RESEARCH |
2016
PLANADVISER Retirement Plan Adviser Survey
Advisers assess investment managers and recordkeepers
Reported by PLANADVISER
| Art by David Jien
Providers
Paychex
| Qualified plan adviser votes | 154 |
| Overall perception among plan advisers | |||
|---|---|---|---|
| Very favorable | 6% | ||
| Somewhat favorable | 26% | ||
| Not favorable | 66% | ||
| No opinion | 2% | ||
| Plan adviser experience with provider | |||
|---|---|---|---|
| Worked with many times | 32% | ||
| Worked with a few times | 39% | ||
| Worked with once | 14% | ||
| Never worked with | 15% | ||
| Top 10 service categories | |||
|---|---|---|---|
| 1 Overall service to micro plans | 7 votes | ||
| 2 Value for price | 4 votes | ||
| 3 Wholesalers | 3 votes | ||
| 4 Adviser sales/marketing support | 2 votes | ||
| 4 Fee structure for advisers | 2 votes | ||
| 6 Adviser support post-sale | 1 vote | ||
| 6 Plan participant support | 1 vote | ||