2022 Plan Sponsor Attitudes Survey

Supporting plan sponsors and their employees has become more complex than ever before. In its 13th year, this survey reveals current trends to help advisors align their business approach to timely client needs.

Highlight 3: Investment Menu Insights

93%of sponsors expectto make changes totheir investment lineups.

Investment menu changes are on the rise with the majority of sponsors reporting they plan to increase the number of investment options available in their plan lineup.

Learn more about Fidelity's 2022 PSA findings to help support your conversations with plan sponsors.

Highlight 2: Plan Design Changes Improving Retirement Readiness

Attracting and retaining employees was a top goal for sponsors in 2022. 27% in 2022 18% in 2021 vs.

Year over year, plan sponsors have remained focused on improving retirement readiness for their participants. In 2022, sponsors also reported an increased focus of attracting and retaining top employees with their retirement plans to remain competitive in the marketplace.

Learn more about plan design changes that sponsors are making to improve their plans.

Highlight 1: Increasing Expectations for Retirement Plan Advisors

47%of sponsors reportthat they are consideringa new advisor

The percentage of sponsors looking to switch advisors is at an all time high.

To find out the top reasons that plan sponsors are looking for a new advisor, download the first of four highlights revealing actionable advisor insights to help support your client interactions.

Sign Up for Our 2022 Highlight Series

  • Highlight 1: Increasing Expectations for Retirement Plan Advisors
  • Highlight 2: Plan Design Changes Improving Retirement Readiness
  • Highlight 3: Investment Menu Insights
  • Highlight 4: Beyond the Retirement Plan
  • Highlight 5: Sponsors Define Ideal Recordkeeping Relationship

About the Study

The 13th edition of our proprietary study uncovers opportunities with plan sponsors across the nation.

  • Based on the responses of 1,285 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 Survey Review

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

2021 Plan Sponsor Attitudes Survey

To review last year's survey results, check out these highlights:

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