2020
Recordkeeping Survey

Providers

Benefit Consultants Group - a Horace Mann Company

www.bcgbenefits.com
Assets ($MM) by Plan Type
Ranked #42$6,532
401(k)21%
403(b)75%
457 1%
NQDC<1%
Other2%
Participants by Plan Size
Ranked #37214,409
<$10MM85%
$10MM – $50MM15%
>$50MM – $200MM<1%
>$200MM0%
Plans by Count
Ranked #229,210
% Third-party administration
Not Reported
Related Offerings
HSA integrationvia Partnership/other strategy
Student Loan RepaymentNone
Financial wellness options2 – 4
Service Offerings
New client restrictionsNone
Multiple service modelsNo
Offers corporate trustee servicesNone
# of internal ERISA counsel0
Will act as §3(16) fiduciaryYes - direct offering
Participant Services
Call center hoursWeekdays: 8 a.m. - 5 p.m. ET
Online chat supportYes
Mobile appNo
Managed account optionsStadion; Proprietary offering
Retirement Income
Displays retirement income estimate on statements*
Offers in-plan guaranteed retirement income productsNo
Offers out-of-plan annuity bidding serviceNo
Recordkeeping PlatformFIS Relius
Footnote:
*Data has been updated/revised since initial publication in PLANSPONSOR magazine.