2020
Recordkeeping Survey

Providers

Equitable

www.equitable.com
Assets ($MM) by Plan Type
Ranked #28$35,292
401(k)18%
403(b)75%
457 6%
NQDC0%
Other1%
Participants by Plan Size
Ranked #271,003,752
<$10MM57%
$10MM – $50MM29%
>$50MM – $200MM14%
>$200MM0%
Plans by Count
Ranked #1325,846
% Third-party administration
Not Reported
Related Offerings
HSA integrationNot Reported
Student Loan RepaymentDirect
Financial wellness options1
Service Offerings
New client restrictionsDepending on the level of service, company stock, real estate, etc.
Multiple service modelsNo
Offers corporate trustee servicesYes - via partnership/other strategy
# of internal ERISA counsel10
Will act as §3(16) fiduciaryNo
Participant Services
Call center hoursWeekdays: 8 a.m. - 7 p.m. ET Friday: 8 a.m. - 5 p.m. ET
Online chat supportYes
Mobile app
Managed account optionsProNvest
Retirement Income
Displays retirement income estimate on statementsNo
Offers in-plan guaranteed retirement income productsYes
Offers out-of-plan annuity bidding serviceNo
Recordkeeping PlatformSS&C Technologies; Proprietary recordkeeping system