Providers
BPAS
DC ASSETS | |
---|---|
DC assets ($MM) | $10,156 |
In plans with ≤ 50 participants | 27% |
In plans with >50–500 participants | 39% |
In plans with >500 participants | 34% |
PLANS | |
---|---|
Total DC plans | 3,688 |
% serviced by Third Party Administrator | <1% |
FEE STRUCTURES | |
---|---|
Upfront commission (front-end load) | |
Finder's fee | |
Ongoing trail/commission | |
RIA fees/Hard-dollar fees | |
ERISA account/budget |
SUPPORT SERVICES FOR ADVISERS | |
---|---|
DC plan benchmarking | |
Access to ERISA counsel | |
Offers CE-eligible DC-specific training | |
Supports Advisor Managed Accounts | * |
RELATIONSHIP MANAGEMENT (RM) TEAMS | |
---|---|
Average case/client load (# plans/person) | 60 |
Average tenure with recordkeeper | 10 years |
Average years of experience in retirement | 17 years |
Dedicated RMs for NQDC plans only? | |
Dedicated RMs for 403(b) plans only? | |
Dedicated RMs for 457 plans only? | |
Advisers given choice of RMs to support clients |
NR = Not Reported. NA = Not Applicable. |
* Adviser Managed Account is set up for future rollout. Check with provider for information on timing/availability. |