Designed for Savings

Despite economic headwinds, combined contributions climbed 6% to $9,670 average since 2022, with members contributing $5,120 and sponsors adding $4,550 on average.

Target date funds share of assets grew from 29% in 2018 to 42% in 2024 and now capture 52% of new contributions. Their appeal lies in delivering professional portfolio management and automated age-appropriate risk adjustment in a single, simple decision for plan members.

Q1 2025's market volatility tested member resolve and demonstrated their discipline. A small percentage of members with large balances reduced their risk exposure, while the vast majority maintained plan participation and avoided emotional withdrawals. Group plan structure encourages long-term thinking over short-term reactions.

Outcomes from Sun Life's 360 Plan Advice and Sun Life One Plan show how members who engage with advisors are 70% more likely to take a positive financial action.