QDIA Selection & Evaluation
Resources to help select and evaluate this critical plan choice
One of the most important decisions a qualified plan fiduciary will make is selecting the plan's Qualified Default Investment Alternative (QDIA). Once selected, the QDIA should be reviewed periodically for suitability as well as any time the plan undergoes a significant change or the participant base changes dramatically. Use our resources to help select and evaluate this critical plan choice.
Resources for You
Portfolio Manager Engagement
Direct engagement with the QDIA provider’s portfolio management team on a periodic basis is a consistent best practice. With large majorities of flows to plans’ QDIAs, fiduciaries should hear directly from portfolio managers on performance, glide path in the case of target-date investments, risk management and asset allocation. Through due diligence sessions, committee meetings and/or strategy conference calls, plan sponsors should expect stronger presence from their QDIA manager.
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This material has been prepared for educational purposes only. It is not intended to provide, and should not be relied upon for, investment, accounting, legal or tax advice.