RESEARCH |
2019
PLANADVISER Retirement Plan Adviser Survey
Reported by PLANADVISER
| Art by Harry Campbell
Providers
Principal Financial Group
| Qualified plan adviser votes | 308 |
| Overall Perception Among Qualified Advisers | |||
|---|---|---|---|
| Very favorable | 16% | ||
| Somewhat favorable | 43% | ||
| Not favorable | 41% | ||
| Plan Adviser Experience with Provider | |||
|---|---|---|---|
| Worked with many times | 33% | ||
| Worked with several times | 20% | ||
| Worked with a few times | 33% | ||
| Worked with once | 14% | ||
| Key service categories | |||
|---|---|---|---|
| Overall service to micro plans | 37 votes | ||
| Overall service to small plans | 40 votes | ||
| Participant website and online tools | 31 votes | ||
| Sponsor website and reporting | 25 votes | ||
| Regulatory and compliance support | 44 votes | ||
| Fee clarity and disclosure | 25 votes | ||
| Value for price | 9 votes | ||
| Plan design flexibility/customization | 32 votes | ||
| Adviser sales/marketing support | 36 votes | ||
| Web tools/functionality for advisers | 30 votes | ||
| Fee structure for advisers | 14 votes | ||