What's Your Plan Services Evalation Process?

Every situation is unique, of course, but experience teaches us that there are certain patterns that make sense when it comes to evaluating plan designs and plan providers.

This week, we’d like to know about your experience with RFPs, RFIs, and benchmarking.

Question Title

* 1. How long have you been working with retirement plans?

Question Title

* 2. About how often do you recommend that plan sponsors should conduct an RFP?

Question Title

* 3. What about RFIs? Do you recommend those?

Question Title

* 4. If yes, about how often do you (generally) recommend RFIs?

Question Title

* 5. Do you ever do plan benchmarking

Question Title

* 6. For plan benchmarking, do you use (check all that apply):

Question Title

* 7. While every situation is different, what would you say is the most important question you ask on an RFP?

Question Title

* 8. What question on your RFP do you is most often “missed”, either in terms of the “right” answer, or a (fully) truthful one?

Question Title

* 9. In what way(s) has the RFP you work with changed most over the past 5 years, if any?

Question Title

* 10. What is your role working with retirement plans?

Question Title

* 11. What size plans do you PRIMARILY work with?

Question Title

* 12. Are you maxing out your current retirement savings contributions?

Question Title

* 13. Any other comments about RFPs. RFIs, benchmarking, the process(es) underlying them, the reactions to them (or the responses)?

Question Title

* 14. Suggestions for future survey questions?

Question Title

* 15. All responses are anonymous and confidential, of course - but if you'd like me to know who you are, or allow for a response, you can leave your email below...

( Privacy & Cookie Notice

T