This was a priority for 27 % of plan sponsors, while just 4 % of recordkeepers identified it as one for plan sponsors. (thinkadvisor.com)
This effort, known as the EBRI / ICI Participant - Directed Retirement Plan Data Collection Project, has obtained data for 401 (k) plan participants from certain of EBRI and ICI sponsors and members serving as plan recordkeepers and administrators. (ebri.org)
In a cost - constrained environment, plan sponsors may be less likely to offer auto - features if they result in a higher total plan cost of administration and may «opt out of auto» upon changing recordkeepers in efforts to maintain or lower costs.» (planadviser.com)