Summary: Massive study by Larkspur-RiXtrema uncovers deficiencies and shows opportunities. On this podcast you will find out about this historic study. We undertook first of a kind research study by looking at 52,529 qualified plan lineups. Using quantitative methods, we distinguished true active funds vs. ‘closet indexers’. Turns out that majority of funds held by retirement plans are not truly active funds and could be replaced with passive funds. However, a pileup into passive funds will create a very fragile financial market. Learn our conclusions and recommendations for the coming realignment.