Outsourcing Defined Benefit Plans

Over the past two decades, plan sponsors have accepted the outsourcing of defined contribution plan functions as the best way to manage such plans. In fact, few organizations today would consider not outsourcing their defined contribution plans. They have learned that outsourcing plan functions can add flexibility, functionality, and expertise while decreasing administrative and management costs. Defined benefit plans can be outsourced as well, and there are several ways to do so.