I\u2019m going to say something and that means J.D. Power will never sponsor one of my events, but those J.D. Power surveys on the best workplace plan providers are kind of worthless.<\/p>\n
J.D. Power offered a study behind their annual rankings. The study rated the financial services companies that manage workplace retirement plans. This year, the ratings were based on the responses of some 8,300 workers who participate in such a plan.<\/p>\n
The problem with these surveys isn\u2019t about who topped the rankings (Fidelity and Schwab are good people), it\u2019s the fact that these type of surveys are always stacked in favor of large, bundled providers. It seems that large unbundled providers such as my friends at Ascensus can\u2019t lead at the top nor can any other unbundled provider. Unbundled is still a great option for most plan sponsors and they\u2019re never represented at all in these surveys.<\/p>\n
Just my two cents.<\/p>\n
<\/span><\/p>","protected":false},"excerpt":{"rendered":" I\u2019m going to say something and that means J.D. Power will never sponsor one of my events, but those J.D. Power surveys on the best workplace plan providers are kind of worthless. J.D. Power offered a study behind their annual … Continue reading