RESEARCH |
2022
PLANSPONSOR NQDC Market Survey
Reported by PLANSPONSOR
NQDC Providers
Principal Financial Group
| Profile as of December 31, 2021 | |
|---|---|
| Total NQDC plans | 2,888 |
| Total NQDC assets/liabilities ($MM) | $14,651 |
| Total NQDC participants | 63,437 |
| Number of NQDC Plans – by Type | |
|---|---|
| §457(f) and nongovernmental §457(b) | 792 |
| 401(k) mirror plans | NR |
| Deferred compensation | 2,228 |
| DB programs/SERPs | 444 |
| Long-term incentive | 105 |
| Other | NR |
| Number of §409A NQDC Plans – by Size | |
|---|---|
| <5 Participants | 1,271 |
| 5 – 25 Participants | 1,209 |
| 26 – 50 Participants | 228 |
| 51 – 100 Participants | 86 |
| >100 Participants | 95 |
| Specialty Financing Vehicles Supported | |
|---|---|
| Separate account life insurance | |
| General account life insurance | |
| Company stock | |
| Institutional investments | |
| Alternative investments | NR |
| Letters of credit | NR |
| Annuities | NR |
| ETFs | NR |
| Hybrid financing | |
| Other §409A Services | |
|---|---|
| Supports phantom stock | NR |
| Supports restricted stock units | |
| Offers model plan documents | |
| No. of NQDC technical experts | 20 |
| % of clients using rabbi trusts | 5% |
| Footnote: |
| NR = Not Reported |
