Providers
Guideline
DC ASSETS | |
---|---|
Total DC assets ($MM) | $3,551 |
DC Assets <$5MM | 90% |
In plans with ≤10 participants | 31% |
In plans with >10-50 participants | 42% |
In plans with >50–500 participants | 26% |
In plans with >500 participants | 1% |
PLANS | |
---|---|
Total DC plans | 15,465 |
DC plans <$5MM | 100% |
In plans with ≤10 participants | 68% |
In plans with >10-50 participants | 28% |
In plans with >50-500 participants | 4% |
In plans with >500 participants | <1% |
% serviced by Third Party Administrator | 0% |
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) | 1104 plans / person |
Average tenure with recordkeeper | 2.3 years |
Average years of experience in retirement | 3.3 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. |