2020
PLANADVISER Recordkeeper Services Survey

Providers

Providers

RPG Consultants

DC ASSETS
DC assets ($MM) $1,321
In plans with ≤ 50 participants 57%
In plans with >50–500 participants 43%
In plans with >500 participants 0%
PLANS
Total DC plans886
% serviced by Third Party Administrator100%
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)50
Average tenure with recordkeeper10 years
Average years of experience in retirement4 years
Dedicated RMs for NQDC plans only?NR
Dedicated RMs for 403(b) plans only?NR
Dedicated RMs for 457 plans only?NR
Advisers given choice of RMs to support clientsNR
NR = Not Reported. NA = Not Applicable.