 2021 25

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PLANSPONSOR - October/November 2021

Table of Contents for the Digital Edition of PLANSPONSOR - October/November 2021

INSIGHTS
INDUSTRY ANALYSIS
RULES & REGULATIONS
UPFRONT
To Attract and Retain
2021 DC Plan Benchmarking Survey
Investment Appraisal
The Evergreen Discussion
Retirement, by Auto-Pilot
FIDUCIARY FORUM A Useful Gauge
INSIDE ANGLE ESG for Fiduciaries
PLAN PROFILE Picture of Health
PLANSPONSOR - October/November 2021 - Cover1
PLANSPONSOR - October/November 2021 - Cover2
PLANSPONSOR - October/November 2021 - 1
PLANSPONSOR - October/November 2021 - 2
PLANSPONSOR - October/November 2021 - 3
PLANSPONSOR - October/November 2021 - INSIGHTS
PLANSPONSOR - October/November 2021 - 5
PLANSPONSOR - October/November 2021 - INDUSTRY ANALYSIS
PLANSPONSOR - October/November 2021 - 7
PLANSPONSOR - October/November 2021 - RULES & REGULATIONS
PLANSPONSOR - October/November 2021 - 9
PLANSPONSOR - October/November 2021 - 10
PLANSPONSOR - October/November 2021 - 11
PLANSPONSOR - October/November 2021 - UPFRONT
PLANSPONSOR - October/November 2021 - 13
PLANSPONSOR - October/November 2021 - 14
PLANSPONSOR - October/November 2021 - 15
PLANSPONSOR - October/November 2021 - 16
PLANSPONSOR - October/November 2021 - 17
PLANSPONSOR - October/November 2021 - To Attract and Retain
PLANSPONSOR - October/November 2021 - 19
PLANSPONSOR - October/November 2021 - 20
PLANSPONSOR - October/November 2021 - 21
PLANSPONSOR - October/November 2021 - 2021 DC Plan Benchmarking Survey
PLANSPONSOR - October/November 2021 - 23
PLANSPONSOR - October/November 2021 - 24
PLANSPONSOR - October/November 2021 - 25
PLANSPONSOR - October/November 2021 - 26
PLANSPONSOR - October/November 2021 - 27
PLANSPONSOR - October/November 2021 - 28
PLANSPONSOR - October/November 2021 - 29
PLANSPONSOR - October/November 2021 - Investment Appraisal
PLANSPONSOR - October/November 2021 - 31
PLANSPONSOR - October/November 2021 - 32
PLANSPONSOR - October/November 2021 - 33
PLANSPONSOR - October/November 2021 - The Evergreen Discussion
PLANSPONSOR - October/November 2021 - 35
PLANSPONSOR - October/November 2021 - Retirement, by Auto-Pilot
PLANSPONSOR - October/November 2021 - 37
PLANSPONSOR - October/November 2021 - FIDUCIARY FORUM A Useful Gauge
PLANSPONSOR - October/November 2021 - INSIDE ANGLE ESG for Fiduciaries
PLANSPONSOR - October/November 2021 - PLAN PROFILE Picture of Health
PLANSPONSOR - October/November 2021 - Cover3
PLANSPONSOR - October/November 2021 - Cover4
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