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Plan Sponsor Attitudes Toward Retirement Plan Management and Fiduciary Outsourcing (PDF)
Pentegra 
Mar. 13, 2024 18 pages. "More than 70% of plan sponsors say they find managing the details of their retirement plan a distraction from their core business ... Legislative compliance and fiduciary responsibilities rank high among chief retirement plan challenges ... More than 50% of plan sponsors use a professional fiduciary to outsource plan governance and oversight ... Plan sponsors judge retirement plan success by assessing participant success ... Nearly 40% of plan sponsors ensure plan success by using professional fiduciary resources ... More than 50% of plan sponsors employ a total benefits outsourcing approach." |
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