2021
PLANSPONSOR NQDC Market Survey

NQDC Providers

NQDC Providers

Principal Financial Group

Profile as of December 31, 2020
Total NQDC plans3,801
Total NQDC assets/liabilities ($MM)$15,304
Total NQDC participants77,632
Number of NQDC Plans – by Type
§457(f) and nongovernmental §457(b)1,002
401(k) mirror plans0
Deferred compensation2,207
DB programs/SERPs505
Long-term incentive87
Other0
Number of §409A NQDC Plans – by Size
<5 Participants1150
5 – 25 Participants1164
26 – 50 Participants190
51 – 100 Participants92
>100 Participants90
Specialty Financing Vehicles Supported
Separate account life insurance
General account life insurance
Company stock
Institutional investments
Alternative investments
Letters of credit
Annuities
ETFs
Hybrid financing
Other §409A Services
Supports phantom stock
Supports restricted stock units
Offers model plan documents
No. of NQDC technical experts5
% of clients using rabbi trustsNR
Footnote:
N/A = Not available.
NR = Not reported.