NAGDCA has published the fourth annual benchmarking report entitled Perspectives in Practice – A Benchmarking Initiative for Public Sector Defined Contribution Plans. The report includes data that will help the defined contribution industry better understand trends and identify issues to better serve plan sponsors and plan participants.
The report presents a detailed analysis of key operating data from the government defined contribution industry, based on confidential surveys submitted by 98 individual plans representing 65 plan sponsors, $177 billion in plan assets and 4.2 million individual plan participants.
Plans that responded to the survey receive access to a customized Plan Performance Report showing their responses alongside the appropriate industry benchmarks, as well as access to the online portal, a suite of customized, interactive Online Reporting Tools. Look for an announcement from NAGDCA in early 2020 regarding the availability of the customized report and online tool.