NAPA Net - Polling Places 030218

Have the Markets Moved Your Clients?

At least one major recordkeeper has noted a big uptick in participant trading in the wake of recent market moves – but have you sensed any shifts in the plans you support? Have you rebalanced your account(s)?

As it turns out, the Alight Solutions 401(k) Index™ found http://www.napa-net.org/news/plan-optimization/investment-management-plan-optimization/stock-slump-sends-401k-investors-scurrying/ that 401(k) trading activity has been exceptionally high in recent days, with trading on February 5 almost 12 times the “normal” level of trading. Alight notes that the last time trading occurred at that level was in August 2011, coinciding with the last time the S&P 500 saw its biggest single-day drop.

That uptick was a rarity for trading in the index, which tracks the activity of some 2 million 401(k) participants, and $200 billion in plan assets.

Question Title

1. Have you sensed an uptick in concerns in the wake of recent market volatility among the plans/participants you support?

Among some, but not most.

Been too busy to notice.

No.

Not really.

Yes, among participants - plan sponsors not so much.

Yes, among plan sponsors - participants not so much.

Yes, it's been pervasive!

Something else (please specify)

Question Title

2. Have you sensed an uptick in actual movement of account balances in the wake of recent market volatility among the plans/participants you support?

Among some, but not most.

Been too busy to notice.

No.

Not really.

Yes, among participants - plan sponsors not so much.

Yes, among plan sponsors - participants not so much.

Yes, it's been pervasive!

Something else (please specify)

Question Title

3. Have you done anything special/different in terms of plan or participant communications in the wake of the recent market volatility?

Depends on the plan/participant.

No.

Yes.

Something else (please specify)

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4. Have you made any adjustments to your own retirement portfolio in the wake of recent market volatility?

No, I'm in a managed account/target-date fund, so there's been no reason.

No.

Yes, but only because this is when I normally rebalance my account(s).

Yes, moved more into bonds/cash.

Yes, moved more into equities.

Something else (please specify)

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5. How often do you (normally) look at your retirement plan investments?

Annually.

Every week.

Monthly.

Not with any specific frequency.

Quarterly.

Something else (please specify)

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6. Any other comments about market volatility, rebalancing portfolios, reviewing portfolios regularly, participant moves in response to market volatility, or - life in general?

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7. What size plans do you PRIMARILY work with?

Under $10 million in assets

$10-$20 million

$20-$50 million

$50-100 million

$100 million - $250 million

$250 million - $500 million

Above $500 million

Other (please specify)

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8. Suggestions for future survey questions?

Question Title

9. 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...

Question Title

* 1. Have you sensed an uptick in concerns in the wake of recent market volatility among the plans/participants you support?

Question Title

* 2. Have you sensed an uptick in actual movement of account balances in the wake of recent market volatility among the plans/participants you support?

Question Title

* 3. Have you done anything special/different in terms of plan or participant communications in the wake of the recent market volatility?

Question Title

* 4. Have you made any adjustments to your own retirement portfolio in the wake of recent market volatility?

Question Title

* 5. How often do you (normally) look at your retirement plan investments?

Question Title

* 6. Any other comments about market volatility, rebalancing portfolios, reviewing portfolios regularly, participant moves in response to market volatility, or - life in general?

Question Title

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

Question Title

* 8. Suggestions for future survey questions?

Question Title

* 9. 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...

1. Have you sensed an uptick in concerns in the wake of recent market volatility among the plans/participants you support?

2. Have you sensed an uptick in actual movement of account balances in the wake of recent market volatility among the plans/participants you support?

3. Have you done anything special/different in terms of plan or participant communications in the wake of the recent market volatility?

4. Have you made any adjustments to your own retirement portfolio in the wake of recent market volatility?

5. How often do you (normally) look at your retirement plan investments?

6. Any other comments about market volatility, rebalancing portfolios, reviewing portfolios regularly, participant moves in response to market volatility, or - life in general?

7. What size plans do you PRIMARILY work with?

8. Suggestions for future survey questions?

9. 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...