Defined Benefit Plans in the Investment Metrics Plan Sponsor Universes posted a median net return of -4.5% and -18.2% for the third quarter and year to date ending September 30, respectively. This marks the first time since 2009 that defined benefit plans posted three straight quarters with negative performance.
Corporate defined benefit plans delivered the poorest performance for quarter, with a median net return of -5.8%. Health & Welfare plans had the best relative performance with a median net return of -2.5%.
Investment Metrics Plan Universe is the industry’s most granular analytics tool for plan sponsors including standard and custom peer group comparisons of performance, risk, and asset allocations by plan type and size. The data is sourced directly from over 4,000 institutions using our reporting and analytics solutions including investment consultants, advisors and asset owners. Plan Universe is updated quarterly typically available on or near the following schedule: preliminary data available on the 14th business day after quarter end, a second cut on the 21st business day and final cut on the 29th business day.
Preliminary Peer Group Size:
All Defined Benefit: 597, Corporate: 112, Public: 216, Taft-Hartley: 188, End. & Fnd: 590, Health & Welfare: 104
Disclaimer
The material presented in this document is an assessment of the market environment as of the date indicated; is subject to change; and is not intended to be a forecast of future events or a guarantee of future results. This information should not be relied upon by the reader as research or investment advice regarding any funds or any issuer or security or similar.
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Investment Metrics does not provide investment advice and nothing in this document should be considered any form of advice.
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