Group 1 - Retirement savers are interested in investing in private assets within employer-provided retirement plans, but plan sponsors are adopting these options cautiously [1][4] - A report from Cerulli Associates indicates that it will take about a decade for 20% of defined-contribution plans to include target-date products or managed accounts that allocate to private market assets [1] - The appeal of private investments lies in potentially higher returns and diversification, but the actual adoption of these investments is slower than anticipated [2] Group 2 - Concerns regarding fees and potential legal issues are significant factors slowing the adoption of private market assets by plan sponsors, with over 80% citing cost as a major concern [4] - Recent initiatives include Goldman Sachs acquiring a $1 billion stake in T. Rowe Price to facilitate access to private assets for US retirees by mid-2026 through co-branded target-date funds [5] - BlackRock and other major firms like Empower, Voya Financial, and Blue Owl Capital are also planning to offer private equity, credit, and real estate in their retirement portfolios [6]