Analyzing the Value of Managed Accounts

Managed accounts provides a structured way to deliver personalized investment and savings-rate guidance within DC plans.  

For the first time, we’ve examined managed accounts within the full complexity of real-world plan design and participant savings behavior—using millions of records across thousands of plans.  

This new research shows that managed accounts improves projected retirement outcomes, even after considering fees and features like auto-enrollment and auto-escalation. This result is largely driven by higher sustained savings rates and disciplined portfolio construction. 

The research also finds that managed accounts delivers the greatest value for younger, newer, lower- to middle-income, or self-directed participants.