DC plans offer sponsors many options to help employees achieve their retirement savings goals. The materials here may help you more effectively manage your DC plan to better address participant expectations and concerns as they plan for retirement.
The Path Forward Series
Ongoing research to help DC plan sponsors implement best-in-class answers to the complex challenges they face.
Watch these five minute presentations that accompany the paper, "The Path Forward II: Engaging the Younger Employee."
View Chapter 1: Overview
View Chapter 2: Near-Term Actions
View Chapter 3: Medium-Term Actions
View Chapter 4: Long-Term Actions
Insights into DC Plan Expenses
Plans sponsors must assess the impact of expense structures on participant accumulation in DC plans.
The Defined Contribution Plan Transition: Successfully Restructuring Assets in the DC World
Proper preparations will help plan sponsors successfully restructure defined contribution plan assets.
Jim Danaher is a Senior Vice President and Managing Director of Defined Contribution Solutions at Northern Trust in Chicago. His primary responsibilities include directing the structure, implementation and maintenance of investment products for defined contribution plans. This includes managing research to identify new investment products, enhancing existing offerings, including target retirement date investments, and developing new distribution strategies to the marketplace.
He serves as a conduit between investment teams that include portfolio management and investment strategy, and Northern Trust’s distribution groups. He is a member of the Northern Trust Defined Contribution Investment Policy Committee, which oversees the management of the Northern Trust Focus Funds, Northern Trust's flagship target retirement date series. He guides Northern Trust’s ongoing defined contribution research series, the Path Forward, and continually authors research on defined contribution plans for Northern Trust's Asset Management publication, Point of View.
Prior to joining Northern Trust in 2008, Jim was an investment advisor with Aon Investment Consulting. His primary responsibilities included the sales and support of investment policy development, fund evaluation and management searches, and investment education strategies for qualified retirement plans.
He has more than 20 years of experience in providing guidance to plan sponsors for their defined contribution programs. He has testified before the ERISA Advisory Council’s Working Group on Financial Literacy of Plan Participants and the Role of the Employer. He has worked with several large employers in the financial services, hospitality and telecommunications industries. His largest client engagement to-date involved a defined contribution program with more than 200,000 participants. Jim attended St. Louis University and has attained his FINRA Series 6 and 63 registrations. He is a member of the Defined Contribution Institutional Investment Association.