Callan DC Trends Survey (2018)
Full Survey 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 2017, and 60% of survey respondents said they are somewhat or very likely to conduct […]
Callan Survey Unearths DC Governance Committee Productivity Hacks
Our survey found that the governance committees that oversee DC plans need to make efficient use of resources, but it is not always apparent how
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. Highlights for the quarter (data as of 6/30/2017): The Callan DC Index™ returned a healthy 3.06% during the second quarter, reflecting strong equity market […]
8 Tips for DC Plan Sponsors to Avoid Fiduciary Traps
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 ways to avoid them. Trap 1: The plan’s recordkeeper calls the shots. Even amid ongoing […]
Managing DC Plan Vendors
View PDF 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. One of the best ways to help monitor recordkeepers is by conducting periodic searches, which give plan sponsors the chance […]
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. That’s why Callan has improved our quarterly target date fund coverage by making the Callan Target Date Index™ website interactive. The new features include these improvements: […]
DC Plans and Investment Policy Statements
Download PDF 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 its way. On the other hand, if—like the Yogi Berra quote—an IPS is unclear or confusing, it can also lead to […]
2017 DC Trends Survey
Key Findings Full 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. Related to this focus on fees are trends including an increase in […]