RT Journal Article
SR Electronic
T1 Passive Options in DC Plans: <em>Do Plan Participants</em>
               <br/>
               <em>Have Access to Indexing?</em>
JF The Journal of Index Investing
FD Institutional Investor Journals
SP 50
OP 54
DO 10.3905/jii.2012.2.4.050
VO 2
IS 4
A1 Peter Tsui
A1 Philip Murphy
A1 Srikant Dash
YR 2012
UL https://pm-research.com/content/2/4/50.abstract
AB Do defined contribution (DC) plan participants have access to passive funds? As the importance of DC plans grows in the retirement market, the availability of index fund choices assumes greater significance. In this article, the authors conduct a survey of various plans tiered by size to evaluate access of index funds for plan participants. Findings show that the ubiquitous availability of S&amp;P 500 Index funds often results in inflated perceptions regarding the availability of passive options. Access to index funds in other asset classes, especially mid- and small-caps, is much more limited. The authors also find that deployment rates of index funds are generally higher in mega and large plans than in smaller plans and that there is a negative correlation between the number of lineup options and the availability of index funds.TOPICS: Passive strategies, mutual funds/passive investing/indexing, retirement