2018
Plan Administration Guide, Part Two: Recordkeeping Survey

Breaking down the DC industry by plan type.

Introduction

As a complement to our Defined Contribution Survey—which measures how satisfied DC clients are with their providers—our annual Recordkeeping Survey gives employers the chance to see exactly which products and services each provider offers, as well as listing information on total assets and overall client demographics. This survey, as opposed to the DC survey, is comprised of data collected from the providers themselves.

GuideStone Financial Resources

www.GuideStone.org
Assets ($MM) by Plan Type
Ranked #38$11,843
401(k)$78
403(b)$11,657
457 $43
NQDC$65
All Other$0
Participants by Plan Size
Ranked #42198,903
<$10MM28,873
$10MM – $50MM26,163
>$50MM – $200MM20,327
>$200MM – $1BMM10,500
>$1B113,040
Plans by Channel
Direct sold
Intermediary sold
0%
100%
Service Offerings
New client restrictionsNo company stock or Taft-Hartley; minimum $50,000 in plan assets
Multiple service modelsYes
Offers corporate trustee servicesYes
Internal ERISA counsel0
Will act as §3(16) fiduciaryNo
Participant Services
Call center hoursWeekdays: 7 a.m. - 6 p.m. ET
Online chat supportYes
Mobile appYes
Managed account optionsNone
Retirement Income
Displays retirement income estimate on statementsNo
Offers in-plan guaranteed retirement income productsNo
Offers out-of-plan annuity bidding serviceNo
Recordkeeping Platform FIS Omni / Relius
*Data has been updated/revised since initial publication in PLANSPONSOR magazine.