Sunday Afternoon Learning Opps

Capital Group Corporate Showcase

Blueprint for Creating an Effective and Cost-Efficient 403(b) Plan

  • Sunday, July 30
  • 03:45 PM - 05:00 PM
  • Minneapolis Conv Ctr
  • 205C
  • BMO


Toni Brown

Senior Vice President, Defined Contribution

American Funds, part of Capital Group

San Francisco, California

Diane Improta


Mercer Investment Consulting LLC

Norwalk, Connecticut

Leslie Schlaegel

Associate Vice President, Benefits

Stanford University

Palo Alto, California


As fiduciaries, retirement plan sponsors are entrusted with the duty of protecting their participants’ assets. One way to maximize assets is to consolidate recordkeeping vendors and investment options, thereby gaining economies of scale and lowering costs. In this session, presenters will focus on actions to help universities develop reasonable processes for evaluating consolidation options, with an eye toward simplification, and share case studies demonstrating how they have managed these issues for 403(b) plans.

Learning Objectives

  • Articulate a reasonable end goal for a recordkeeper and investment option structure.
  • Recognize best practices related to evaluating recordkeepers and investment options.
  • Examine how some institutions have implemented meaningful improvements to their 403(b) plans.