Retirement Plan Trends in Today's Healthcare Market
Transamerica surveyed 150 healthcare benefit managers and executives to learn more about how they're designing retirement programs to improve employee financial wellness.
Our exclusive survey compares plans across the broader industry and offers five key takeaways for sponsors and their advisors.
ON THE RISE... 84% of healthcare organizations report being satisfied with their Total Retirement Outsourcing (TRO) arrangement.
-TRANSAMERICA'S RETIREMENT PLAN TRENDS IN TODAY’S HEALTHCARE MARKET
Indicators of plan success
While participation rates are still viewed as the best indicator of plan success, healthcare organizations are also recognizing the importance of metrics that gauge retirement readiness.
Participant rate – 49%
Plan operating costs – 2%
Retirement savings gap – 2%
Participant rate – 33%
Plan operating costs – 14%
Retirement savings gap – 10%
Wendy Daniels, Transamerica Vice President and Director of Retirement Strategy & Not-For-Profit Practice Leader, offers insight into the latest retirement plan trends in the healthcare market. Discover the five key takeaways for plan sponsors and their advisors.