2020
Defined Benefit Administration Survey

Providers

CBIZ Retirement Plan Services

DB CLIENT OVERVIEW
Total DB admin clients1246
Full outsourcing24%
DB and DC clients0%
DB PLAN OVERVIEW
Total DB plans501
Frozen plans31%
Cash balance plans4%
With <100 participants69%
With >5,000 participants2%
DB PARTICIPANT OVERVIEW
Total Participants445,000
Private/Corporate274%
Public/Government23%
Retired participants42%
All interactions on web31%
SPONSOR SERVICES OFFERED
Plan accounting / Master trustI
Trust and custody servicesE
Actuarial servicesIE
Investment managementIE
Liability-driven investingIE
Investment consultingIE
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.