2020 State of Public Sector Defined Contribution Plans Report
The PRRL has published the annual “State of Public Sector Defined Contribution Plans” report. 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 details public sector DC plan account balances, contributions, loans, asset allocation; features inaugural presentation of plan data aggregated across record keepers.
Plans that participate in the PRRL receive access to a customized “You vs Universe” report comparing their plan to the appropriate industry benchmarks, as well as access to the online benchmarking portal. Look for an announcement from NAGDCA in 2021 regarding the availability of the customized report and online tool.