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RESEARCH

2011 Defined Contribution Survey: Points of Hue

PS11cvr Nov 14, 2011 (PLANSPONSOR.com) --

For more than a decade, PLANSPONSOR's annual Defined Contribution Survey has been the most important industry benchmark, measuring and evaluating 401(k) and other DC providers according to feedback from their own clients. Dozens of categories are rated in service to the employer as well as participant service.

Reprints of the DC survey are available for $45. Click here for more information.

editors@plansponsor.com

2011 Defined Contribution Survey: Points of Hue

The Hartford

156 Responses (0.5% of total plans)

Respondents
Micro <$5MM	69.2%
Small $5MM-$50MM	22.4%
Mid $50MM-$200MM	5.8%
Large $200MM-$1B	2.6%
Mega >$1B	0.0%

Participant Services	Score	Best In Class
Micro <$5MM	89.8%	0
Small $5MM-$50MM	89.6%	1
Mid $50MM-$200MM	not qualified	not qualified
Large $200MM-$1B	not qualified	not qualified
Mega >$1B	not qualified	not qualified

Sponsor Services	Score	Best In Class
Micro <$5MM	90.7%	0
Small $5MM-$50MM	90.8%	0
Mid $50MM-$200MM	not qualified	not qualified
Large $200MM-$1B	not qualified	not qualified
Mega >$1B	not qualified	not qualified

Recommendation Likelihood
Extremely Likely	67.1%
Moderately/Slightly	25.1%
Neutral	3.9%
Recommended Against	3.9%

Client Tenure
More than seven years	26.5%
Three to seven years	45.8%
Less than three years	27.7%

Respondent Plan Types
401(k)	93.1%
403(b) single	4.4%
403(b) multi	0.0%
Profit Sharing	25.2%
Money Purchase	1.3%
ESOP	3.1%
NQDC	5.0%
SEP/SIMPLE	0.6%
457	2.5%

Respondent Metrics and Plan Design
Average participation rate	69.8%
Clients with auto-enrollment	22.4%
Clients with Roth provision	41.7%
Avg. parts. maximizing match	63.7%
Clients using adviser	69.9%
Clients offer participant advice	59.0%