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Survey Shows Market Concerns Dominate Defined Pension Plan Focus, but Allocations Remain Static
PLANSPONSOR Link to more items from this source
Feb. 9, 2005
Excerpt: While it failed to gain the headlines of the previous two years, the 'health' of many large US corporate pension plans (at least as measured by funded status) improved remarkably in 2003, according to the 2004 Fidelity Investments/ PLANSPONSOR study of defined benefit plan practices. Among the 100 larger defined benefit plans surveyed last summer, just 54% of corporate plans were underfunded ..., and only 8% by more than 20%, compared with 69% and 12%, respectively, in 2002.

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