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    2010 Defined Contribution Survey

    PS1110-120-x-158_cvr.jpg Nov 13, 2010 (PLANSPONSOR.com) --

    For more than a decade, PLANSPONSOR's annual Defined Contribution Survey has been the most important industry benchmark, measuring and evaluating 401(k) and other DC providers according to feedback from their own clients. Dozens of categories are rated in service to the employer as well as participant service.


    editors@plansponsor.com

    2010 Defined Contribution Survey

    OneAmerica (AUL)

    591 Responses (n/a of total plans)

    Respondents
    Micro  <$5MM86.3%
    Small  $5MM-$50MM13.2%
    Mid  $50MM-$200MM0.2%
    Large  $200MM-$1B0.3%
    Mega  >$1B0.0%
    Participant ServicesScoreBest In Class
    Micro  <$5MM91.7%1
    Small  $5MM-$50MM93.1%7
    Mid  $50MM-$200MM0.0%0
    Large  $200MM-$1B0.0%0
    Mega  >$1B0.0%0
    Sponsor ServicesScoreBest In Class
    Micro  <$5MM92.8%0
    Small  $5MM-$50MM95.3%9
    Mid  $50MM-$200MM0.0%0
    Large  $200MM-$1B0.0%0
    Mega  >$1B0.0%0
    Recommendation Likelihood
    Extremely Likely75.8%
    Moderately/Slightly21.0%
    Neutral2.2%
    Recommended Against1.0%
    Client Tenure
    More than seven years44.9%
    Five to seven years12.4%
    Three to five years18.6%
    Less than three years24.1%
    Respondent Metrics and Plan Design
    Average participation rate65.4%
    Clients with auto-enrollment21.0%
    Clients having written IPS42.0%
    Clients using adviser60.0%
    Top 2 Industries Represented
    1. Industrial Products10.7%
    2. Health Care (non-profit)10.3%









     

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