Research

PLANSPONSOR's 2011 NQDC Buyer's Guide

Published in PLANSPONSOR December 2011

It is not surprising to find a certain nexus between the administrative underpinnings of today's deferred comp programs and that of the most widely utilized deferred compensation arrangement: the 401(k) plan. In fact, the services offered to participants in deferred compensation programs are much like those offered to qualified plans. This survey provides a listing of which plan types, financing vehicles and service channels each provider offers as well as a survey of plan sponsors' experiences with deferred compensation plans.

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Change in Control Events
1Wells Fargo190
2New York Life Retirement Plan Services31
3Vanguard15
4PEN-CAL Administrators11
5Diversified10
6MassMutual Financial Group10
7The Newport Group7
8Nolan Financial6
9ACS5
10Principal Financial Group4
11USI Consulting Group4
NQDC Participants
1ING Retirement1,462,453
2Fidelity Investments288,290
3T. Rowe Price Retirement Plan Services101,100
4ACS93,000
5NFP66,753
6MullinTBG, a Prudential Financial Co.66,381
7Wells Fargo59,909
8The Newport Group58,317
9Vanguard53,136
10J.P. Morgan Retirement Plan Services53,005
NQDC Recordkeeping Clients
1ING Retirement5,284
2Principal Financial Group2,470
3The Pangburn Group1,963
4NFP1,928
5Fidelity Investments1,292
6The Newport Group910
7PEN-CAL Administrators719
8Bank of America Merrill Lynch623
9Diversified583
10Wells Fargo506
Other NQ Assets (BOLI, Split Life, etc.)
1MullinTBG, a Prudential Financial Co.$11.7B
2The Newport Group$10B
3NFP$9.9B
4The Pangburn Group$5.1B
5The Todd Organization$3.8B
6PEN-CAL Administrators$2.5B
7ACS$595MM
8Nolan Financial$50MM
Rabbi Trusts Administered
1Fidelity Investments1,100+
2Wells Fargo1,077
3Bank of America Merrill Lynch619
4Principal Financial Group560
5Vanguard251
6Diversified150
7MassMutual Financial Group147
8Charles Schwab106
9USI Consulting Group67
10New York Life Retirement Plan Services66
Total Liabilities ($billions)
1ING Retirement$43.7B
2Fidelity Investments$26.6B
3MullinTBG, a Prudential Financial Co.$11.8B
4The Newport Group$8.9B
5NFP$7.8B
6ADP Retirement Services$7.2B
7T. Rowe Price Retirement Plan Services$6.9B
8PEN-CAL Administrators$6.7B
9Vanguard$5.4B
10Wells Fargo$4.5B

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NQDC BUYER'S GUIDE

It is not surprising to find a certain nexus between the administrative underpinnings of today's deferred comp programs and that of the most widely utilized deferred compensation arrangement: the 401(k) plan. In fact, the services offered to participants in deferred compensation programs are much like those offered to qualified plans. This buyer’s guide provides a listing of which plan types, financing vehicles and service channels each provider offers as well as a survey of plan sponsors' experiences with deferred compensation plans.