NAPA Net - Polling Places 042916

Do Plan Sponsors Want to Retain Ex-Participant Balances?

Among other things, the fiduciary regulation is likely to bring a renewed focus on the rollovers – but could it also bring an increased plan sponsor interest in retaining those balances?

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1. Have your plan sponsor clients/prospects shown any interest in retaining ex-participant balances?

Not yet

Only large balances

Only balances of retirees

Yes

Other (please specify)

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2. Has that interest level changed in the past 24 months?

Not that I can tell

Among some, but not all

Yes

Yes, interest has increased.

Yes, interest has decreased

Other/Comments?

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3. Why has that changed?

greater paternalism

interest in keeping large balances that keep plan fees lower

not really sure

I've not seen an increased interest

Other thoughts?

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4. Do you think that sentiment will change because of the fiduciary regulation?

Yes, it should increase interest in retaining balances

Yes, it should decrease interest in retaining balances

No, I don't see any reason the fiduciary regulation will change plan sponsor sentiment

Not sure.

Too soon to tell

Other (please specify)

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5. Other thoughts about rollovers, retentions, shifts in plan sponsor sentiment, or the fiduciary regulation?

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6. When do you (normally) read NAPA-Net?

Soon as it comes out

Lunchtime

Afternoon

After I get home

On the weekend

It depends

Comments?

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7. What is your role working with retirement plans?

Advisor

Provider

TPA

Plan sponsor

Recordkeeper

Other (please specify)

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8. 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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9. Suggestions for future survey questions?

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10. 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...

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* 1. Have your plan sponsor clients/prospects shown any interest in retaining ex-participant balances?

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* 2. Has that interest level changed in the past 24 months?

Question Title

* 3. Why has that changed?

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* 4. Do you think that sentiment will change because of the fiduciary regulation?

Question Title

* 5. Other thoughts about rollovers, retentions, shifts in plan sponsor sentiment, or the fiduciary regulation?

Question Title

* 6. When do you (normally) read NAPA-Net?

Question Title

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

Question Title

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

Question Title

* 9. Suggestions for future survey questions?

Question Title

* 10. 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 your plan sponsor clients/prospects shown any interest in retaining ex-participant balances?

2. Has that interest level changed in the past 24 months?

3. Why has that changed?

4. Do you think that sentiment will change because of the fiduciary regulation?

5. Other thoughts about rollovers, retentions, shifts in plan sponsor sentiment, or the fiduciary regulation?

6. When do you (normally) read NAPA-Net?

7. What is your role working with retirement plans?

8. What size plans do you PRIMARILY work with?

9. Suggestions for future survey questions?

10. 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...