RK Survey 2012
May 29, 2012
(PLANSPONSOR.com) --
The defined contribution (DC) recordkeeping market is – and always has been –extremely competitive.
In 1999, our first Recordkeeping Survey covered 70 DC recordkeeping providers. Fourteen years later, the total providers under review has not changed much – we are now up to 72 – but their numbers have: the number of plans serviced is up 149%, plan assets have increased by 144%, and participation is up 63%.
2011 saw year-over-year growth in total plans, assets and participants for the DC recordkeeping industry, as well as the rise of mobile applications for plan sponsors and participants.
Although the tables above provide a wealth of
information, they contain only a small portion of each provider’s response to
the survey. To purchase an Excel spreadsheet that contains the full data-set of
responses from all 72 providers, including historical information, please
contact Michelle Judkins at mjudkins@assetinternational.com. Cost: $3,750.
editors@plansponsor.com