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.

The Pangburn Group

www.pangburngroup.com
Assets ($MM) by Plan Type
Ranked #63$1,020
401(k)$0
403(b)$0
457 $41
NQDC$979*
All Other$3
Participants by Plan Size
Ranked #639,059
<$10MMNot reported
$10MM – $50MMNot reported
>$50MM – $200MMNot reported
>$200MM – $1BMMNot reported
>$1BNot reported
Plans by Channel
Direct sold
Intermediary sold
Not reported
Not reported
Service Offerings
New client restrictionsNonqualified plans only (i.e., 409A, 457(b), and 457(f) plans)
Multiple service modelsNo
Offers corporate trustee servicesNo
Internal ERISA counselNot reported
Will act as §3(16) fiduciaryNot reported
Participant Services
Call center hoursNot reported
Online chat supportNot reported
Mobile appNo
Managed account optionsProprietary system (NQDC only)
Retirement Income
Displays retirement income estimate on statementsNot reported
Offers in-plan guaranteed retirement income productsNot reported
Offers out-of-plan annuity bidding serviceNot reported
Recordkeeping Platform Proprietary system (NQDC only)
*Data has been updated/revised since initial publication in PLANSPONSOR magazine.