Private Pensions: GAO Survey of 401(k) Plan Sponsor Practices (GAO-08-870SP, July 2008), an E-supplement to GAO-08-774

Plan Design

  Please answer the following questions for your company's largest 401(k) plan if it has more than one plan.
 

5. How many committees manage your company's 401(k) plan?
(Select one.)
1.
2.
3. (Click here to skip to Question 6.)
4. (Click here to skip to Question 6.)
5.

  5a. How many people serve on the committee(s) that manages your company's 401(k) plan?
 

  5b. Who serves on the committee(s) that manages your company's 401(k) plan?
 
    Yes No No response
  a. Human resources personnel
  b. Finance personnel (including personnel engaged in finance, treasury, or investment functions)
  c.Senior management
  d. Attorney/general counsel
  e. Other (Please provide your answer in the space provided below.)
  f. Not sure
   

  If you selected "Other," please provide additional information for your response here.
   

6. Who is the primary decision-maker for determining investment goals and objectives for your company's 401(k) plan?
(Select one.)
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  If you selected "Other," please provide additional information for your response here.

7. Does your company's 401(k) plan have a written investment policy statement?
(Select one.)
1.
2. (Click here to skip to Question 8.)
3. (Click here to skip to Question 8.)
4.

  7a. If yes, who was the primary decision-maker for establishing a written investment policy statement?
(Select one.)
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11.

  If you selected "Other," please provide additional information for your response here.

8. Who is the primary decision-maker for selecting the menu of investment options for your company's 401(k) plan?
(Select one.)
1.
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  If you selected "Other," please provide additional information for your response here.

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