RESEARCH |
2021
PLANSPONSOR NQDC Market Survey
Reported by PLANSPONSOR
| Art by Mar Hernández
NQDC Providers
Voya Financial
| Profile as of December 31, 2020 | |
|---|---|
| Total NQDC plans | 677 |
| Total NQDC assets/liabilities ($MM) | $4,995 |
| Total NQDC participants | 24,197 |
| Number of NQDC Plans – by Type | |
|---|---|
| §457(f) and nongovernmental §457(b) | 390 |
| 401(k) mirror plans | 6 |
| Deferred compensation | 225 |
| DB programs/SERPs | 39 |
| Long-term incentive | 4 |
| Other | 13 |
| Number of §409A NQDC Plans – by Size | |
|---|---|
| <5 Participants | 63 |
| 5 – 25 Participants | 114 |
| 26 – 50 Participants | 36 |
| 51 – 100 Participants | 24 |
| >100 Participants | 37 |
| 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 experts | 78 |
| % of clients using rabbi trusts | NR |
| Footnote: |
| N/A = Not available. NR = Not reported. |
