Private Equity
What topics in particular should defined contribution (DC) plan sponsors keep front of mind this year? : Defined contribution (DC) plans are among the most common ways for US workers to save for retirement. US DC plan programs totaled $9.6 trillion in assets as of the third quarter of 2023 when they represented 22% of all US retirement assets. This creates tremendous responsibility for plan sponsors as they provide and manage retirement benefits on behalf of their employees. To help plan sponsors, we curated seven topics that we believe they should make top priorities for their retirement programs in 2024.