PLANADVISER - July/August 2019 - 31
2019 PLANADVISER Recordkeeper Services Survey: Plan Overview
Total DC Plan Market Share
Top 5 Recordkeepers
T
he 2019 PLANADVISER Recordkeeper Services Survey utilizes data gathered
in the 2019 PLANSPONSOR Recordkeeping Survey. That annual survey is
compiled from self-reported data submitted by recordkeepers of 401(k), 403(b),
457, nonqualified deferred compensation (NQDC) and other defined contribution
(DC) plans. This year's survey differs from past iterations in that it excludes SEP
[Simplified Employee Pension] and SIMPLE IRA [Savings Incentive Match Plan for
Employees individual retirement account] plans, a change that had a material
impact on a handful of providers and that merits consideration when looking for
trends in the data. These two markets will be covered in a future issue.
Of the 56 participating recordkeepers, 45 claim to serve the intermediary
market and are featured in the grid on pages 36 and 37. 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 are as of
December 31, 2018. Readers are encouraged to follow up with providers directly
for further detail on the scope and availability of service offerings. For information
on licensing the supporting data on all 56 recordkeepers or to learn how to participate
in the 2020 PLANSPONSOR Recordkeeping Survey, please email surveys@
strategic-i.com. -Brian O'Keefe
Growth in Total Defined Contribution Plan Assets ($mm)
Top 10 Recordkeepers
Assets
74%
Plans
31%
Assets
57%
Plans
12%
Participants
45%
2010
2011
2012
2013
2014
2015
2016
Total DC Assets, Plans and Participants
Total DC plan assets
$7,129,123
By Plan Size
<$5mm
$5mm - $25mm
>$25mm - $100mm
>$100mm - $500mm
>$500mm
Total DC plans
805,595
Assets ($mm)†
$577,269
$694,121
$728,976
$1,196,057
$3,928,379
Total DC plan participants
108,688,514
Assets
93%
Plans†
706,082
74,794
16,310
5,812
1,851
Participants†
18,983,717
15,964,920
13,529,950
19,827,684
40,382,243
Plans
65%
2017
2018
2019
Participants
66%
Top 20 Recordkeepers
Participants
87%
†Not all providers report complete data; therefore, data segmented by plan size will not equal the corresponding overall total.
planadviser.com July-August 2019 | 31
$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
$7,129,123
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PLANADVISER - July/August 2019
Table of Contents for the Digital Edition of PLANADVISER - July/August 2019
An Array of Models
2019 Recordkeeper Services Survey
Advice for All
Pension Risk Transfer on the Rise
Investment Oversight Partners
Through the 'Window'
Now Who is a Fiduciary?
Venue Clauses
The SEC's Standard on IRA Rollovers
PLANADVISER - July/August 2019 - C1
PLANADVISER - July/August 2019 - FC1
PLANADVISER - July/August 2019 - FC2
PLANADVISER - July/August 2019 - C2
PLANADVISER - July/August 2019 - 1
PLANADVISER - July/August 2019 - 2
PLANADVISER - July/August 2019 - 3
PLANADVISER - July/August 2019 - 4
PLANADVISER - July/August 2019 - 5
PLANADVISER - July/August 2019 - 6
PLANADVISER - July/August 2019 - 7
PLANADVISER - July/August 2019 - 8
PLANADVISER - July/August 2019 - 9
PLANADVISER - July/August 2019 - 10
PLANADVISER - July/August 2019 - 11
PLANADVISER - July/August 2019 - 12
PLANADVISER - July/August 2019 - 13
PLANADVISER - July/August 2019 - 14
PLANADVISER - July/August 2019 - 15
PLANADVISER - July/August 2019 - 16
PLANADVISER - July/August 2019 - 17
PLANADVISER - July/August 2019 - 18
PLANADVISER - July/August 2019 - 19
PLANADVISER - July/August 2019 - 20
PLANADVISER - July/August 2019 - 21
PLANADVISER - July/August 2019 - 22
PLANADVISER - July/August 2019 - 23
PLANADVISER - July/August 2019 - An Array of Models
PLANADVISER - July/August 2019 - 25
PLANADVISER - July/August 2019 - 26
PLANADVISER - July/August 2019 - 27
PLANADVISER - July/August 2019 - 2019 Recordkeeper Services Survey
PLANADVISER - July/August 2019 - 29
PLANADVISER - July/August 2019 - 30
PLANADVISER - July/August 2019 - 31
PLANADVISER - July/August 2019 - 32
PLANADVISER - July/August 2019 - 33
PLANADVISER - July/August 2019 - 34
PLANADVISER - July/August 2019 - 35
PLANADVISER - July/August 2019 - 36
PLANADVISER - July/August 2019 - 37
PLANADVISER - July/August 2019 - 38
PLANADVISER - July/August 2019 - 39
PLANADVISER - July/August 2019 - Advice for All
PLANADVISER - July/August 2019 - 41
PLANADVISER - July/August 2019 - 42
PLANADVISER - July/August 2019 - 43
PLANADVISER - July/August 2019 - Pension Risk Transfer on the Rise
PLANADVISER - July/August 2019 - 45
PLANADVISER - July/August 2019 - Investment Oversight Partners
PLANADVISER - July/August 2019 - 47
PLANADVISER - July/August 2019 - Through the 'Window'
PLANADVISER - July/August 2019 - 49
PLANADVISER - July/August 2019 - Now Who is a Fiduciary?
PLANADVISER - July/August 2019 - Venue Clauses
PLANADVISER - July/August 2019 - The SEC's Standard on IRA Rollovers
PLANADVISER - July/August 2019 - C3
PLANADVISER - July/August 2019 - C4
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