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Massive Turnover of 401(k) Plan Providers Possible in 2016
BenefitsPro; free registration requiredLink to more items from this source
Aug. 4, 2015

"After several months of surveying the people responsible for plan design, the selection of investment managers, and other plan providers, the conclusion from Cogent is pretty clear: complacency is not the friend of providers to 401(k) plans. Half of the sponsors surveyed said a formal plan review is somewhat likely to lead to turnover in a plan provider. Only 36 percent of sponsors said they were sure they would not initiate changes in outside advisors or record keepers."

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