Providers
Correll Co.
DC ASSETS | |
---|---|
Total DC assets ($MM) | $2,300 |
DC Assets <$5MM | 24% |
In plans with ≤10 participants | 2% |
In plans with >10-50 participants | 13% |
In plans with >50–500 participants | 39% |
In plans with >500 participants | 46% |
PLANS | |
---|---|
Total DC plans | 850 |
DC plans <$5MM | 84% |
In plans with ≤10 participants | 12% |
In plans with >10-50 participants | 54% |
In plans with >50-500 participants | 28% |
In plans with >500 participants | 5% |
% serviced by Third Party Administrator | 0.05% |
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) | 35 |
Average tenure with recordkeeper | 6 |
Average years of experience in retirement | 20 |
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. |