Introduction
PlanMember Financial
www.planmember.comAssets ($MM) by Plan Type | ||||
---|---|---|---|---|
Ranked #57 | $2,191 | |||
401(k) | $2 | |||
403(b) | $2,099 | |||
457 | $47 | |||
NQDC | $0 | |||
All Other | $42 |
Participants by Plan Size | ||||
---|---|---|---|---|
Ranked #54 | 55,424 | |||
<$10MM | 35,956 | |||
$10MM – $50MM | 13,652 | |||
>$50MM – $200MM | 2,498 | |||
>$200MM – $1BMM | 3,318 | |||
>$1B | 0 |
Service Offerings | |
---|---|
New client restrictions | No company stock, no Taft-Hartley plans and no 457 top hat plans. |
Multiple service models | No |
Offers corporate trustee services | No |
Internal ERISA counsel | Internal and one consultant on retainer |
Will act as §3(16) fiduciary | Yes - via third party |
Participant Services | |
---|---|
Call center hours | Weekdays: 9 a.m. - 8 p.m. ET |
Online chat support | No |
Mobile app | No |
Managed account options | PlanMember Elite, Dimensional Fund Advisors, Russell & other options available |
Retirement Income | |
---|---|
Displays retirement income estimate on statements | No |
Offers in-plan guaranteed retirement income products | Yes |
Offers out-of-plan annuity bidding service | No |
Recordkeeping Platform Phoenix Systems* |
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*Data has been updated/revised since initial publication in PLANSPONSOR magazine. |