Does your retirement plan have a qualified default investment alternative (QDIA)? Have you worked with plan sponsors who have, or who have considered, adopting a QDIA?
What type of QDIA was selected, and why?
If you’ve gone through that process, the Government Accountability Office (GAO) wants to hear from you — specifically fiduciaries of defined contribution plans who have considered adopting or who have adopted a QDIA for their plan. To gather those insights, GAO has developed a short (12 question maximum) online survey — and you don’t have to provide any personal/plan information. That’s right, you can respond anonymously.
GAO notes that it is not auditing or analyzing the policies or practices of any individual plan sponsor, and that all responses provided in this questionnaire and/or in any subsequent contacts with GAO will remain confidential. Furthermore, GAO says it will not attribute any provided information to any individual or company in their final report.
Click here to view the survey.
Those willing/interested in speaking with GAO staff about the decision to adopt — or not to adopt — a QDIA, can provide contact information for a follow-up phone interview.
