2019 Recordkeeping Survey

Breaking down the DC industry by plan type.

Providers

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

USI Consulting Group

www.usicg.com
PROFILE2018RANK
Assets ($MM)$5,565 45
Plans1,04643
Participants232,74238
Participants by Plan Size
<$5MM22,419
$5MM – $25MM87,780
>$25MM – $100MM51,776
>$100MM – $500MM70,767
>$500MM0
Plans by Channel
Direct sold 97%
Intermediary sold 3%
Assets ($MM) by Plan Type
401(k)$2,990
403(b)$494
457 $71
NQDC$53
All Other$1,957
Service Offerings
New client restrictionsNone
Multiple service modelsNo
Offers corporate trustee servicesYes - via partnership/other strategy
# of internal ERISA counsel5
Will act as §3(16) fiduciaryYes - direct offering
Participant Services
Call center hoursWeekdays: 8 a.m. - 8 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 Relius; WyStar
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.