Introduction
VALIC
www.VALIC.comAssets ($MM) by Plan Type | ||||
---|---|---|---|---|
Ranked #20 | $73,640 | |||
401(k) | $2,728 | |||
403(b) | $53,485 | |||
457 | $8,485 | |||
NQDC | $0 | |||
All Other | $8,942 |
Participants by Plan Size | ||||
---|---|---|---|---|
Ranked #16 | 1,999,976 | |||
<$10MM | 735,204 | |||
$10MM – $50MM | 475,941 | |||
>$50MM – $200MM | 442,050 | |||
>$200MM – $1BMM | 302,787 | |||
>$1B | 43,994 |
Service Offerings | |
---|---|
New client restrictions | No company stock; no Taft-Hartley plans |
Multiple service models | Yes |
Offers corporate trustee services | Yes |
Internal ERISA counsel | 5 |
Will act as §3(16) fiduciary | Yes - via third party |
Participant Services | |
---|---|
Call center hours | Weekdays: 8 a.m. - 5 p.m. ET Saturdays: 10 a.m. - 5 p.m. ET |
Online chat support | No |
Mobile app | Yes |
Managed account options | Proprietary offering |
Retirement Income | |
---|---|
Displays retirement income estimate on statements | No |
Offers in-plan guaranteed retirement income products | No |
Offers out-of-plan annuity bidding service | Yes |
Recordkeeping Platform Proprietary system |
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*Data has been updated/revised since initial publication in PLANSPONSOR magazine. |