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My mom's old workplace got rid of the DB they had, to change to DC. They had a vote on it and people were like "yeah I want control of my money" and then freaked out because they couldn't spend it on vacations and boats and cars. One was so upset he had to put the funds into RSPs rather then buy the boat he wanted that he saw a lawyer about it.
It was an industrial linens place, and folks working there were definitely not financially literate. Pretty sure some weren't even literate in English.
I'm in a DB, and can take an unreduced pension at 55. Company will probably throw packages at us to get us out earlier though.
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