3,600 Large 401(k) Plans Have the Scale for Alternatives
If you're an alternatives manager trying to analyze or segment the defined contribution market, here's an important stat:
There are over 3,600 401(k) plans with over 100 participants that hold over $250MM in assets. These plans have a total of over $6 trillion. They have the scale to absorb an alternative option and the governance budget to evaluate it. Axiomatic Data can identify all of them, and what's on their current fund menu. DCALTA - Defined Contribution Alternatives Association is coming up.
Originally posted on LinkedIn.