Defined Contribution
Retirement Solutions for People, Plans and Policy
Our Philosophy
Anchored in ongoing research and driven by more than 30 years of defined contribution (DC) investment, public policy, and behavioral insights, State Street takes an integrated approach to addressing the challenges surrounding retirement readiness. We serve relationships that span the retirement industry, including leading defined contribution plan sponsors, consultants, advisors and recordkeepers.
Created for the individual, harnessing the expertise of many and informed by global insight, State Street’s retirement solutions are bringing new ideas to a new retirement era.
DC Plan Assets 1
Participants 2
Managing DC Plan Assets 4
Proudly serving more than half of these top-tier corporations 3
Latest Thinking
The review follows a consistent and transparent framework to reassess the capital market expectations and demographic assumptions that underpin the glidepath, while also evaluating new asset classes and investment themes for inclusion in the investor portfolios. The process is grounded in three key criteria: desirability, suitability and investability.
Over the past 27 years, the Department of Labor (DOL) has released several guidance documents about ESG investing. While spectators have watched the ESG policy ping pong match play out since the Clinton administration, new DOL guidance – expected imminently – could put the ESG ball squarely in DC plan sponsors’ court.
This year, State Street surveyed 1,000 US DC plan participants to gauge communication preferences, plan engagement and investment knowledge. In response, participants called for digital content, decumulation strategies and the demystification of target date funds.
Independent Fiduciary Services
In addition to delivering plan design, investment management, participant education and policy advocacy, our team offers Independent Fiduciary Services for employee benefit plans, including services for employer stock funds in both DC and defined benefit plans and pension risk transfer transactions.