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
652
% Full outsourcing
100%
% DB and DC clients
61%
DB PLAN OVERVIEW
Total DB plans
661
% Frozen plans2
16%
% Cash balance plans
13%
% PLANS, BY NUMBER OF PARTICIPANTS
<100 Participants
569
100 – 1,000 Participants
90
1,001 – 10,000 Participants
2
>10,000 Participants
0
DB PARTICIPANT OVERVIEW
Total DB Participants
38,462
% Private/Corporate3
100%
% Public/Government
0%
% Retired participants
3%
% All interactions on web
>90%
SPONSOR SERVICES OFFERED
Plan accounting / Master trust
I P
Trust and custody services
I P
Actuarial services
I
Investment management
I E P
Liability-driven investing
I E
Investment consulting
I E 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.
