Page 259 - DCAC Feb 2026 Files
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2020 Advisors improved many plans significantly, with greater fee transparency, objective selection of 2024: 109 Million
2000 – investments, etc.
2000s Independent advisory firms were created to address the conflicts of interest and transparency issues 2019: 80 Million
1990s Plans typically offered proprietary investment options and services were paid with revenue sharing 1990s – Participants: 7
Evolution of Retirement Plans
1980s – Most retirement plans were administered by insurance and mutual fund companies 1993: 39 Million
The first 401(k) plan was offered to the Johnson Companies employees, and many more followed 1980s
1981 1983: 7 Million
