|[February 25, 2014]
Benchmarking Survey to Identify 403(b) Plan Best Practices and Key Trends
DES MOINES, Iowa --(Business Wire)--
Non-profit organizations that sponsor 403(b)
plans have an opportunity to find out how their retirement program
compares to others across the nation by participating in the 2014 Plan
Sponsor Council of America (PSCA) 403(b)
The sixth annual survey, sponsored by the Principal
Financial Group®, features relevant questions on key
market topics. Non-profit organizations that participate will receive a
free copy of the survey report and an invitation to a webinar
that provides an in-depth discussion of the results.
"This is the only survey that provides this kind of in-depth and
essential information on how 403(b) sponsors are managing their
retirement programs," said Bob
Benish, executive director of PSCA. "Based on the high attendance at
our webinar last year, we know 403(b) sponsors are eager to compare
their plans with those across the nation. The more sponsors who
participate, the deeper and more valuable the benchmarking
The 2014 PSCA Survey results will be available in May and will provide
valuable benchmarking data on:
Participation and contriution rates
Participant retirement readiness
The short survey, at http://www.psca.org/403b_survey_2014,
has been streamlined and will take less than 15 minutes to complete. To
make it even easier to complete for plan sponsors who participated in
2013, PSCA is pre-populating responses from last year into the survey.
Sponsors must submit the survey by March 14, 2014.
Valuable information for financial professionals and third party
"When the results are available, financial
professionals can meet with clients who completed the survey, attend
the free webinar and help with benchmarking. This could provide an
opportunity for the financial professional to make recommendations,"
Friedman, national tax-exempt practice leader, The Principal.
"Financial professionals and third party administrators can build
relationships and add value by notifying their 403(b) clients of this
opportunity to receive free third-party research."
For questions on the survey, or to request hard copies of the survey
questionnaire, please contact PSCA at firstname.lastname@example.org.
For more news and insights from The Principal, connect with us on
Twitter (News - Alert) at http://twitter.com/ThePrincipal.
the Plan Sponsor Council of America
The Plan Sponsor
Council of America (PSCA) is a nonprofit association that provides
services, best practice information, and advocacy to defined
contribution plan sponsors. Members have access to a broad range of
resources and programs that address the varying needs of both small and
large companies. Membership includes 1,200 companies ranging in size
from Fortune 100 firms to small, entrepreneurial businesses, and
the Principal Financial Group
The Principal Financial Group®
(The Principal®)1 is a global investment
management leader offering retirement services, insurance solutions and
asset management. The Principal offers businesses, individuals and
institutional clients a wide range of financial products and services,
including retirement, asset management and insurance through its diverse
family of financial services companies. Founded in 1879 and a member of
the FORTUNE 500®, the Principal Financial Group has $483.2
billion in assets under management2 and serves some 19.4
million customers worldwide from offices in Asia, Australia, Europe,
Latin America and the United States. Principal Financial Group, Inc. is
traded on the New York Stock Exchange under the ticker symbol PFG. For
more information, visit www.principal.com.
Bob Benish and PSCA are not an affiliate of any company of the Principal
© 2014 Principal Financial Services, Inc.
1 "The Principal Financial Group" and "The Principal" are
registered service marks of Principal Financial Services, Inc., a member
of the Principal Financial Group.
2 As of Dec. 31, 2013.
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