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.

Nationwide

www.nationwide.com
Assets ($MM) by Plan Type
Ranked #17$129,930
401(k)$38,597
403(b)$5,137
457 $78,082
NQDC$129
All Other$7,985
Participants by Plan Size
Ranked #132,595,587
<$10MM975,308
$10MM – $50MM287,276
>$50MM – $200MM302,220
>$200MM – $1BMM162,415
>$1B868,368
Plans by Channel
Direct sold
Intermediary sold
25%
75%
Service Offerings
New client restrictionsNo company stock; no Taft-Hartley plans
Multiple service modelsNo
Offers corporate trustee servicesYes
Internal ERISA counsel17
Will act as §3(16) fiduciaryNo
Participant Services
Call center hoursWeekdays: 8 a.m. - 11 p.m. ET
Saturday: 9 a.m. - 6 p.m. ET
Online chat supportNo
Mobile appNo
Managed account optionsStadion; other RIA-based options
Retirement Income
Displays retirement income estimate on statementsNo
Offers in-plan guaranteed retirement income productsNo
Offers out-of-plan annuity bidding serviceYes
Recordkeeping Platform FIS Relius