2022
Recordkeeping Survey
Industry Snapshot
Recordkeeping Industry Snapshot
The annual PLANSPONSOR Recordkeeping Survey was conducted this June via an online questionnaire. Recordkeepers of defined contribution plans participated in the survey and provided the information outlined on the subsequent pages. According to internal analysis based on the “2022 Investment Company [Institute] Fact Book,” this year’s results represent over $10 trillion in DC assets, which are estimated to account for about 83% of the overall DC market. The following charts and profiles are aggregated and ranked by reported total assets, plans and participants. Specifically, the profiles offer a look into a breakdown of sponsor service offerings, participant services and related offerings. All data from this survey are reported as of December 31, 2021. To participate in a future survey, including the 2023 Recordkeeping Survey, please email Surveys@issgovernance.com. —Kimberley Gonzalez-Quiles
Total Defined Contribution (DC) Plan Assets, by Plan Types
401(k)__ 403(b)__ 457 __ Money purchase/profit sharing __ Nonqualified deferred compensation__ Other
$10.3T
$9.43T
$10T
$8T
$7.12T
$6.11T
$6.08T
$6T
$4.60T
$4T
$2T
$0
2013
2015
2017
2019
2021
2022
$10.35T
$9.43T
$10T
$8T
$7.12T
$6.11T
$6.08T
$6T
$4.60T
$4T
$2T
$0
2013
2015
2017
2019
2021
2022
$10.35T
$9.43T
$10T
$8T
$7.12T
$6.11T
$6.08T
$6T
$4.60T
$4T
$2T
$0
2013
2015
2017
2019
2021
2022
$10.35T
$9.43T
$10T
$8T
$7.12T
$6.11T
$6.08T
$6T
$4.60T
$4T
$2T
$0
2013
2015
2017
2019
2021
2022
Plan Tenure with the Provider
48%
86,042
of recordkeepers offering multiple service models
DC recordkeeping plans added in 2021
48%
86,042
of recordkeepers offering multiple service models
DC recordkeeping plans added in 2021
48%
86,042
of recordkeepers offering multiple service models
DC recordkeeping plans added in 2021
48%
86,042
of recordkeepers offering multiple service models
DC recordkeeping plans added in 2021
