The 2021 Annual 401(k) Benchmark Report
This report aims to provide the 401(k) industry (and those who are serviced by that industry) with a meaningful and objective set of performance-based benchmarks. It examines the overall performance of 401(k) plans for 27 industry verticals across 8 different performance metrics. The results are then organized by size of firm to allow for easy and meaningful comparisons.
By looking at almost 600,000 401(k) plans, this reports gives both plan sponsors and plan advisors a useful tool for understanding their plans:
- Advisors: use it to have a meaningful discussion with your clients about how their plans are doing, calling out areas where the plan underperforms its peers, and speaking to how you can address those issues.
- Plan sponsors: use these benchmarks as an unbiased look into your industry to help you determine if you’re taking the right steps to ensure a positive retirement outcome for your employees
Ask Us What We Can Do For You
If you’re looking for more in-depth analysis on a single plan, discover our Retirement Plan Prospector database, which is the platform we used to prepare the data for our research. Take a free test drive: