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.

Alliance Benefit Group*

www.abgnational.com
Assets ($MM) by Plan Type
Ranked #25$50,145
401(k)$40,407
403(b)$2,498
457 $966
NQDC$0
All Other$6,274
Participants by Plan Size
Ranked #26992,423
<$10MM522,723
$10MM – $50MM442,200
>$50MM – $200MM27,500
>$200MM – $1BMM0
>$1B0
Plans by Channel
Direct sold
Intermediary sold
60%
40%
Service Offerings
New client restrictionsNone
Multiple service modelsNo
Offers corporate trustee servicesYes
Internal ERISA counselVaries by office
Will act as §3(16) fiduciaryYes - via third party
Participant Services
Call center hoursWeekdays: 8 a.m. - 8 p.m. ET
Online chat supportYes
Mobile appVaries by office
Managed account optionsFinancial Engines; GuidedChoice; Morningstar/Ibbotson; Stadion
Retirement Income
Displays retirement income estimate on statementsVaries by office
Offers in-plan guaranteed retirement income productsNo
Offers out-of-plan annuity bidding serviceNo
Recordkeeping Platform FIS Omni / Relius; Schwab Retirement Tech (SRT)
*Alliance Benefit Group data are reported as of 6/30/2017. Data has been updated/revised since initial publication in PLANSPONSOR magazine.