Pike RFP

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Build Your Menu for the Masses
• Research from Columbia University has found that participation drops as the
number of investment options increases. Why? Confusion increases!1
• A small percentage of participants typically have investment expertise; these
individuals can get access to alternative vehicles through assets outside of the plan
or self-directed brokerage accounts
• Our Recommendation:
– Offer 10-15 investment options for participant investment in defined
contribution menus*
• (*counts target-date or risk-based series as one choice)
1. Source: Christopher Carosa, CTFA 43