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This session will demonstrate how auditors can provide valuable information to defined contribution plan sponsors through the use of plan benchmarking. This session will explore the various plan benchmarking data that is available, how to select and compare appropriate benchmarks for your clients, and how to interpret the results to provide actionable feedback.
Learning Objectives:
Identify why plan benchmarking is such an important practice for plan sponsors.
Indicate the appropriate tools used in plan benchmarking.
Distinguish how to apply benchmarking data to provide actionable feedback to clients.
