Consolidation of DC plans makes sense
We have significant experience in working with retirement plan sponsors from the corporate, non-profit, and governmental communities. I agree whole heartedly with the US Chamber of Commerce's newly released report which recommends that a single statutory retirement plan consolidate the 401(k), 403(b), and 457 plans. Through consolidation, greater competition will drive down vendor pricing in especially the 403(b) and 457 markets benefiting participants and plan sponsors. Girard Miller has a well written opinion piece on the topic at www.governing.com/articles/5miller.htm.