To develop an effective investment strategy and construct an appropriate offering, we believe it is important for fiduciaries of defined contribution (DC) plans to understand the needs and objectives of their plan's membership and how these may differ across the membership. This can lead to an improved DC offering, which is more member-focused, takes into account the specific considerations of the membership and adapts engagement policies accordingly. Segmenting membership can also provide guidance for the design and construction of an investment choice/default framework and strategy, an overarching glide-path design and an engagement strategy that relate to member needs.