DB plans’ returns drop 14% in 2022, worst since 2008: Report

Defined benefit plans in 2022 endured the worst performing year since the global financial crisis of 2008, new data shows, Plansponsor reports. Data across 1,500 defined benefit plans showed the median gross return for all defined benefit plans was negative 14.1% in 2022, compared to 2021’s positive performance of 14.6%, according to the study by Investment Metrics LLC.