Like our Recordkeeping Survey on the defined contribution side of the market, the DB Administration Survey showcases providers in the DB market—who the major players are, who they serve, what services they provide. Also included is information on overall market sizing.
Like our Recordkeeping Survey on the defined contribution side of the market, the DB Administration Survey showcases providers in the DB market—who the major players are, who they serve, what services they provide. Also included is information on overall market sizing.
DB CLIENT OVERVIEW
Total DB admin clients1
171
% Full outsourcing
2%
% DB and DC clients
77%
DB PLAN OVERVIEW
Total DB plans
188
% Frozen plans2
36%
% Cash balance plans
2%
% PLANS, BY NUMBER OF PARTICIPANTS
<100 Participants
132
100 – 1,000 Participants
44
1,001 – 10,000 Participants
12
>10,000 Participants
0
DB PARTICIPANT OVERVIEW
Total DB Participants
37,830
% Private/Corporate3
78%
% Public/Government
22%
% Retired participants
NR
% All interactions on web
0%
SPONSOR SERVICES OFFERED
Plan accounting / Master trust
E P
Trust and custody services
I P
Actuarial services
I
Investment management
P
Liability-driven investing
P
Investment consulting
P
PARTICIPANT ONLINE SERVICES
Online initiation
Online elections
E-form processing
Online inquiry status
Online calculations
Saved DB calcs online
I = Internal; E = External; P = Partnership; NR = Not Reported in time for publication
Footnote:
1 - Includes both full outsourcing and partial outsourcing/co-sourcing arrangements; excludes investment-only, actuary-only and plan consulting-only clients.
2 - Includes partially frozen, soft-frozen and hard-frozen defined benefit plans.
3 - Includes both single-employer and multi-employer/Taft-Hartley plans.
