RESEARCH |
2023
PLANSPONSOR NQDC Market Survey
Reported by PLANSPONSOR
NQDC Providers
Schwab Retirement Plan Services, Inc.
| Profile as of December 31, 2022 | |
|---|---|
| Total NQDC plans | 135 |
| Total NQDC assets/liabilities ($MM) | $4,999 |
| Total NQDC participants | 9,814 |
| Number of NQDC Plans – by Type | |
|---|---|
| §457(f) and nongovernmental §457(b) | 0 |
| 401(k) mirror plans | 135 |
| Deferred compensation | 0 |
| DB programs/SERPs | 0 |
| Long-term incentive | 0 |
| Other | NR |
| Number of §409A NQDC Plans – by Size | |
|---|---|
| <5 Participants | 26 |
| 5 – 25 Participants | 57 |
| 26 – 50 Participants | 18 |
| 51 – 100 Participants | 18 |
| >100 Participants | 21 |
| 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 | NR |
| Supports restricted stock units | NR |
| Offers model plan documents | No |
| No. of NQDC technical experts | 5 |
| % of clients using rabbi trusts | 65% |
| Footnote: |
| NR = Not Reported |
