PLANSPONSOR - April/May 2018 - 61

Defined Benefit Administration
T
he 25 providers that responded to
our 2018 Defined Benefit (DB)
Administration Survey collectively
account for more than 27 million DB participants-or
about 70% of the private
pension market-and all but two have
been in the market for over 20 years.
More than half (56.5%) of clients bundle
administration services with other
offerings, such as defined contribution
(DC) plan recordkeeping, and exactly
half (50.0%) of clients rely on their plan
administrator to assist with actuarial
Industry Snapshot
Total DB
administration clients
5,894
Total DB plans
11,381
Number of DB Plans by Type
Nonprofit/
Church/Social
service
296
Corporate
single-employer
9,963
Public/
Governmental
542
Number of DB Plans by Plan Status
Closed
744
Active/Open
2,807
Hard-frozen
1,315
Partially
frozen
164
Softfrozen
274
Terminated
104
Active/Employed
9,829,750
Retired
9,395,067
Separated
6,347,689
Corporate
multi
employer
113
<100
6,303
100
- 1,000
2,332
Number of DB Participants by Status
valuations vs. internally staffed or thirdparty/third-party
administrator (TPA)
solutions.
From a competitive standpoint,
technology and service quality/innovation
continue to be areas of differentiation,
with some providers moving more
and more participant interaction online
while others tend to rely more heavily on
traditional channels-i.e., phone, print,
meetings, etc. A summary of select
provider attributes is found in the table
on pages 62 and 63. -Brian O'Keefe
Total DB participants
27,803,778
Estimated DB assets
$621,464b
DB and DC
clients
39%
Other
DB bundles
18%
DB Plans by Number of Participants
>1,000 - 5,000
1,283
>25,000
420
>5,000 - 25,000
898
Nonqualified
Bundled Stats
Methodology
The 2018 Defined Benefit (DB)
Administration Survey summarizes
the capabilities of DB administration
providers and excludes providers focused
on investment-only, consultant/advisory
and actuarial services. All data are as of
December 31, 2017, and include only " full
outsourcing " and " co-sourcing " arrangements.
Some new client restrictions may
apply; contact the provider for details.
Email surveys@strategic-i.com for more
information.
Multiple-plan
DB clients
8%
Single-plan
DB clients
35%
PLANSPONSOR.com April-May 2018 61

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PLANSPONSOR - April/May 2018

Table of Contents for the Digital Edition of PLANSPONSOR - April/May 2018

2018 Plan Sponsors of the Year
Plan Administration Guide, Part 1
From Strength to Strength
Finding the Best Course
Managed Accounts
Rising Costs
Taking Responsibility
PLANSPONSOR - April/May 2018 - C1
PLANSPONSOR - April/May 2018 - FC1
PLANSPONSOR - April/May 2018 - FC2
PLANSPONSOR - April/May 2018 - C2
PLANSPONSOR - April/May 2018 - 1
PLANSPONSOR - April/May 2018 - 2
PLANSPONSOR - April/May 2018 - 3
PLANSPONSOR - April/May 2018 - 4
PLANSPONSOR - April/May 2018 - 5
PLANSPONSOR - April/May 2018 - 6
PLANSPONSOR - April/May 2018 - 7
PLANSPONSOR - April/May 2018 - 8
PLANSPONSOR - April/May 2018 - 9
PLANSPONSOR - April/May 2018 - 10
PLANSPONSOR - April/May 2018 - 11
PLANSPONSOR - April/May 2018 - 12
PLANSPONSOR - April/May 2018 - 13
PLANSPONSOR - April/May 2018 - 14
PLANSPONSOR - April/May 2018 - 15
PLANSPONSOR - April/May 2018 - 2018 Plan Sponsors of the Year
PLANSPONSOR - April/May 2018 - 17
PLANSPONSOR - April/May 2018 - 18
PLANSPONSOR - April/May 2018 - 19
PLANSPONSOR - April/May 2018 - 20
PLANSPONSOR - April/May 2018 - 21
PLANSPONSOR - April/May 2018 - 22
PLANSPONSOR - April/May 2018 - 23
PLANSPONSOR - April/May 2018 - 24
PLANSPONSOR - April/May 2018 - 25
PLANSPONSOR - April/May 2018 - 26
PLANSPONSOR - April/May 2018 - 27
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PLANSPONSOR - April/May 2018 - 31
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PLANSPONSOR - April/May 2018 - 36
PLANSPONSOR - April/May 2018 - 37
PLANSPONSOR - April/May 2018 - 38
PLANSPONSOR - April/May 2018 - 39
PLANSPONSOR - April/May 2018 - 40
PLANSPONSOR - April/May 2018 - 41
PLANSPONSOR - April/May 2018 - 42
PLANSPONSOR - April/May 2018 - 43
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PLANSPONSOR - April/May 2018 - 45
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PLANSPONSOR - April/May 2018 - 47
PLANSPONSOR - April/May 2018 - 48
PLANSPONSOR - April/May 2018 - 49
PLANSPONSOR - April/May 2018 - 50
PLANSPONSOR - April/May 2018 - 51
PLANSPONSOR - April/May 2018 - 52
PLANSPONSOR - April/May 2018 - 53
PLANSPONSOR - April/May 2018 - 54
PLANSPONSOR - April/May 2018 - 55
PLANSPONSOR - April/May 2018 - Plan Administration Guide, Part 1
PLANSPONSOR - April/May 2018 - 57
PLANSPONSOR - April/May 2018 - 58
PLANSPONSOR - April/May 2018 - 59
PLANSPONSOR - April/May 2018 - 60
PLANSPONSOR - April/May 2018 - 61
PLANSPONSOR - April/May 2018 - 62
PLANSPONSOR - April/May 2018 - 63
PLANSPONSOR - April/May 2018 - 64
PLANSPONSOR - April/May 2018 - 65
PLANSPONSOR - April/May 2018 - 66
PLANSPONSOR - April/May 2018 - 67
PLANSPONSOR - April/May 2018 - From Strength to Strength
PLANSPONSOR - April/May 2018 - 69
PLANSPONSOR - April/May 2018 - 70
PLANSPONSOR - April/May 2018 - 71
PLANSPONSOR - April/May 2018 - 72
PLANSPONSOR - April/May 2018 - 73
PLANSPONSOR - April/May 2018 - 74
PLANSPONSOR - April/May 2018 - 75
PLANSPONSOR - April/May 2018 - 76
PLANSPONSOR - April/May 2018 - 77
PLANSPONSOR - April/May 2018 - Finding the Best Course
PLANSPONSOR - April/May 2018 - 79
PLANSPONSOR - April/May 2018 - Managed Accounts
PLANSPONSOR - April/May 2018 - 81
PLANSPONSOR - April/May 2018 - Rising Costs
PLANSPONSOR - April/May 2018 - 83
PLANSPONSOR - April/May 2018 - Taking Responsibility
PLANSPONSOR - April/May 2018 - 85
PLANSPONSOR - April/May 2018 - 86
PLANSPONSOR - April/May 2018 - 87
PLANSPONSOR - April/May 2018 - 88
PLANSPONSOR - April/May 2018 - C3
PLANSPONSOR - April/May 2018 - C4
https://www.plansponsordigital.com/plansponsor/march_april_2024
https://www.plansponsordigital.com/plansponsor/january_february_2024
https://www.plansponsordigital.com/plansponsor/november_december_2023
https://www.plansponsordigital.com/plansponsor/september_october_2023
https://www.plansponsordigital.com/plansponsor/july_august_2023
https://www.plansponsordigital.com/plansponsor/may_june_2023
https://www.plansponsordigital.com/plansponsor/march_april_2023
https://www.plansponsordigital.com/plansponsor/december_2022_february_2023
https://www.plansponsordigital.com/plansponsor/october_november_2022
https://www.plansponsordigital.com/plansponsor/august_september_2022
https://www.plansponsordigital.com/plansponsor/june_july_2022
https://www.plansponsordigital.com/plansponsor/excellenceawards_2022
https://www.plansponsordigital.com/plansponsor/april_may_2022
https://www.plansponsordigital.com/plansponsor/february_march_2022
https://www.plansponsordigital.com/plansponsor/december_2021_january_2022
https://www.plansponsordigital.com/plansponsor/october_november_2021
https://www.plansponsordigital.com/plansponsor/august_september_2021
https://www.plansponsordigital.com/plansponsor/june_july_2021
https://www.plansponsordigital.com/plansponsor/april-may_2021
https://www.plansponsordigital.com/plansponsor/february-march_2021
https://www.plansponsordigital.com/plansponsor/december-january_2021
https://www.plansponsordigital.com/plansponsor/october-november_2020
https://www.plansponsordigital.com/plansponsor/august-september_2020
https://www.plansponsordigital.com/plansponsor/june-july_2020
https://www.plansponsordigital.com/plansponsor/april-may_2020
https://www.plansponsordigital.com/plansponsor/february-march_2020
https://www.plansponsordigital.com/plansponsor/december-january_2020
https://www.plansponsordigital.com/plansponsor/october-november_2019
https://www.plansponsordigital.com/plansponsor/august-september_2019
https://www.plansponsordigital.com/plansponsor/june-july_2019
https://www.plansponsordigital.com/plansponsor/april-may_2019
https://www.plansponsordigital.com/plansponsor/february-march_2019
https://www.plansponsordigital.com/plansponsor/december_2018-january_2019
https://www.plansponsordigital.com/plansponsor/october-november_2018
https://www.plansponsordigital.com/plansponsor/august-september_2018
https://www.plansponsordigital.com/plansponsor/june-july_2018
https://www.plansponsordigital.com/plansponsor/april-may_2018
https://www.plansponsordigital.com/plansponsor/february-march_2018
https://www.plansponsordigital.com/plansponsor/december_2017-january_2018
https://www.plansponsordigital.com/plansponsor/november_december_2017
https://www.plansponsordigital.com/plansponsor/october_2017
https://www.plansponsordigital.com/plansponsor/september_2017
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