82 Devonshire St., Boston, MA 02109; phone: (617) 563-7000; fax: (617) 476-6150; www.401k.com
(No. of participants)
Bundled (inc. in-house asset mgmt.) 5,400,000
Participants served exclusively 5,400,000
Bundled services 5,400,000
Generic employee investment education
Customized employee investment education
Generic employee communications
Customized employee communications
Compliance and reporting
SECURE PRIVATE NETWORK SERVICES
Changes to contribution allocations
Retirement planning assistance
INVESTMENT MANAGEMENT SERVICES
Total defined contribution assets: $197.1 billion
In-house investment management services are provided through:
Internally managed mutual funds
Internally managed commingled funds
Internally managed separate accounts
External investment management services are provided through:
Fidelity Investments provides services to 17,614 sponsors: 15,439 for bundled services (including in-house investment management); 2,175 for investment management only.
It offers account balances, account transfers, 24-hour access, changes to current/future allocations, performance data, fund information and retirement planning assistance through its Web site.
It has investment management partnerships with AMR, Calvert, Founders, INVESCO, Janus, MAS, Morgan Stanley, Neuberger & Berman, PBHG, PIMCO, Strong, Templeton, USAA and Warburg Pincus. Its 403(b) fixed annuity is provided by The Principal and MetLife.
The client contacts are Joseph Dattilo for large companies; Scott Thomas for midsized companies; and Bill Carey for small companies.