Resource:

2017 Retirement Plan Trends in Today’s Healthcare Market

This report provides analysis to guide healthcare plan sponsors and their advisors as they benchmark their organizations in plan design and management.


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To attract talent away from other occupations, healthcare organizations have been updating their retirement benefits programs to look more like those found in the corporate sector, albeit with more complexity.

In this respect, healthcare organizations are in the same situation as other employers of the not-for-profit sector. The 2016 edition of this survey found fewer healthcare organizations sponsoring a 403(b) plan than before, and more organizations sponsoring a 401(k) plan than before. Current 401(k) plans accepting regular contributions and 401(k) plans accepting Roth contributions are both enjoying a surge in popularity. Like 403(b) plans, traditional defined benefit (DB) plans are also becoming scarcer as healthcare organizations look to freeze or terminate their current plans.

Retirement Plan Trends in Today’s Healthcare Market – 2016 is the 13th annual study conducted by Transamerica Retirement Solutions and the American Hospital Association. The study presents insight on current issues that impact defined contribution and defined benefit plans of healthcare organizations. The report provides analysis to guide healthcare plan sponsors and their advisors as they benchmark their organizations in many areas of plan design and management, in order to critically evaluate opportunities for improvement.