2018 DC Survey Standouts
Fourteen service providers to be recognized at the annual PLANSPONSOR/PLANADVISER Awards for Excellence dinner March 28th, 2019.
Through PLANSPONSOR’s annual Defined Contribution Survey, 14 providers received the highest marks when defined contribution (DC) plan sponsors of all size plans nationwide answered the following question: How satisfied are you with your provider?
Nearly 3,500 responses were received and tabulated, 14 companies accumulated 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 listed below; the numbers in parentheses are the number of best-in-class (BIC) awards.
The survey results relating to provider satisfaction will be published in the February–March 2019 issue of PLANSPONSOR. The industry data from the same survey were profiled in the October–November 2018 issue of PLANSPONSOR magazine and can be viewed in the 2018 PLANSPONSOR DC Benchmarking Survey.
The companies will be recognized at the annual 2019 PLANSPONSOR/PLANADVISER Excellence in Retirement Awards dinner event in New York City. 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 2018,” says Alison Cooke Mintzer, editor-in-chief of PLANSPONSOR and PLANADVISER.
For more information about the dinner and list of winners, visit here.
Micro (<$5MM)
-
AWARDS20Correll Co.
gold -
17Securian Financial
silver -
16Ascensus
bronze
Small A ($5MM–$25MM)
-
AWARDS20Securian Financial
gold -
16Ascensus
silver -
16Sentinel Benefits & Financial Group
silver
Small B (>$25MM–$50MM)
-
AWARDS21Empower Retirement
gold -
20Newport Group
silver -
14Charles Schwab
bronze
Mid (>$50MM–$200MM)
-
AWARDS18Bank of America Merrill Lynch
gold -
16John Hancock Retirement Plan Services
silver -
14Charles Schwab
bronze
Large (>$200MM–$1B)
-
AWARDS21Milliman, Inc.
gold -
16Bank of America Merrill Lynch
silver -
16VALIC
silver
Mega (>$1B)
-
AWARDS23Charles Schwab
gold -
15Voya Financial
silver -
12T. Rowe Price
bronze