Introduction
Prudential Retirement
www.prudential.comAssets ($MM) by Plan Type | ||||
---|---|---|---|---|
Ranked #9 | $215,744 | |||
401(k) | $152,896 | |||
403(b) | $14,596 | |||
457 | $23,613 | |||
NQDC | $16,472 | |||
All Other | $8,167 |
Participants by Plan Size | ||||
---|---|---|---|---|
Ranked #11 | 3,002,095 | |||
<$10MM | 81,358 | |||
$10MM – $50MM | 331,337 | |||
>$50MM – $200MM | 689,405 | |||
>$200MM – $1BMM | 768,855 | |||
>$1B | 1,131,140 |
Service Offerings | |
---|---|
New client restrictions | Minimum of 250 participants or $8 million in plan assets |
Multiple service models | Yes |
Offers corporate trustee services | Yes |
Internal ERISA counsel | Not reported |
Will act as §3(16) fiduciary | Not reported |
Participant Services | |
---|---|
Call center hours | Weekdays: 8 a.m. - 9 p.m. ET |
Online chat support | No |
Mobile app | Yes |
Managed account options | Morningstar/Ibbotson |
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 FIS Omni |
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*Data has been updated/revised since initial publication in PLANSPONSOR magazine. |