The Benefits of Simplifying DC Plan Investment Menus
Doing so could encourage more employees to participate in the plan, sources say.
Doing so could encourage more employees to participate in the plan, sources say.
Panelists discussed numerous investment options that can push additional retirement savings.
It also enables them to negotiate lower fees, Vanguard says.
A Mercer white paper says defined contribution plan sponsors should focus on ensuring sound plan management and establishing success measures, among other things.