Looking for information on Defined Contribution Recordkeepers annual C

[Guest Gary M]

Does anyone have any information concerning the average annual lapse rate (percentage of cases lost each year due to plan termination, switching of recordkeepers, etc.) for Defined Contribution Recordkeepers?

If an average is not available, I would also be interested in any information for a single company (no need to name the company, just whether insurance, bank, mutual fund family, etc.) Thanks.

------------------

GM

[david rigby]

I have heard some say 10-15%, but the only backup provided was very rough budget numbers.