Providers
Bank of America
DB CLIENT OVERVIEW | |
---|---|
Total DB admin clients1 | 28 |
Full outsourcing | 96% |
DB and DC clients | 50% |
DB PLAN OVERVIEW | |
---|---|
Total DB plans | 48 |
Frozen plans | NR |
Cash balance plans | 13% |
With <100 participants | 17% |
With >5,000 participants | 6% |
DB PARTICIPANT OVERVIEW | |
---|---|
Total Participants | 361,539 |
Private/Corporate2 | 100% |
Public/Government | 0% |
Retired participants | 19% |
All interactions on web | 95% |
SPONSOR SERVICES OFFERED | |
---|---|
Plan accounting / Master trust | I |
Trust and custody services | I |
Actuarial services | P |
Investment management | I |
Liability-driven investing | I |
Investment consulting | I |
PARTICIPANT ONLINE SERVICES | |
---|---|
Online initiation | Yes |
Online elections | No |
E-form processing | No |
Online inquiry status | No |
I = Internal; E = External; P = Partnership; = Supports service as of publication date; NR = Not Reported in time for publication |
Footnote: |
1Includes both full outsourcing and partial outsourcing/co-sourcing arrangements; excludes investment-only, actuary-only and plan-consulting-only clients. 2 Includes both single-employer and multi-employer/Taft-Hartley plans. |