09.08.26

401(k) Sponsors Increasingly Rely on Advisors: Study

by: Rob Burgess

Fidelity Investments’ 17th annual Plan Sponsor Attitudes Study found that 93% of plan sponsors work with advisors as they navigate plan design, investment decisions, market complexity and retirement strategy. Nearly 70% say their plans are meeting objectives, while 41% now prefer advisors to have full discretion over investment menus, up from 36% in 2025. Advisors are expanding services, particularly financial planning, benefits consulting, employee education and managed accounts. Confidence in participant retirement readiness also increased, with 79% believing employees are saving enough, up 12 percentage points from last year.

Read the full article on Think Advisor