DC Trends Survey Highlights Plans’ Focus for 2020
View PDF Defined contribution (DC) plan sponsors continue to make fees a main priority, according to Callan’s 2020 Defined Contribution Trends Survey, but they are also focused on communicating with participants and plan to highlight the topic of financial wellness in 2020. In addition, the already high share of sponsors acting to prevent plan leakage sharply rose, […]
ESG Mythbusters: The DC Plan Summer Blockbuster?
Growing interest in environmental, social, and governance (ESG) investing is apparent across the institutional investment industry. ESG has also captured the attention of policy makers; for instance, the White House, the Senate Committee on Banking and Finance, the Labor Department, and the SEC have all addressed ESG in the past year. And we can read […]
Greg Allen on the Big Themes
Read the Interview Greg Allen, Callan’s chief executive officer and chief research officer, recently sat down with Millie Viqueira, head of our Fund Sponsor Consulting Group, to talk about his 30 years at Callan. The wide-ranging interview touched on his start at the firm, what has changed in the industry and how he has changed over the last 30 years, […]
Compensation Applied Incorrectly Costs Big Bucks
Translating the legal definition of “compensation,” as captured in the defined contribution (DC) plan document, to payroll programming is complex. When it is applied incorrectly, it leads to high costs to calculate and fund missed compensation deferrals or contributions, along with the costs to correct the error via the Internal Revenue Service Employee Plans Compliance […]
DC Plan Sponsors and Participants Get Disaster Relief
In response to Hurricanes Florence and Michael, and the 2018 California wildfires, the Internal Revenue Service (IRS) and Department of Labor (DOL) have extended relief to those affected by the disasters from certain defined contribution (DC) plan requirements. Individual relief for those impacted by the hurricanes: Hurricane victims will have easier access to DC plan […]
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. Highlights from the quarter (data as of 3/31/17) include: DC plans benefited from strong market performance during the quarter. The Callan DC […]
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 Public Policy Forum “brings together industry leaders with policy makers and other thought leaders to […]
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 assets. Despite the turbulent economic and political environment of last year, including the Brexit vote in […]