Don’t look now—your plan sponsors are about to break up with you. So says the latest Cogent Reports™ Retirement Planscape® survey of 1,471 401(k) plan sponsors. The report reveals that 40 percent of plan sponsors are very likely to initiate a formal review of their plans over the next year. Plus, 11 percent are already planning a move to a different retirement plan provider.

While that may sound like bad news, to the smart retirement advisor its opportunity knocking. Considering the current US-based 401(k) retirement plan assets are an estimated $4.4 trillion according to the Investment Company Institute, that means a lot of defined contribution assets, $460 billion, are about to be looking for a new home.

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