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Do Plan Sponsors Want to Retain Former Participant Accounts?

Among other things, the fiduciary regulation is likely to bring a renewed focus on rollovers – but could it also bring an increased plan sponsor interest in retaining those balances?

It was a question we asked plan sponsors at this past week’s NAPA 401(k) Summit – and those three plan sponsors quickly indicated they had no interest in retaining those balances.

That said, in this week’s NAPA Net reader poll, we’d like to know if you’re seeing any shift in the discussion – or interest in – retaining ex-participant balances.

Let us know what you’re seeing – and what you think might lie ahead – at https://www.research.net/r/SSFQC7Y.

We’ll share the responses here on Friday.

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