Loan & Distribution Specialist AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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AimPoint Pension
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Bates & Company, Inc.
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Regional Vice President of Sales The Retirement Plan Company
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Compass
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What Drives Variation in Investor Portfolios? Evidence from Retirement Plans
Mark Egan, Alexander MacKay, and Hanbin Yang, Via SSRN Dec. 20, 2021 "Using plan-level portfolio allocation data for the near universe of 401(k) plans over the period 2009-2019, ... [this study finds that plans] with wealthier and more educated participants tend to have higher equity exposure while plans with more retirees and minorities tend to have lower equity exposure. These patterns cannot be explained by differences in 401(k) menus or participation costs." |
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