2020
Defined Benefit Administration Survey

Providers

Schwab Retirement Plan Services, Inc.

DB CLIENT OVERVIEW
Total DB admin clients186
Full outsourcing100%
DB and DC clients62%
DB PLAN OVERVIEW
Total DB plans122
Frozen plansNR
Cash balance plans29%
With <100 participants42%
With >5,000 participants1%
DB PARTICIPANT OVERVIEW
Total Participants66,297
Private/Corporate294%
Public/Government0%
Retired participantsNR
All interactions on webNR
SPONSOR SERVICES OFFERED
Plan accounting / Master trust
Trust and custody servicesI
Actuarial servicesI
Investment management
Liability-driven investing
Investment consulting
PARTICIPANT ONLINE SERVICES
Online initiation
Online elections
E-form processing
Online inquiry status
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.