What optional SECURE 2.0 provisions are plan sponsor most likely to adopt? Fidelity recently invited over 2,000 plan sponsors to participate in a survey, SECURE 2.0 Optional Provisions Survey Insights, in order to obtain insight into client intentions and help ensure Fidelity's implementation strategy is aligned accordingly. Over 300 plan sponsors participated in the survey, representing a range of employer sizes and industries.

Auto-portability was selected as the best choice by plan sponsors in the manufacturing and finance sectors, while professional, technical and scientific services plan sponsors were more interested in unenrolled member disclosures and withdrawals for emergency expenses.

Of the plan sponsors who responded:

  • 60% expect to have a 6+ month adoption timeline for their selected optional provisions.
  • 80% are considering at least one of the firm's solutions to support SECURE 2.0 implementation, such as auto portability, self-certification and/or student debt match.
  • 90% show interest in adopting some optional provisions, with the greatest interest in adopting a high number of provisions in the large and tax-exempt plan spaces.

Related: SECURE 2.0 is all good with plan sponsors, but many still need guidance

Read on to learn more about the emerging trends and considerations for plan sponsors as you evaluate SECURE 2.0 optional provisions.

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