ADVISOR PERSPECTIVES, PRACTICAL BARRIERS, AND THE PATH FORWARD
THIS REPORT SUMMARIZES FINDINGS OF A DC PLAN ADVISOR SURVEY ON THE EMERGING USE
OF PRIVATE MARKET INVESTMENTS IN DEFINED CONTRIBUTION (DC) PLANS. ADVISORS SHOW
EARLY‑STAGE INTEREST AMONG SELECT PLAN SPONSORS, WITH LIQUIDITY, VALUATION, AND
FIDUCIARY RISK REMAINING CENTRAL CONCERNS. MOST EXPECT PRIVATE MARKETS TO
ENTER DC PLANS THROUGH PROFESSIONALLY MANAGED, MULTI‑ASSET SOLUTIONS AND
TARGET‑DATE FUNDS—RATHER THAN STAND‑ALONE OPTIONS.
