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PSCA 60th Annual Survey Open

    

CHICAGO, IL, June 27, 2017 -- The Plan Sponsor Council of America announced that its 60th Annual Survey of Profit Sharing and 401k Plans is open and encouraged plan sponsors to participate. Achieving high levels of participation is critical to the success of the survey and will ensure that it can provide accurate and complete results to better inform Washington policymakers, the media, and other stakeholders with the aim of safeguarding policies and practices that are advantageous to American workers.

Beyond being part of the premier study of defined contribution retirement plans, participants will receive a complimentary copy of the survey upon its release. The deadline for completing the survey is June 30th.

PSCA's annual survey is considered the leading source of plan benchmarking data and provides more than 180 tables of data on topics including:

  • Asset-investment trends and fund offerings
  • Automatic enrollment and auto increase default rates
  • Company contributions and matching formulas
  • Investment advice
  • Participation and deferral rates
  • Roth 401k
  • Participant education
  • Plan administration practices

Said Jack Towarnicky, PSCA Executive Director, "As the leading voice of America's plan sponsors and retirement savers, a key element of our agenda is advancing the interests of the nation's plan sponsors and their participants. This survey is the most comprehensive survey of its kind and is critical in framing the conversation on how certain changes may affect access to and participation in retirement plans. Completing our annual survey is essential to providing plan sponsors with the information needed to assist participants in their saving goals and improving retirement outcomes."

How to take part in the survey:

  • Participate online (https://www.cvent.com/surveys/Welcome.aspx?s=a6d72bbb-c18d-4281-9627-42a7819a1f37): The online survey is available to both new and returning survey takers. Those who completed the survey in 2016 will find that their plan information has been imported into the online survey. Simply review plan information, update it with changes, and submit.
  • Mail or fax: Download the questionnaire and return via fax (312.275.7171) or mail to 200 S. Wacker Drive, Suite 3100, Chicago, IL 22602

Respondents can download a worksheet with a list of questions they may need to look up. Submissions must be postmarked or completed online by June 30, 2017.

All information provided in the survey will remain confidential; only aggregate data will be published. All survey respondents will receive a free copy of the 60th Annual Survey Report, which otherwise would cost $595. More information is available at https://www.psca.org/research.

For questions on the survey, please contact us at research@psca.org or 540.323.7828.

About the Plan Sponsor Council of America

The Plan Sponsor Council of America (PSCA) is a diverse, collaborative community of employee benefit plan sponsors, working together on behalf of millions of employees to solve real problems, create positive change, and expand on the success of America's voluntary, employer-sponsored retirement system. With members representing employers of all sizes, PSCA offers a forum for comprehensive dialogue. By sharing our collective knowledge and experience as plan sponsors, PSCA also serves as a resource to policymakers, the media and other stakeholders as part of its commitment to improving retirement security for millions of Americans. For more information, visit www.psca.org.

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