March Resource Digest

Each month NAGDCA highlights a new topic and shares relevant information and resources with our members. This month we’re highlighting the topic of Investment Menu Design and below you’ll find links to resources and information related to the topic. Keep an eye out for additional resources in our e-newsletter, NAGDCA Now. We’ll also add the resources to this post throughout the month to allow you to access the curated list from the website at your convenience.

NAGDCA Best Practice Guide – Investment Menu Design

• • Investment Policy Statements
  • Core Investment Menu
  • Account Structure 
  • Managed Account Fees
  • Fee Transparency

Click here to access the full Plan Design guide. 

Resources

Conference Presentations

• • Asset Allocation Techniques during the Accumulation Phase
  • Role of Fixed Income Investments in a Portfolio
  • Equity Investment Options
  • Success by Design: Innovation in Investment Lineups and Plan Design
  • ESG – Environmental, Social and Governance Investment Criteria

Publications

• • Target Date Funds
  • Stable Value Options and Alternatives

IRS Information

• • Retirement Plan Investments FAQs

Member Spotlight

State of North Carolina

Plan design changes are a fact of life. Yet launching an enhanced investment lineup in tandem with revamping and expanding a custom asset allocation program while enhancing its glidepath—that ultimately impacted the majority of our 260K+ participant accounts—was a substantial undertaking. This resulted in close to one million small account-level transactions, completed in a series of overnight sweeps, followed by extensive testing and financial audits. In the end, NC 401(k) and NC 457 Plan participants saved $4.1 million in reduced investment management fees, the North Carolina Department of State Treasurer increased its plans’ asset allocation models by 125 percent, and all asset allocation program participants experienced the new glidepath to and through retirement.

Click here to read the member spotlight.