New and Ongoing Priorities Among Plan Sponsors

The Cerulli white paper produced in March 2021 contains very interesting information regarding qualified plan litigation trends, plan sponsor top priorities, in-plan retirement income products, and cyber security.

It is interesting the two highest priorities for plan sponsors almost across all plan sizes are, improving overall financial wellness of employees and maximizing participant savings by increasing participation and contribution rates.  Add these priorities to the new DOL cyber security guidelines and increased litigation, and the plan sponsor need for assistance has never been greater.  Qualified plan professionals can assist plan sponsors in meeting all these needs.