For many employees, what to do with a 401(k) plan at retirement has been a foregone conclusion: Roll it over

For many employees, what to do with a 401(k) plan at retirement has been a foregone conclusion: Roll it over.

The opportunity to hang on to assets after employees retire -- and in turn keep costs down for the whole plan -- isn't lost on defined-contribution plan advisors. In  a 2021 Pimco survey of retirement plan consultants and advisors, 36% of firms said they were actively encouraging participants to stay put in their plans following retirement.