2020
Recordkeeping Survey

Providers

Nationwide

www.nationwide.com
Assets ($MM) by Plan Type
Ranked #16$148,717
401(k)28%
403(b)4%
457 61%
NQDC<1%
Other7%
Participants by Plan Size
Ranked #122,741,563
<$10MM35%
$10MM – $50MM12%
>$50MM – $200MM10%
>$200MM43%
Plans by Count
Ranked #934,483
% Third-party administration
61%
Related Offerings
HSA integrationvia Partnership/other strategy
Student Loan RepaymentNone
Financial wellness options1
Service Offerings
New client restrictionsNo Company Stock (ESOP, KSOP)
Multiple service modelsNo
Offers corporate trustee servicesYes - direct offering
# of internal ERISA counsel13
Will act as §3(16) fiduciaryNo
Participant Services
Call center hoursWeekdays: 8 a.m. - 11 p.m. ET Saturday: 9 a.m. - 6 p.m. ET
Online chat supportNo
Mobile app
Managed account optionsStadion; Proprietary offering
Retirement Income
Displays retirement income estimate on statementsNo
Offers in-plan guaranteed retirement income productsNo
Offers out-of-plan annuity bidding serviceYes
Recordkeeping PlatformProprietary recordkeeping system