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An emerging trend in 401(k) plans is a growing interest on the part of plan sponsors in keeping participant assets in plan even after participants retire. That’s according to PIMCO’s recent 15th annual defined contribution consulting survey. Three-fourths of responding plan sponsors said they prefer to keep participant assets in plan after participants enter retirement, up from less than half in 2015.

For plans seeking to hold onto such assets, the most popular plan consultant recommendations included allowing flexibility in income distribution, adding retirement education/tools and communicating the value of staying in plan.

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