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.

AXA Equitable Life Insurance Company

us.axa.com/axa-products/retirement-planning/401k-403b-457b/for-plan-sponsors.html
Assets ($MM) by Plan Type
Ranked #28$30,995
401(k)$5,660
403(b)$23,423
457 $1,663
NQDC$0
All Other$249
Participants by Plan Size
Ranked #27930,864
<$10MM560,817
$10MM – $50MM260,953
>$50MM – $200MM109,094
>$200MM – $1BMM0
>$1B0
Plans by Channel
Direct sold
Intermediary sold
5%
95%
Service Offerings
New client restrictionsSome restrictions may apply; contact provider for details
Multiple service modelsNo
Offers corporate trustee servicesYes
Internal ERISA counsel2
Will act as §3(16) fiduciaryNo
Participant Services
Call center hoursWeekdays: 8 a.m. - 7 p.m. ET
Online chat supportYes
Mobile appYes
Managed account optionsProNvest
Retirement Income
Displays retirement income estimate on statementsNo
Offers in-plan guaranteed retirement income productsYes
Offers out-of-plan annuity bidding serviceNo
Recordkeeping Platform Proprietary system; FIS Omni / Relius; DST Systems TRAC
*Data has been updated/revised since initial publication in PLANSPONSOR magazine.