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403(b) Plan Sponsors Move to Simplify Investment Choices
Plan Sponsor Council of America [PSCA] 
June 3, 2014 "403(b) plan sponsors offered an average of 26 investment options in 2013, down from 31 in 2012; edging closer to the average of 19 investment options in 401(k) plans. 403(b)s with the highest average participation rate (72.2 percent) are those with between 15 and 20 investment options.... Three quarters of 403(b) plans now offer target date investment options, a steady increase since 2009 when they were included in just over half of plans (51.2 percent)." MORE >> |
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