2026
Recordkeeping Survey
As employers adopt pooled employer plans and as plans become more than just savings vehicles for retirement, the recordkeeper service model is evolving.
Industry Snapshot
457 Plans*
Of the assets in the 457 plan market, the vast majority (about $653.6 billion) are in governmental 457(b) plans, according to this year’s survey. Governmental plans are never subject to the rules of the Employee Retirement Income Security Act, but they are subject to state legislation and regulations. This requires special knowledge from providers, and therefore recordkeepers with a strong hold in the market are likely to keep it. The smallest portion of the 457 plan market is 457(f) nonqualified plans, with about $5 billion in assets.—Rebecca Moore
*All 457(b) and 457(f) plans
Total assets
Total plans
Total participants
42,371
10,051,935
$711B
Total assets
Total plans
Total participants
42,371
10,051,935
$711B
Total assets
Total plans
Total participants
42,371
10,051,935
$711B
Total assets
Total plans
Total participants
42,371
10,051,935
$711B
