The survey, titled “Retirement Plan Trends in Today’s Healthcare Market — 2010,” found that in 2010, 79 percent of plan sponsors reporting having an advisor, an increase over 2009. Thirty-seven percent of healthcare plan sponsors also employed on-site representatives, and 13 percent of sponsors relied on their plan provider to arrange for an auditor.
Vendor changes are on the rise as well. Respondents said they plan to change recordkeepers (11 percent), consolidate recordkeeping for multiple plans (9 percent), change advisors (8 percent), reduce the number of plan providers (4 percent) and consolidate investments for multiple plans (4 percent).
Read the survey on retirement plans from Diversified Investment Advisors (pdf).
Read more on employee benefits:
–North Carolina’s Haywood Regional Medical Center Pays Former CEO $150,000, Settles Lawsuit
–West Virginia Hospital Must Pay Employees $500K Following Lawsuit Over Pension, Benefits
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
