2019 Plan Sponsor Attitudes Study

Supporting plan sponsors and their participants has become more complex over the last decade. In its 10th year, this study reveals what is top of mind for plan sponsors, helping advisors better align their services and support models to the needs of their clients.

Highlight 4: Benefits Outside of a Retirement Plan That Increase the Value of an Advisor

Advisors can add value by offering education to plan sponsors on other benefits beyond the retirement plan:

HealthSavingsProgramsFinancialWellnessProgramsManagedAccounts

Download the fourth installment in our highlights series to learn more about increasing the value you provide to your clients.

Sign Up for Our New Highlights Series

Position your practice to meet clients' needs. Receive our Plan Sponsor Attitudes Highlights Series for key insights.

  • Highlight 1: Top Reasons Plan Sponsors Look to a Plan Advisor for Help—Plan sponsors' top three concerns, their reasons for hiring an advisor, and more.
  • Highlight 2: What Makes a Plan Advisor Successful?—How plan sponsors view success for plan advisors, including success metrics, satisfaction rates, and communication practices.
  • Highlight 3: Plan Improvements to Help Close the Retirement Savings Gap—The types of advisor input plan sponsors value when it comes to improving savings rates, including help with plan design and investment menus.
  • Highlight 4: New Frontiers: Benefits Outside of a Retirement Plan That Increase the Value of an Advisor

Highlight 1: Top Reasons Plan Sponsors Look to a Plan Advisor for Help

0%5%10%15%20%25%30%35%40%45%50%55%60%69%0%5%10%15%20%25%30%35%40%45%50%55%60%65%70%75%80%85%90%93%2008201924%increase

93% of sponsors work with an advisor—an all-time high.

With sponsors increasingly relying on advisors, knowing their top concerns and goals can help you provide the services plan sponsors care about most.

Download the first installment in our Highlights Series for study results revealing plan sponsors' top concerns, their reasons for hiring an advisor, and more.

Highlight 2: What Makes a Plan Advisor Successful?

0%5%10%15%20%25%30%35%40%45%50%55%60%63%of sponsors are very satisfiedwith their advisor.

As an advisor, you want to offer plan sponsors the services that best meet their needs. With the majority of sponsors happy with their advisors, we've uncovered which factors contribute to advisors' success.

Download the second installment in our Highlights Series for study results, drivers of plan advisor success, and more.

Highlight 3: Plan Improvements to Help Close the Retirement Savings Gap

It is estimated that 50% of retirement plan participants may be unable to cover their essential expenses in retirement.¹

Download the third installment in our Highlights Series to learn more about plan changes that sponsors are making to help close the retirement gap for participants.

About the Study

The 10th edition of our proprietary study uncovers opportunities with plan sponsors across the nation.

  • Based on responses of 1,252 plan sponsors who use a wide variety of recordkeepers, not just Fidelity
  • Included plans with at least 25 participants and $3 million in assets, from start-ups to plans with more than $250 million in assets
  • Focused on plan sponsors using a financial advisor or plan consultant

Get Your Personalized Study Review

Contact your Fidelity representative today to review the comprehensive insights from our latest Plan Sponsor Attitudes study and how they may apply to your business.

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