There are 16 results for 'Defined contribution'

Managed Accounts: ‘You Can’t Always Get What You Want’

Back in 1969 the Rolling Stones (inadvertently) summarized the state of decision-making facing plan sponsors regarding managed accounts. Due to limited product availability on recordkeeping platforms, plan sponsors may not be able to \"get what they want.\" But in looking...

Callan’s 2018 DC Trends Survey Reveals Continued Focus on Fees

Callan’s 11th annual Defined Contribution (DC) Trends Survey found that plan sponsors continue to focus intensely on fees. Sponsors, by a wide margin, cited reviewing plan fees as the most important step they took in improving their fiduciary position in...

Restructuring a Multi-Manager Plan: A Case Study

By Ben Taylor and Michael JoeckenIn the most recent edition of the DC Observer, we described the restructuring of a city-sponsored 457(b) plan with nearly $1 billion in assets that uses multi-manager funds. The revamping process examined the...

Callan Survey Unearths DC Governance Committee Productivity Hacks

The governance committees that oversee defined contribution (DC) plans have a lot on their plate, and knowing how to make the most efficient use of the resources at their disposal is not always apparent. Effective governance of the DC plan...

Callan DC Index Off to a Strong Start

We recently published the latest data for the Callan DC Index™ , which tracks performance, asset allocation, and cash flows of over 90 large defined contribution plans representing approximately $150 billion in assets.(Estimated reading time: 1 min 33 sec)Highlights for the...

The Evolution of Target Date Funds

The defined contribution (DC) industry has devoted tremendous amounts of time and effort to improve the likelihood of successful retirement outcomes. But much like the ancient Roman goddess Fortuna capriciously interfering in the lives of mortals, random economic and market...

Are We Ready to Fund Retirement from DC Plans?

DC plans have been focused on the accumulation of assets for retirement, and the DC industry has spent considerable effort to improve investment offerings, control costs, encourage participation, and streamline the technology of the participant’s interaction with the plan. But...

Avoiding Fiduciary Traps: 8 Tips for DC Plan Sponsors

Defined contribution (DC) plan sponsors often worry about landing in hot water for doing the wrong thing. However, many fiduciary issues crop up because plan sponsors have failed to take action. Here, we list eight potential fiduciary traps and suggest...

Managing DC Plan Vendors

For defined contribution (DC) plans, managing recordkeepers can be daunting. In the latest edition of the DC Observer,  Callan's Jamie McAllister and Jana Steele outline ways to make this vital oversight process easier.(Estimated reading time: 3 min 0 sec)One...

DC Index, 1st Quarter 2017

We recently published our latest data for the Callan DC Index™ , which tracks performance, asset allocation, and cash flows of over 90 large defined contribution plans representing approximately $150 billion in assets.(Estimated reading time: 1 min, 17 sec)Highlights...

About Our Revamped Target Date Index

With target date funds (TDFs) now accounting for nearly 30% of the average defined contribution plan’s assets, understanding their performance, fees, and asset allocations is more important than ever.(Estimated reading time: 2 min 37 sec)That’s why Callan has improved our quarterly...

No-Nonsense Guide to White Label Funds

“White label” funds are investment structures built using a mix of underlying funds to provide a simple but rich multi-manager exposure to an asset class. Their intuitive labeling (i.e., “Company XYZ Small Cap Fund”) is designed to help participants easily...

DCIIA Public Policy Forum Highlights

Lori Lucas, CFA, and James Veneruso, CFA, CAIA, recently attended the annual Defined Contribution Institutional Investment Association (DCIIA) Public Policy Forum in Washington, DC. Here are some notes and observations from the event. (Lori is the DCIIA Chair.) The DCIIA...

DC Index, 4th Quarter 2016

The Callan DC Index™ ended 2016 with a return of 7.99%, its best year since 2013. The Index reflects the performance, asset allocation, and cash flows of more than 90 large defined contribution (DC) plans representing approximately $150 billion in...

DC Plans and Investment Policy Statements

Yogi Berra’s wisdom is particularly apt for investment policy statements (IPS): On the one hand, an investment committee that tries to manage its DC plan without an IPS is apt to lose...

DC Survey

Our 10th-annual Defined Contribution Trends Survey reveals that fees are playing a heightened role in driving plan sponsor decision-making. Reviewing plan fees was cited as a key area of fiduciary focus, both now and for the foreseeable future.(Estimated reading time...