2020
Recordkeeping Survey

Providers

Sentinel Benefits & Financial Group

sentinelgroup.com
Assets ($MM) by Plan Type
Ranked #40$9,475
401(k)90%
403(b)5%
457 <1%
NQDC<1%
Other5%
Participants by Plan Size
Ranked #39210,012
<$10MM57%
$10MM – $50MM35%
>$50MM – $200MM7%
>$200MM1%
Plans by Count
Ranked #391,280
% Third-party administration
6%
Related Offerings
HSA integrationDirect
Student Loan RepaymentDirect & via 3rd party
Financial wellness options>4
Service Offerings
New client restrictionsNone
Multiple service modelsNo
Offers corporate trustee servicesYes - via partnership/other strategy
# of internal ERISA counsel2
Will act as §3(16) fiduciaryYes - direct offering
Participant Services
Call center hoursWeekdays: 8 a.m. - 6 p.m. ET
Online chat supportYes
Mobile app
Managed account optionsProprietary 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