RESEARCH |
2015
Retirement Plan Adviser Survey
Arguably, retirement plan advisers have a better—or at least
a more comparative—perspective than their plan sponsor clients about the
relative strength of products and services offered by investment and
recordkeeping providers. After all, advisers can—and usually do—work with many
of them concurrently. The 2015 Retirement Plan Adviser Survey, our eighth,
endeavors to gain insight from the adviser community about how providers and
funds are selected, and which are the favorites each year.
Reported by PLANADVISER
| Art by Jillian Tamaki
Providers
Principal Financial Group
Qualified plan adviser votes | 252 |
Overall perception among plan advisers | |||
---|---|---|---|
Very favorable | 19.9% | ||
Somewhat favorable | 43.4% | ||
Not favorable | 32.5% | ||
No opinion | 4.2% |
Plan adviser experience with provider | |||
---|---|---|---|
Worked with many times | 53.4% | ||
Worked with a few times | 33.7% | ||
Worked with once | 8.6% | ||
Never worked with | 4.3% |
Top 10 service categories | |||
---|---|---|---|
1 Overall service to micro plans | 20 votes | ||
2 Overall service to small plans | 16 votes | ||
3 Adviser support post-sale | 13 votes | ||
4 Plan participant support | 12 votes | ||
5 Adviser sales/marketing support | 11 votes | ||
5 Participant education materials | 11 votes | ||
7 Value-added adviser services | 10 votes | ||
8 Plan sponsor support | 9 votes | ||
9 Supporting materials | 8 votes | ||
10 Wholesalers | 7 votes |