Page 176 - NovDefComp

Efficient Menus Create Better Outcomes

• Too many choices, or “choice overload”, can lead to decision-making

paralysis, anxiety and stress.¹

• A focused menu limits participant confusion and drives better

participant outcomes.²

• Investment menu options are fewer in number, but broader in scope,

allowing participants exposure to a broad array of asset classes.

¹The Paradox of Choice, Barry Schwartz
²Save More for Tomorrow, Shlomo Benartzi, UCLA Anderson School of Management, and Professor Richard Thaler, University of Chicago Booth School of Business.

For plan sponsor use only. Not for further distribution. 66