Trendspotting Charts

The median defined contribution (DC) plan fee—combining recordkeeping, trust and custody fees—this year is $59, just a slight increase from $57 in 2016, according to the 2017 NEPC Defined Contribution Plan and Fee Survey. Over the previous seven years, fees had declined.

A scant 1.1% of defined contribution plan participants stopped contributing to their plan in this year’s first quarter, according to recently released data from the Investment Company Institute.

PwC says there is a great need for financial wellness programs, as 53% of workers feel financially stressed. For a company with 10,000 employees, this stress costs $3.3 million a year in lost productivity.

Nearly three-quarters—72%—of advisers think the political environment will cause market volatility for the remainder
of the year.

The median defined contribution (DC) plan fee—combining recordkeeping, trust and custody fees—this year is $59, just a slight increase from $57 in 2016, according to the 2017 NEPC Defined Contribution Plan and Fee Survey. Over the previous seven years, fees had declined.

While 40% of people say the financial crisis of 2008 has had no lasting impact on their life, 42% say they now avoid the market, according to a Hartford Funds survey.

A survey by Financial Engines found that 58% of respondents at least 65 years old, and 76% of those 55 through 64, believe the average married couple retiring at 65 would need between $50,000 and $200,000 for health care. Financial Engines says it is $266,000.