Presented by D. Hilton’s Debbie Hilton & Brian Kidwell at the 2019 Total Rewards Symposium….(read more)

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A Supplemental Executive Retirement Plan (SERP) survey is an important tool for employers to assess the effectiveness of their executive retirement plans. The survey is designed to measure the satisfaction of executives with the plan’s features, benefits, and overall performance. It also provides employers with valuable feedback on how to improve their plan and better meet the needs of their executives.

The survey typically consists of a series of questions that ask executives to rate their level of satisfaction with the plan in various areas. These questions may include topics such as the plan’s investment options, the level of financial security it provides, the ease of understanding the plan’s features, and the level of customer service provided. Additionally, the survey may ask executives to provide feedback on how the plan could be improved.

The survey results can provide employers with valuable insight into how their plan is performing and how it can be improved. It can also help employers determine if their plan is meeting the needs of their executives and if they are providing competitive benefits. This information can be used to make changes to the plan that are beneficial to both the employer and the executive.

Overall, a SERP survey is a valuable tool for employers to assess the effectiveness of their executive retirement plans. It provides employers with valuable feedback on how to improve their plan and better meet the needs of their executives. By taking the time to conduct a SERP survey, employers can ensure that their plan is meeting the needs of their executives and providing competitive benefits.