2019 Recordkeeping Survey

Breaking down the DC industry by plan type.


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Conrad Siegel

Assets ($MM)$3,066 52
Participants by Plan Size
$5MM – $25MM19,928
>$25MM – $100MM5,333
>$100MM – $500MM27,729
Plans by Channel
Direct sold Not reported
Intermediary sold Not reported
Assets ($MM) by Plan Type
457 $3
All Other$1,203
Service Offerings
New client restrictionsMinimum of 25 participants and $1.5 million in plan assets
Multiple service modelsNo
Offers corporate trustee servicesYes - direct offering
# of internal ERISA counsel1
Will act as §3(16) fiduciaryYes - direct offering
Participant Services
Call center hoursWeekdays: 8 a.m. - 6 p.m. ET
Online chat supportNo
Mobile appNo
Managed account optionsNone
Retirement Income
Displays retirement income estimate on statementsYes
Offers in-plan guaranteed retirement income productsNo
Offers out-of-plan annuity bidding serviceNo
Recordkeeping PlatformProprietary system
*Percentage of assets (not plans) by distribution channel, as reported in 2019 PLANADVISER Recordkeeper Services Guide.
1 7 8 9

Recordkeeping Survey Archive

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.