When it comes to outfitting their 401(k) plan menus, sponsors suffer no shortage of options.

According to Judy Diamond Associates' recently developed Compass plan analytics tool, a premium add-on module that subscribers to JDA's Retirement Plan Prospector can access, plan advisors and sponsors can select from a universe of more than 650 fund families with more than 7,000 fund options. JDA is a business unit of ALM Media, BenefitsPro's parent company.

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Nick Thornton

Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.