RESEARCH |
2019
PLANADVISER Retirement Plan Adviser Survey
Reported by PLANADVISER
| Art by Harry Campbell
Survey Data
Top Criteria Used to Decide Which Recordkeepers Are Appropriate for Plans
| TOP 3 | |
|---|---|
| 1 Value for price | 63.1% |
| 2 Website tools for participants | 60.7% |
| 3 Fee structure for plan | 51.7% |
| 4 Investment options available | 34.9% |
| 5 Website tools for plan sponsors | 30.5% |
| 6 Participant education | 28.9% |
| 7 Adviser support | 16.8% |
| 8 Reputation | 14.6% |
| 9 Supporting materials for plan sponsors | 12.1% |
| 10 Adviser support/value-added services | 9.9% |
| 11 Brand recognition | 7.7% |
| 12 Wholesalers | 3.5% |
| 13 Fee structure for adviser | 2.2% |
| 14 Recommendation by home office | 0.2% |