2015 PLANSPONSOR Defined Contribution Survey Standouts Announced

Eleven service providers to be recognized at the annual PLANSPONSOR/PLANADVISER Awards for Excellence dinner March 31.

In its annual Defined Contribution Survey, PLANSPONSOR asks defined contribution plan sponsors representing employers of all sizes from across the United States: How satisfied are you with your provider? 

After more than 5,000 responses were received and tabulated, 11 companies stood above the rest in PLANSPONSOR’s annual Defined Contribution Survey by accumulating the greatest number of Service “cups” in the survey’s six main asset classes ranging from “micro” plans with less than $5 million in assets to “mega” plans with more than $1 billion in assets. They are:

Plan assets <$5MM

  -Gold (tie): Correll Co.

  -Gold (tie): MBM Advisers

  -Bronze: BB&T

Plan Assets $5MM-$25MM

  -Gold: BB&T

  -Silver: BMO

  -Bronze: Securian

Plan Assets >$25MM-$50MM

 -Gold: Empower

  -Silver (tie): BofA Merrill Lynch

  -Silver (tie): Fidelity

Plan Assets >$50MM-$200MM

  -Gold: Milliman

  -Silver: BMO

  -Bronze: Empower

Plan Assets >$200MM-$1B

  -Gold: BofA Merrill Lynch

  -Silver: Transamerica

  -Bronze: Milliman

Plan Assets >$1B

  -Gold: Voya

  -Silver: Empower

  -Bronze: Transamerica

The survey results were profiled in the November 2015 issue of PLANSPONSOR magazine and the full provider results and scores can be viewed at http://www.plansponsor.com/2015-Defined-Contribution-Survey/.

The companies will be recognized at the annual PLANSPONSOR/PLANADVISER Awards for Excellence Dinner. This networking event celebrates the accomplishments of the best of the best in the retirement plan industry. Each year, the nation’s leading retirement plan sponsors and advisers, as well as the top product, investment and service providers are honored at this exclusive gathering, hosted at the beautiful Pier 60 in the Chelsea Pier complex, overlooking the Hudson River. 

“We created the Awards for Excellence dinner to recognize not only the standouts in the DC provider community, but we also honor plan sponsors, advisers and investment managers that demonstrated exceptional performance in 2015,” says Alison Cooke Mintzer, Editor-in-Chief of PLANSPONSORand PLANADVISER.

For more information about the dinner and list of winners, visit www.plansponsor.com/event/PSPAAwards2016.