PLANADVISER - July/August 2018 - 33

2018 Recordkeeper Services Guide: Industry Snapshot
Share of Total Defined
Contribution Plan Market
T
he data summarized in the tables that follow are from the 2018 PLANSPONSOR
Recordkeeping Survey, which now also includes data from our 403(b), 457 and
nonqualified deferred compensation (NQDC) buyer's guides to provide a more
complete summary of the defined contribution (DC) market. The results were
aggregated from data submitted by 63 service providers that collectively oversee
more than $7 trillion in DC assets and are estimated to account for more than
90% of the total defined contribution market.*
Of the 63 participating recordkeepers, 50 claim to serve the intermediary
market and are featured in the grid on pages 38 through 40. These firms supplied
information on the types of intermediaries they work with, fee structures
used, and support services to advisers and other intermediary types. All data,
including that reported this year, are as of December 31, 2017; all information
from the survey was self-reported. Readers may follow up with providers directly
for additional details on the scope of services they have available.
More information can be found online at www.plansponsor.com/research.
To purchase a Microsoft Excel spreadsheet of responses from all 63 providers,
please contact Michelle Judkins at michelle.judkins@strategic-i.com. To learn
how to participate in our 2019 Recordkeeping Survey, contact Brian O'Keefe at
brian.okeefe@strategic-i.com.
Total Defined Contribution Plan Assets ($mm)
Top 10 Recordkeepers

Assets
71%

Plans
24%
2009
2010
2011
2012
2013
2014
Total Assets, Plans and Participants

Total defined
contribution assets
$7,467,595
By Plan Size
<$10mm
$10mm - $50mm
>$50mm - $200mm
>$200mm - $1b
>$1b

Total defined
contribution plans
906,503
Assets ($mm)†
$907,645
$799,595
$869,501
$1,454,258
$3,421,745

Total defined
contribution participants
103,764,282
Plans†
842,098
42,033
9,564
3,439
971
*Source: Investment Company Institute, " 2018 Investment Company Fact Book. " †
by plan size will not equal the corresponding overall total.
Participants†
22,407,447
14,660,540
14,473,825
19,699,583
32,504,827

Assets
90%

Plans
55%
2015
2016
2017
2018
Top 5 Recordkeepers

Assets
54%

Plans
12%

Participants
43%

Participants
63%
Top 20 Recordkeepers

Participants
84%
Not all providers report complete data, therefore data segmented
planadviser.com july-august 2018 | 33
$3,022,928
$3,639,933
$4,126,181
$4,182,461
$4,575,706
$5,569,828
$5,978,664
$5,961,980
$6,462,919
$7,467,595

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