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In a pseudo-post-pandemic world, where employers are still dealing with The Great Resignation, they're continuously seeking ways to attract and retain employees. Besides considering the myriad benefits and perks available, an increasing number of plan sponsors are looking to enhance their defined contribution (DC) retirement plans.
According to a survey by Willis Towers Watson, 75% of DC plan sponsors made a change to their plans in the last two years and expect at least one change over the next two years. Also, an additional 14% that made no changes over the past two years are planning to make at least one change in the near future.
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