RESEARCH |

2020
Defined Benefit Administration Survey

Reported by PLANSPONSOR | Art by Nadja Zinnecker
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Introduction

Like our Recordkeeping Survey on the defined contribution side of the market, the DB Administration Survey showcases providers in the DB market—who the major players are, who they serve, what services they provide. Also included is information on overall market sizing.

Alight Solutions

DB CLIENT OVERVIEW
Total DB admin clients1127
Full outsourcing99%
DB and DC clients6%
DB PLAN OVERVIEW
Total DB plans451
Frozen plans39%
Cash balance plans28%
With <100 participants18%
With >5,000 participants39%
DB PARTICIPANT OVERVIEW
Total Participants5,885,241
Private/Corporate299%
Public/Government0%
Retired participants44%
All interactions on web95%
SPONSOR SERVICES OFFERED
Plan accounting / Master trust
Trust and custody services
Actuarial servicesEP
Investment management
Liability-driven investing
Investment consultingEP
PARTICIPANT ONLINE SERVICES
Online initiationYes
Online electionsYes
E-form processingYes
Online inquiry statusYes
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 both single-employer and multi-employer/Taft-Hartley plans.