RESEARCH |
2018
PLANADVISER Micro Plan Survey
Reported by PLANADVISER
| Art by Claire Merchlinsky
Industry Data
DC Providers
DC Providers
Length of Relationship With Provider
| All Micro | <$1MM | $1MM–$5MM | |
|---|---|---|---|
| >1 year | 3% | 5% | 2% |
| 1 year to 3 years | 17% | 20% | 16% |
| >3 years to 5 years | 18% | 16% | 19% |
| >5 years to 7 years | 14% | 16% | 13% |
| >7 years | 44% | 37% | 46% |
| Unsure/Don’t know | 4% | 7% | 3% |
| Frequency of Formal Review of Providers | |||
|---|---|---|---|
| All Micro | <$1MM | $1MM–$5MM | |
| Annually | 66% | 60% | 68% |
| Every 1 to 2 years | 10% | 10% | 10% |
| Every >2 to 3 years | 6% | 5% | 6% |
| Every >3 to 5 years | 2% | 1% | 3% |
| Every >5 years | 2% | 3% | 2% |
| Unsure/Don’t know | 14% | 21% | 11% |