Introduction
Alight Solutions
www.alight.comAssets ($MM) by Plan Type | ||||
---|---|---|---|---|
Ranked #5 | $410,354 | |||
401(k) | $348,582 | |||
403(b) | $7,280 | |||
457 | $751 | |||
NQDC | $4,081 | |||
All Other | $49,120 |
Participants by Plan Size | ||||
---|---|---|---|---|
Ranked #7 | 4,698,000 | |||
<$10MM | 0 | |||
$10MM – $50MM | 0 | |||
>$50MM – $200MM | 98,000 | |||
>$200MM – $1BMM | 622,000 | |||
>$1B | 3,978,000 |
Service Offerings | |
---|---|
New client restrictions | None |
Multiple service models | No |
Offers corporate trustee services | No |
Internal ERISA counsel | 4 |
Will act as §3(16) fiduciary | No |
Participant Services | |
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Call center hours | Weekdays: 8 a.m. - 8 p.m. ET |
Online chat support | Yes |
Mobile app | Yes |
Managed account options | Financial Engines; Alight Financial Advisors |
Retirement Income | |
---|---|
Displays retirement income estimate on statements | Yes |
Offers in-plan guaranteed retirement income products | Yes |
Offers out-of-plan annuity bidding service | No |
Recordkeeping Platform Proprietary system; FIS Omni |
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*Data has been updated/revised since initial publication in PLANSPONSOR magazine. |