Mid-Size Plan Returns Shrink in 2001

March 8, 2002 (PLANSPONSOR.com) - Median returns for mid-size defined benefit pension funds in the Independent Consultants Cooperative (ICC) Universe last year were lower than in 2000, according to Deutsche Bank's Performance Analytics group.

The group, part of the Bank’s Global Securities Services unit, reports that in 2001 the median returns for mid-size plans were:

  •  -1.5% for public plans
  • -2.8% for corporate plans
  • -1.1% for Taft-Hartley plans

Midsize plans have total assets between $50 million and $500 million. 

The estimates are based on the master trust data within the Independent Consultants Cooperative portfolio return and holdings database, the ICC Universe, which includes over 13,900 portfolios, in all asset classes, with an aggregate market value of $780 billion.

The portfolios are owned by approximately 1,300 plan sponsors. Sixteen consulting firms belong to the ICC.

Deutsche Bank includes its trust and custody portfolios in the ICC Universe and administers the service.