| Plan Sponsors Clearly Focused on Fiduciary DC Specialist Advisers |
| For the first time in seven annual editions of its Plan Sponsor Attitudes Survey, fiduciary responsibility is cited as the top reason plan sponsors start using retirement plan advisers.
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| The Value of Surveying Your Clients |
| Client surveys can help solidify relationships and, when the results are positive, yield potential references and help advisers better crystalize their value proposition.
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| DB and DC Live Side-By-Side in the Non-Profit Space |
| Data reveals defined contribution plans are the most widely available retirement planning benefit even among non-profit employers. In the education sector, for example, 86% of employees participate in a DC plan, while 36% have access to a DB plan.
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| More 401(k) Plans Adopting 6% as the Default Deferral Rate |
| T. Rowe Price also found that plans with automatic enrollment have an 88% participation rate, compared to 48% of plans where it is up to participants to take the initiative to opt into their retirement plan.
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