"The survey ... shows more stability and less uncertainty among 403(b) plan sponsors. 'The engagement of 403(b) plan sponsors is much higher than in years past. They're adjusting to the new regulatory environment, and show a much better understanding of ERISA,' said David Wray, president of the PSCA. 'In many ways, sponsors of 403(b) plans are catching up to the 401(k) system.' ... The survey found that nearly three fourths (72.5%) of plan sponsors offer target date funds as an investment option, an increase from 69.1% in 2010. ... The number of 403(b) plans permitting Roth after-tax contributions has doubled in the past four years. In 2011, 21.7% of 403(b) plans allowed Roth contributions, up from 16.9% in 2010 and 10.9% in 2007."  MORE >>