Morningstar turns detective to find gender from 5500s
Morningstar turns detective to find gender from 5500s What's in a name? Morningstar spends a lot of time trying to find out. Poring over Form 5500s to determine the gender of defined contribution plan administrators, Morningstar Inc. researchers usually had a relatively easy time distinguishing male vs. female. There was a strong probability that names like Jeffrey and Thomas are male and names like Cynthia and Angela are female, according a Morningstar report, "Wonder Women: Why Defined Contribution Plans Benefit From Female Plan Administrators." But what about Dana? Or Lee? Or Kelly? Or Les...