Defined contribution hirings and allocations kept rising in 1995, according to figures compiled by Eager & Associates, a management consulting firm.
Eager's 1996 Tracker Annual Report found placements in defined contribution plans rose nearly 40% from 1994; total dollars placed in defined contribution searches topped $14.5 billion. The report noted bundled providers - particularly mutual fund complexes continued their popularity. Fifty-two percent of searches involved adding options to existing plans, with equities being the most popular.
Among domestic equity placements, index and large-cap/core assignments were popular, according to the report. The dollar volume of international placements dropped to 17% from 33%.