PLANSPONSOR - June/July 2019 - 24

2019 Recordkeeping Survey: Plan Overview
T
he 2019 PLANSPONSOR Recordkeeping Survey is compiled from self-reported data
submitted by recordkeepers of 401(k), 403(b), 457, nonqualified deferred compensation
(NQDC) and other defined contribution (DC) plans. This year's survey differs from
past iterations in that it excludes SEP [Simplified Employee Pension] and SIMPLE IRA
[Savings Incentive Match Plan for Employees individual retirement account] plans, a
change that had a material impact on a handful of providers and that merits consideration
when looking for trends in the data. These two markets will be covered in a future issue.
The pages that follow summarize survey results by market and provider. Provider
profiles are presented alphabetically and reflect each company's experience in servicing
different types of plans. Aggregate rankings for assets, plans and participants are noted in
each profile; other rankings reflect only those organizations that reported the associated
data. All data reported here, including for past years, are as of December 31 of the year
prior to the survey date. Readers are encouraged to follow up with providers directly for
further detail on the scope and availability of service offerings. Additional information
is available online at www.plansponsor.com/research. For information on licensing the
supporting data or to learn how to participate in our 2020 Recordkeeping Survey, please
email surveys@strategic-i.com. -Brian O'Keefe
Growth in Total Defined Contribution Plan Assets ($mm)
Top 10 Recordkeepers

Assets
74%

Plans
31%
Share of Total DC Plan
Market
Top 5 Recordkeepers

Assets
57%

Plans
12%

Participants
45%
2010
2011
2012 2013 2014 2015 2016 2017 2018 2019

Total DC Assets, Plans and Participants

Total DC plan assets
$7,129,123
By Plan Size
<$5mm
$5mm - $25mm
>$25mm - $100mm
>$100mm - $500mm
>$500mm

Total DC plans
805,595
Assets ($mm)†
$577,269
$694,121
$728,976
$1,196,057
$3,928,379

Total DC plan participants
108,688,514

Assets
93%
Plans†
706,082
74,794
16,310
5,812
1,851
Participants†
18,983,717
15,964,920
13,529,950
19,827,684
40,382,243
†Not all providers report complete data; therefore, data segmented by plan size will not equal the corresponding overall total.
24 PLANSPONSOR.com June - July 2019

Plans
65%
Participants
66%
Top 20 Recordkeepers

Participants
87%
$3,639,933
$4,126,181
$4,182,461
$4,575,706
$5,569,828
$5,978,664
$5,961,980
$6,462,919
$7,467,595
$7,129,123

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PLANSPONSOR - June/July 2019

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