Introduction
Conduent HR Services, LLC.
DB CLIENT OVERVIEW | |
---|---|
Total DB admin clients1 | 118 |
% Full outsourcing | 64% |
% DB and DC clients | 2% |
DB PLAN OVERVIEW | |
---|---|
Total DB plans | 284 |
% Frozen plans2 | 28% |
% Cash balance plans | 15% |
% PLANS, BY NUMBER OF PARTICIPANTS | |
---|---|
<100 participants | 46 (16%) |
100 – 1,000 participants | 57 (20%) |
1,001 – 5,000 participants | 70 (25%) |
>5,000 participants | 111 (39%) |
DB PARTICIPANT OVERVIEW | |
---|---|
U.S. DB participants | 4,367,010 |
% Private/Corporate3 | 59% |
% Public/Government | 1% |
% Retired participants | 39% |
% All interactions on web | 95% |
SPONSOR SERVICES OFFERED | |
---|---|
Plan accounting / Master trust | E |
Trust and custody services | E |
Actuarial services | P |
Investment management | E |
Liability-driven investing | E |
Investment consulting | P |
PARTICIPANT ONLINE SERVICES | |
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Online initiation | |
Online elections | |
E-form processing | |
Online inquiry status | |
Online calculations4 | |
Comparison of online calculation |
I = Internal; E = External; P = Partnership; = Supports service as of publication date; NR = Not Reported in time for publication |
Footnote: |
1Includes both full outsourcing and partial outsourcing/co-sourcing arrangements; excludes investment-only, actuary-only and plan-consulting-only clients. 2 Includes partially frozen, soft-frozen and hard-frozen defined benefit plans. 3 Includes both single-employer and multi-employer/Taft-Hartley plans. 4 Reflects a provider's ability to provide actual/binding benefit calculations online; nearly all providers are able to offer nonbinding estimates of benefit accruals. |