2021 DC Survey Standouts
The service providers listed below are to be recognized at the 2022 PLANSPONSOR Awards for Excellence dinner.
11 providers received the highest marks when, nationwide, sponsors of defined contribution plans of all sizes answered questions about their satisfaction with recordkeeping providers, in the 2021 PLANSPONSOR Defined Contribution Survey.
Nearly 1,700 responses were received and tabulated; 11 companies each accumulated the greatest number of service awards in the survey’s six main asset classes, ranging from micro plans, with less than $5 million in assets, to mega plans, with more than $1 billion in assets. All honorees are listed below; the parenthetical numbers are the number of Best in Class (BIC) awards received.
The survey results relating to provider satisfaction were published in the December 2021–January 2022 issue of PLANSPONSOR magazine and online in January. Industry data from the same survey appeared in the October–November 2021 issue of the magazine and may be viewed in the 2021 DC Plan Benchmarking Survey.
The companies will be recognized at the 2022 PLANSPONSOR Excellence in Retirement Awards dinner. This networking event celebrates the accomplishments of “the best of the best” in the retirement plan industry. This year’s dinner will be part of the 2022 PLANSPONSOR National Conference, to be held at the JW Marriott Orlando, Grande Lakes, in Orlando, Florida, in June.
For more information about the conference, please contact:
Sponsorship information: Rob Reif for sponsorship information
General information: Carol Popkins.
Scroll down to see the 2021 DC Survey Standout.
Micro (<$5MM)
-
AWARDS11CUNA Mutual Group
gold -
10Ascensus
silver -
9Newport
bronze -
9Securian Financial
bronze -
9Voya Financial
bronze
Small A ($5MM–$25MM)
-
AWARDS12BOK Financial
gold -
11Ascensus
silver -
10Securian Financial
bronze
Small B (>$25MM–$50MM)
-
AWARDS10Charles Schwab
gold -
10Empower
gold -
8Ascensus
bronze
Mid (>$50MM–$200MM)
-
AWARDS11Milliman, Inc.
gold -
10Voya Financial
silver -
9John Hancock
bronze
Large (>$200MM–$1B)
-
AWARDS12Charles Schwab
gold -
9Milliman, Inc.
silver -
6T. Rowe Price
bronze
Mega (>$1B)
-
AWARDS11T. Rowe Price
gold -
10Charles Schwab
silver -
8Voya Financial
bronze