"[The authors] hope that plan sponsors choose to focus on participant retirement income adequacy, as opposed to simply investment returns, savings rates and participation rates. Those metrics are part of what makes a successful DC plan, but DC plans are now a primary source of retirement income for millions of American workers and so the objective needs to expand. A sponsor who understands this can act accordingly, in the best interest of their plan participants -- which is what being a fiduciary is all about.... Quantifying [six] key risks for sponsors is the first step to helping plan participants deal with them. For each key risk, [this paper gives] a brief description and [identifies] some actionable steps a plan sponsor can take to help their participants mitigate them."

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