A recent State Street article, "The Benefits of Big," highlighted the fact that large defined contribution plans outperform smaller plans in nearly every category, including participation, savings rates and account balances. As a result of these successes, recent legislative proposals have extended many of the large plans’ best practices to smaller plans.
State Street identified automatic enrollment, automatic contribution escalation, and simplified investment menus as key components of a “well-structured” plan. The State Street article also included an endorsement for CIEBA membership.
The full State Street article can be found here.