2019 Recordkeeping Survey

Breaking down the DC industry by plan type.

Providers

To access this premium content, please sign up for a free account!

ICMA-RC

www.ICMARC.org
PROFILE2018RANK
Assets ($MM)$46,516 26
Plans6,91823
Participants1,220,97024
Participants by Plan Size
<$5MM175,907
$5MM – $25MM192,011
>$25MM – $100MM225,409
>$100MM – $500MM392,441
>$500MM235,202
Plans by Channel
Direct sold Not reported
Intermediary sold Not reported
Assets ($MM) by Plan Type
401(k)$1,280
403(b)
457 $34,687
NQDC
All Other$10,549
Service Offerings
New client restrictionsPublic sector only
Multiple service modelsYes
Offers corporate trustee servicesYes - via partnership/other strategy
# of internal ERISA counsel3
Will act as §3(16) fiduciaryNo
Participant Services
Call center hoursWeekdays: 8:30 a.m. - 9 p.m. ET
Online chat supportNo
Mobile appYes
Managed account optionsMorningstar/Ibbotson
Retirement Income
Displays retirement income estimate on statementsYes
Offers in-plan guaranteed retirement income productsYes
Offers out-of-plan annuity bidding serviceYes
Recordkeeping PlatformFIS Omni
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.