Introduction
OneAmerica
2016 Asset Rank: 23 www.oneamerica.com
PROFILE | 2016 | 2015 | %Change |
---|---|---|---|
Assets ($MM) | $55,389 | $54,121 | 2.3% |
Plans | 11,556 | 11,881 | -2.7% |
Participants | 1,169,935 | 1,137,829 | 2.8% |
Plan Size | Participants | Plans |
---|---|---|
<$5MM | 265,997 | 10,093 |
$5MM – $25MM | 324,626 | 1,112 |
>$25MM – $100MM | 297,976 | 267 |
>$100MM – $500MM | 159,716 | 74 |
>$500MM | 121,620 | 10 |
Plans by Channel | |
---|---|
Direct sold | 0% |
Adviser sold | 50% |
Other | 50% |
Plans by Type | ||||
---|---|---|---|---|
401(k) | 35% | |||
403(b) | 46% | |||
457 | 8% | |||
Profit Sharing | 5% | |||
All Other | 6% |
Service Offerings | |
---|---|
New client restrictions | None |
Multiple service models | Yes |
Offers corporate trustee services | Yes |
Internal ERISA counsel | 8 |
Plan Administration | |
---|---|
360-degree payroll integration | Available to some clients |
Supports alternate IDs | No |
Supports fee equalization | Available to some clients |
Will act as §3(16) fiduciary | No |
Participant Services | |
---|---|
Call center hours | Weekdays: 7 a.m. - 11 p.m. ET Saturdays: 8 a.m. - 2 p.m. ET |
Online chat support | No |
Mobile app | No |
Outside account aggregation | Yes |
Advice Offerings | |
---|---|
Managed account options | ProNvest R.T. Jones/Artesys MasteryPOINT |
Offers financial wellness program(s) | Yes |
Retirement Income | |
---|---|
Income estimate on statements | No |
In-plan retirement income products | No |
Out-of-plan annuity bidding service | Yes |
Recordkeeping Platform | SunGard Omni SunGard Relius Schwab Retirement Technologies (SRT) WyStar |
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2017 Defined Contribution Recordkeeper Capabilities |
Provider Listing Key:
- New-client requirements vary and may include plan-size minimums or restrictions on the types of plans that will be accepted. Please contact providers for details.- ERISA (Employee Retirement Income Security Act) counsel equals the number of full-time equivalent legal staff available to opine on ERISA issues when needed. Additional fees may apply.
- Fee equalization reflects whether the recordkeeper may credit participants for revenue sharing paid by their investments that exceeds their share of the recordkeeping fee.
- Providers supporting 360-degree payroll integration accommodate direct, two-way communication of data with payroll vendors to simplify some aspects of plan administration. It may be available to "all clients" or "some clients," if certain conditions are met.
- In-plan retirement income products include guaranteed investment options specifically designed to produce a predictable level of income throughout retirement with no need to reinvest or withdraw assets from the plan.
- NR = not reported in time for publication; NA = not applicable to the provider.