Nonprofit and governmental defined contribution are increasing their share of total U.S. retirement assets, according to research from Cerulli Associates. (Photo: iStock)

Defined contribution plans in the public higher education sector could provide an area of opportunity for experienced providers in the United States.

That’s according to research from Boston-based Cerulli Associates, which said in its report “The Cerulli Edge — Retirement Edition, 2Q 2016” that nonprofit and governmental defined contribution plans are still increasing their share of total U.S. retirement assets. That’s in contrast to corporate defined contribution plans, which are experiencing negative net flows.

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