Start-to-finish guidance toward building and implementing a robust DC
plan
Successful Defined Contribution Investment Design offers a
comprehensive guidebook for fiduciaries tasked with structuring and
implementing a 401(k) or other defined contribution (DC) pension plan.
More than a collection of the usual piecemeal information, this book
seeks to offer a complete, contemporary framework for plan design,
together with tested methodologies and analytic techniques to help
streamline plan monitoring, management and improve participant outcomes.
Examples from plan sponsors provide on-the-ground insight while
suggestions from DC consultants add expert perspective. Views from ERISA
expert counsel provide additional understanding--along with input from
academic thought leaders. Finally, investment evaluation and analysis is
joined with participant savings and asset allocation data to look
prospectively at potential outcomes, and case studies illustrate
real-world implementation of objective-aligned asset allocation such as
custom target-date strategies. Though the focus is primarily on U.S.
plan design, author perspectives from countries including Australia, the
United Kingdom and Canada provide relevant and helpful viewpoints for
both new and experienced plan fiduciaries.
For the vast majority of workers, DC plans have replaced traditional
defined benefit pension plans as the primary source of employer-provided
retirement income. This book provides comprehensive guidance to help you
construct a plan to help workers to retire with confidence.
- Adopt a framework for DC evaluation and structure
- Learn new methodologies for investment choice evaluation
- Use the innovative PIMCO Retirement Income Cost Estimate--or PRICE--to
help quantify the amount of money a worker needs to create and stay on
track to building a real income stream in retirement
- Examine methodologies used at major companies in the U.S. and globally
DC plans are the most rapidly growing retirement market in the world,
yet sources of consolidated structural and analytical guidance are
lacking. Successful Defined Contribution Investment Design fills the
gap with a comprehensive handbook that covers the bases to help you
develop an objective-aligned defined contribution plan.
