Providers

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Milliman, Inc.

DC ASSETS
DC assets ($MM) $35,378
In plans with ≤ 50 participants 2%
In plans with >50–500 participants 12%
In plans with >500 participants 86%
PLANS
Total DC plans831
% serviced by Third Party Administrator5%
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)12-20
Average tenure with recordkeeper15 years
Average years of experience in retirement20 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.
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Recordkeeping Survey

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