RESEARCH |
2016
PLANADVISER Retirement Plan Adviser Survey
Advisers assess investment managers and recordkeepers
Reported by PLANADVISER
| Art by David Jien
Providers
Newport Group
| Qualified plan adviser votes | 104 |
| Overall perception among plan advisers | |||
|---|---|---|---|
| Very favorable | 41% | ||
| Somewhat favorable | 45% | ||
| Not favorable | 12% | ||
| No opinion | 2% | ||
| Plan adviser experience with provider | |||
|---|---|---|---|
| Worked with many times | 26% | ||
| Worked with a few times | 27% | ||
| Worked with once | 19% | ||
| Never worked with | 28% | ||
| Top 10 service categories | |||
|---|---|---|---|
| 1 Overall service to small plans | 16 votes | ||
| 2 Value for price | 11 votes | ||
| 2 Plan sponsor support | 11 votes | ||
| 4 Overall service to micro plans | 10 votes | ||
| 5 Overall service to midsize plans | 8 votes | ||
| 6 Fee structure for advisers | 7 votes | ||
| 7 Adviser support post-sale | 6 votes | ||
| 8 Adviser sales/marketing support | 4 votes | ||
| 8 Plan participant support | 4 votes | ||
| 8 Plan sponsor educational materials | 4 votes | ||