PLANSPONSOR - April/May 2020 - 24

RESEARCH 2020 DEFINED BENEFIT ADMINISTRATION SURVEY
Industry Snapshot
The overall defined benefit industry continues to mature ...
Total DB
administration clients
4,436
Total DB plans
12,486
Total DB participants
27,478,012
Estimated DB assets
$2.551t
DB Plans, by Plan Status
n Active/Open n Frozen n Closed n Terminated
1%
22%
9%
2020
68%
2010
22%
37%
... while interest in cash balance plans has increased.
Cash Balance Plans
34%
23%
Cash balance
77%
Traditional
<10
participants
10 -99
100 -999
1,000 -4,999
22%
18%
18%
8%
5,000 -9,999
participants participants participants participants
Industries Offering Cash Balance Plans*
32%
19%
Utilities
Oil & gas/Energy
18%
14%
Telecom
*Data is from the 2019 PLANSPONSOR Industry Reports.
Law firms
11%
6%
Chemicals
All other
industries
24%
62%
15%
2020
2010
1%
37%
26%
44%
32%
Multiple-plan
DB clients
16%
DB and DC
clients
23%
DB Plan Participants, by Status
n Active/Employed n Retired n Separated
Bundled
DB Plan
Stats
Single-plan
DB clients
40%
Other
DB bundles
21%
In its 2018 National Cash
Balance Plan Report,
Kravitz, Inc., an Ascensus
company, analyzed IRS
Form 5500 filings and
found that cash balance
plans have more than
tripled since 2010. While
our data also show plan
growth, it tends to fall short
of Kravitz's totals, especially
among the smallest plans,
which Kravitz estimates
make up 57% of plans (vs.
23% in our data). Perhaps
new plans are being
administered internally.
Regardless, cash balance
plans are most common
among professionalservice
industries.
24 PLANSPONSOR.COM April - May 2020

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PLANSPONSOR - April/May 2020

Table of Contents for the Digital Edition of PLANSPONSOR - April/May 2020

The Road Ahead
2020 DB Administration Survey
2020 Plan Sponsor of the Year Finalists
2020 PLANSPONSOR Service Stars
Same but Different
It Takes Two
Staying the Course
PLANSPONSOR - April/May 2020 - Cover1
PLANSPONSOR - April/May 2020 - Cover2
PLANSPONSOR - April/May 2020 - 1
PLANSPONSOR - April/May 2020 - 2
PLANSPONSOR - April/May 2020 - 3
PLANSPONSOR - April/May 2020 - 4
PLANSPONSOR - April/May 2020 - 5
PLANSPONSOR - April/May 2020 - 6
PLANSPONSOR - April/May 2020 - 7
PLANSPONSOR - April/May 2020 - 8
PLANSPONSOR - April/May 2020 - 9
PLANSPONSOR - April/May 2020 - 10
PLANSPONSOR - April/May 2020 - 11
PLANSPONSOR - April/May 2020 - 12
PLANSPONSOR - April/May 2020 - 13
PLANSPONSOR - April/May 2020 - 14
PLANSPONSOR - April/May 2020 - 15
PLANSPONSOR - April/May 2020 - 16
PLANSPONSOR - April/May 2020 - 17
PLANSPONSOR - April/May 2020 - The Road Ahead
PLANSPONSOR - April/May 2020 - 19
PLANSPONSOR - April/May 2020 - 20
PLANSPONSOR - April/May 2020 - 21
PLANSPONSOR - April/May 2020 - 2020 DB Administration Survey
PLANSPONSOR - April/May 2020 - 23
PLANSPONSOR - April/May 2020 - 24
PLANSPONSOR - April/May 2020 - 25
PLANSPONSOR - April/May 2020 - 2020 Plan Sponsor of the Year Finalists
PLANSPONSOR - April/May 2020 - 27
PLANSPONSOR - April/May 2020 - 28
PLANSPONSOR - April/May 2020 - 29
PLANSPONSOR - April/May 2020 - 30
PLANSPONSOR - April/May 2020 - 31
PLANSPONSOR - April/May 2020 - 32
PLANSPONSOR - April/May 2020 - 33
PLANSPONSOR - April/May 2020 - 34
PLANSPONSOR - April/May 2020 - 35
PLANSPONSOR - April/May 2020 - 36
PLANSPONSOR - April/May 2020 - 37
PLANSPONSOR - April/May 2020 - 2020 PLANSPONSOR Service Stars
PLANSPONSOR - April/May 2020 - 39
PLANSPONSOR - April/May 2020 - 40
PLANSPONSOR - April/May 2020 - 41
PLANSPONSOR - April/May 2020 - 42
PLANSPONSOR - April/May 2020 - 43
PLANSPONSOR - April/May 2020 - Same but Different
PLANSPONSOR - April/May 2020 - 45
PLANSPONSOR - April/May 2020 - It Takes Two
PLANSPONSOR - April/May 2020 - 47
PLANSPONSOR - April/May 2020 - Staying the Course
PLANSPONSOR - April/May 2020 - 49
PLANSPONSOR - April/May 2020 - 50
PLANSPONSOR - April/May 2020 - 51
PLANSPONSOR - April/May 2020 - 52
PLANSPONSOR - April/May 2020 - Cover3
PLANSPONSOR - April/May 2020 - Cover4
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