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
42
% Full outsourcing
95%
% DB and DC clients
40%
DB PLAN OVERVIEW
Total DB plans
47
% Frozen plans2
26%
% Cash balance plans
21%
% PLANS, BY NUMBER OF PARTICIPANTS
<100 Participants
39
100 – 1,000 Participants
4
1,001 – 10,000 Participants
4
>10,000 Participants
0
DB PARTICIPANT OVERVIEW
Total DB Participants
7,902
% Private/Corporate3
80%
% Public/Government
0%
% Retired participants
32%
% All interactions on web
NR
SPONSOR SERVICES OFFERED
Plan accounting / Master trust
Trust and custody services
P
Actuarial services
I
Investment management
P
Liability-driven investing
Investment consulting
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.
