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May 18, 2011 at 08:00 PM
Participation in larger non-qualified deferred compensation (NQDC) plans increased sharply in 2010, according to MullinTBG.
MullinTBG, Los Angeles, a unit of Prudential Financial Inc., Newark, N.J. (NYSE:PRU), has published that finding in a summary of results from a new survey of NQDC programs sponsors.
Overall NQDC plan participation fell to about 46% in 2010, from 50% in 2009, but participation at plans with at least 250 participants increased to 57%, from 44%, MullinTBG says.
Only about 18% of NQDC plan sponsors are thinking about guaranteed lifetime income options.
