2020
Defined Benefit Administration Survey

Providers

Fidelity Investments

DB CLIENT OVERVIEW
Total DB admin clients1201
Full outsourcing96%
DB and DC clients96%
DB PLAN OVERVIEW
Total DB plans837
Frozen plansNR
Cash balance plans22%
With <100 participants33%
With >5,000 participants16%
DB PARTICIPANT OVERVIEW
Total Participants4,324,994
Private/Corporate298%
Public/Government0%
Retired participants36%
All interactions on webNR
SPONSOR SERVICES OFFERED
Plan accounting / Master trustI
Trust and custody servicesI
Actuarial servicesI
Investment managementI
Liability-driven investingI
Investment consultingI
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.