One of the first tools dedicated to analysis and selection of core menu investments for defined contribution plans
J.P. Morgan Asset Management announced the launch of the Core Menu EvaluatorSM, enabling financial professionals to analyze, compare and select defined contribution core menu investments quickly, thoroughly and objectively. The importance of core menu selection to plan advisors and plan sponsors is highlighted by research revealing that more than 70 percent of 401k assets are held outside of target date funds as of year-end 20181.
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The tool is one of the first designed specifically for defined contribution plans, allowing users to better understand a plan’s core investments by assessing portfolio composition, risk, performance and fee structure. Users can also utilize the tool to easily customize data and reports to share with plan sponsors.
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The Core Menu Evaluator adds to J.P. Morgan’s suite of digital DC tools and resources that allow advisors to review/select the most appropriate QDIA, assess core menu investments and review pricing for a bundled service via the firm’s newly-launched Retirement Plan Tools & Resources landing page.
“We understand that retirement portfolios are only as strong as the investment choices available, and the Core Menu Evaluator has been specifically designed to make it simple for financial professionals to quickly, thoroughly and objectively assess investments,” said Michael Miller, Head of Retirement Americas at J.P. Morgan Asset Management. “This new tool builds on our one-stop-shop of digital retirement resources including Target Date Compass® and Price SmartSM, which have been developed to empower better decisions and build stronger retirement plans.”
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