Page 258 - DCAC Feb 2026 Files
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Evolution of Retirement Plans
                              1980s –  2020   2000 –  1990s  Advisors improved many  Plans typically offered  plans significantly, with  proprietary investment  greater fee transparency,  options and services were   objective selection of  paid with revenue sharing  investments, etc.   2000s  1990s –  Independent advisory firms  Most retirement plans were  were created to address the  administered by insurance  conflicts of inte












                                     The first 401(k) plan was  offered to the Johnson  Companies employees, and   many more followed  1980s











                              1981                                                                 1983: 7 Million
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