Pensions and benefits.

• Position: From the Library - Outlines report on defined contribution plans for the tax-exempt sector - Brief Article

"Defining Value: A Report on Defined Contribution Plans in the Tax-Exempt Sector"

Fidelity Investments Tax-Exempt Services Company, 2001.

This report provides an inside account of the evolution of defined contribution plans, based on data from a large vendor serving the public sector and other tax-exempt entities (e.g., higher education and not-for-profit organizations). Part 1 details past and projected trends in the DC environment, while Part 2 provides statistics on the 1.45 million participants served by Fidelity Investments Tax-Exempt Services Company. The trend data in Part 1 shows that DC participants contact the vendor primarily through the Internet, rather than via telephone. The report also projects a trend toward "aggregating," which would allow DC participants to view all accounts under their control, not just those managed by the vendor at the workplace. It envisions a "participant-centric" DC plan that...