2020
Recordkeeping Survey

Providers

ICMA-RC

https://www.icmarc.org
Assets ($MM) by Plan Type
Ranked #24$54,962
401(k)3%
403(b)<1%
457 74%
NQDC0%
Other23%
Participants by Plan Size
Ranked #221,271,526
<$10MM19%
$10MM – $50MM17%
>$50MM – $200MM15%
>$200MM49%
Plans by Count
Ranked #256,878
% Third-party administration
Not Reported
Related Offerings
HSA integrationvia Partnership/other strategy
Student Loan RepaymentNot Reported
Financial wellness options>4
Service Offerings
New client restrictionsPUBLIC SECTOR ONLY
Multiple service modelsYes
Offers corporate trustee servicesYes - via partnership/other strategy
# of internal ERISA counsel3
Will act as §3(16) fiduciaryNo
Participant Services
Call center hoursWeekdays: 8:30 a.m. - 9 p.m. ET
Online chat supportNo
Mobile appNo
Managed account optionsMorningstar/Ibbotson
Retirement Income
Displays retirement income estimate on statements
Offers in-plan guaranteed retirement income productsYes
Offers out-of-plan annuity bidding serviceYes
Recordkeeping PlatformFIS Omni