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.