Loan & Distribution Specialist AimPoint Pension
|
AimPoint Pension
|
Bates & Company, Inc.
|
Regional Vice President of Sales The Retirement Plan Company
|
Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
Compass
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
Better to Limit Number of Vendors in 457/403(b) Plans
403bwise [Opinion] June 30, 2003
Excerpt: Researchers at Columbia University have found that choice overload in retirement plans leads to less participation. Their key findings: 'after controlling for the employer match, participant demographics, and other variables, the probability that an employee will join a savings plan decreases modestly as the number of options increases.' More precisely the researchers report: Every additional 10 investment choices on average reduces predicted participation rates by 2 percent.
|
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |