"Managed accounts are often marketed as 'better' for participants in the long run ... However, ... a participant needs to supply additional data inputs ... to make the service and investment allocation more effective. If most of your QDIA participants are, by definition, not fully engaged and are not supplying the additional data needed to maximize the managed account services, then is the extra half percent, or more, in fees worth it to essentially have an enhanced target-date investment?"  MORE >>