NAPA Net - Polling Places 021618

Are We at a Tipping Point for CITs?

With today’s greater scrutiny of both retirement plan fees and the decision-making processes of plan sponsors, many have decided to include a collective investment trust (CIT) as an investment option in their 401(k) plans.

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* 1. What percentage of your current clients use collective investment trusts, or CITs?

About 3/4 of them

About a quarter

All of them

Fewer than 10%

Fewer than 25%

Less than half, but more than a quarter

None

Only about 10%

Somewhere between half and three-quarters

Something else (please specify)

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* 2. What percentage of your current proposals include the use of collective investment trusts, or CITs?

About 3/4 of them

About a quarter

All of them

Fewer than 10%

Fewer than 25%

Less than half, but more than a quarter

None

Only about 10%

Somewhere between half and three-quarters

Something else (please specify)

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* 3. How does that compare with a year ago?

It's about the same.

It's decreased a lot.

It's decreased some.

It's increased a lot.

It's increased some.

Something else (please specify)

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* 4. What do you think is the primary reason for the uptick in interest about CITs?

Concerns about litigation

Focus on fees

Greater awareness and visibility of CITs

Greater availability of CITs

Availability of CITs in a larger variety of options

Don't think there is actually much uptick in interest.

Stronger promotion of CITs as an option.

Something else (please specify)

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* 5. So, do you think the industry has reached a "tipping point" with regard to CITs?

Yes.

No.

Maybe.

Depends on what you mean by "tipping point."

Something else (please specify)

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* 6. Any other comments about CITs, use of CITs, interest in CITs, interest in the NAPA 401(k) Summit panel on CITs, misperceptions about CITs, 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?

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* 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...