National City Corp. Retirement Plan Services
1900 E. Ninth St., Cleveland, OH 44114; phone: (877) 622-5479; fax: (216) 222-7185; www.nationalcity.com
RECORD KEEPING
Total DC assets record kept ($ mil) 5,364
For plans with:
Fewer than 100 employees 758
100-499 employees 956
500-999 employees 848
1,000-4,999 employees 642
5,000-9,999 employees 471
More than 25,000 employees 1,689
No. of DC record-keeping clients:
Corporate 401(k) 414
Taft-Hartley 3
403(b) 6
Other DC 253
% of assets under record keeping in:
Proprietary investments 30%
Outside investments 41%
Self-directed brokerage/funds window 5%
Company stock 22%
Other 2%
SERVICES PROVIDED:
Discrimination testing
Form 5500
1099s
State/federal tax withholding
Prototype plan document
Plan design
Summary plan descriptions
404(c) compliance
Ongoing plan compliance
Standardized education print materials
Customized education print materials
Standardized communications
Customized communications
Fund information
Investment performance
Finance/retirement planning materials
Investment advice
Employee meetings
Employee one-on-one meetings
Foreign-language materials
SERVICES VIA VOICE-RESPONSE/
OPERATOR/INTERNET
Enrollment - v-o-i
Contribution rate change - v-o-i
Investment election change - v-o-i
Transfer request - v-o-i
Loan request/note preparation - v-o-i
Rollovers - i
QDROs form request - o
Distribution - v-o-i
Address change - o-i
Questions on employee statement - o
Questions on distributions - o-i
Investment information - v-o-i
Prospectus/statement requests - o
Daily valuation - v-o-i
INVESTMENT MANAGEMENT:
Assets under management ($ millions):
Total DC assets managed 1,500
Internally managed DC assets 1,500
In-house investment management services are provided through:
Mutual funds
Separate accounts
Commingled funds
Stable value/GIC
Insurance annuities
STAFFING:
Record-keeping operations 63
Compliance/testing/plan design 33
Information technology 11
Investment analysis/due diligence 11
Dedicated conversion/installation 7
Relationship managers 30
Enrollment specialists 8
Education/communication consultants 11
National City Corp. Retirement Plan Services offers 23 fund families through its fund alliance structure, representing 87 funds.
Client contact: Gary L. Warren.
Nationwide Financial
1 Nationwide Plaza, Columbus, OH 43017; phone: (800) 626-3112; fax: (614) 435-0174; www.nationwidefinancial.com
RECORD KEEPING
Total DC assets record kept ($ mil) 46,592
For plans with:
Fewer than 100 employees 13,180
100-499 employees 7,970
500-999 employees 3,023
1,000-4,999 employees 6,777
5,000-9,999 employees 2,169
10,000-24,999 employees 1,401
More than 25,000 employees 12,072
No. of DC record-keeping clients:
Corporate 401(k) 22,276
Other 401(k) 2
457 7,566
403(b) 11,101
Other DC 7,355
% of assets under record keeping in:
Proprietary investments 36%
Outside investments 64%
SERVICES PROVIDED:
Discrimination testing
Form 5500
1099s
State/federal tax withholding
Prototype plan document
Plan design
Customized plan documents
Summary plan descriptions
404(c) compliance
Ongoing plan compliance
Investment policy preparation
Standardized education print materials
Customized education print materials
Standardized communications
Customized communications
Fund information
Investment performance
Finance/retirement planning materials
Investment advice
Employee meetings
Employee one-on-one meetings
Foreign-language materials
SERVICES VIA VOICE-RESPONSE/
OPERATOR/INTERNET
Enrollment - o-i
Contribution rate change - o-i
Investment election change - v-o-i
Transfer request - v-o-i
Loan request/note preparation - o-i
Rollovers - o-i
QDROs form request - o-i
Distribution - o-i
Hardship withdrawal - o-i
Address change - o-i
Questions on employee statement - o-i
Questions on distributions - o-i
Investment information - v-o-i
Prospectus/statement requests - o-i
Daily valuation - v-o-i
INVESTMENT MANAGEMENT:
Assets under management ($ millions):
Total DC assets managed 27,200
Internally managed DC assets 11,900
In-house investment management services are provided through:
Mutual funds
Separate accounts
Commingled funds
Stable value/GIC
Nationwide Financial offers 35 fund families through its fund alliance structure, representing 310 funds.
Client contact: Margaret Brinkman.
New York Life Investment Management LLC
51 Madison Ave., New York, NY 10010; phone: (973) 394-3000; fax: (973) 394-4632; www.nylim.com/retirement
RECORD KEEPING
Total DC assets record kept ($ mil) 7,241
For plans with:
Fewer than 100 employees 254
100-499 employees 976
500-999 employees 1,216
1,000-4,999 employees 3,343
5,000-9,999 employees 477
10,000-24,999 employees 695
More than 25,000 employees 280
No. of DC record-keeping clients:
Corporate 401(k) 1,123
Taft-Hartley 14
457 16
403(b) 2
Other DC 101
% of assets under record keeping in:
Proprietary investments 43%
Outside investments 52%
Company stock 5%
SERVICES PROVIDED:
Discrimination testing
Form 5500
1099s
State/federal tax withholding
Prototype plan document
Plan design
Customized plan documents
Summary plan descriptions
404(c) compliance
Ongoing plan compliance
Investment policy preparation
Standardized education print materials
Customized education print materials
Standardized communications
Customized communications
Fund information
Investment performance
Finance/retirement planning materials
Investment advice
Employee meetings
Employee one-on-one meetings
Foreign-language materials
SERVICES VIA VOICE-RESPONSE/
OPERATOR/INTERNET
Enrollment - v-o-i
Contribution rate change - v-o-i
Investment election change - v-o-i
Transfer request - v-o-i
Loan request/note preparation - v-o-i
Rollovers - v-o-i
QDROs form request - v-o-i
Distribution - v-o-i
Hardship withdrawal - v-o-i
Address change - o-i
Questions on employee statement - o-i
Questions on distributions - v-o-i
Investment information - v-o-i
Prospectus/statement requests - v-o-i
Daily valuation - v-o-i
INVESTMENT MANAGEMENT:
Assets under management ($ millions):
Total DC assets managed 17,331
Internally managed DC assets 13,353
In-house investment management services are provided through:
Mutual funds
Separate accounts
Commingled funds
Stable value/GIC
STAFFING:
Record-keeping operations 122
Compliance/testing/plan design 52
Information technology 44
Investment analysis/due diligence 7
Dedicated conversion/installation 20
Total retirement outsourcing 21
Relationship managers 32
Education/communication consultants 17
New York Life Investment Management LLC offers 35 fund families through its fund alliance structure, representing 500 funds.
The parent company is New York Life Insurance Co.
Client contact: Don Salama.
Northeast Retirement Services Inc.
69 Cummings Park, Woburn, MA 01801; phone: (781) 970-5009; fax: (781) 935-5059; www.neretire.com
RECORD KEEPING
Total DC assets record kept ($ mil) 750
No. of DC record-keeping clients:
Corporate 401(k) 195
Taft-Hartley 2
457 1
403(b) 1
% of assets under record keeping in:
Outside investments 100%
SERVICES PROVIDED:
Discrimination testing
Form 5500
1099s
State/federal tax withholding
Prototype plan document
Plan design
Summary plan descriptions
404(c) compliance
Ongoing plan compliance
Investment policy preparation
Standardized education print materials
Standardized communications
Customized communications
Fund information
Investment performance
Finance/retirement planning materials
Employee meetings
Foreign-language materials
SERVICES VIA VOICE-RESPONSE/
OPERATOR/INTERNET
Investment election change - v-i
Transfer request - v-i
Loan request/note preparation - v-i
QDROs form request - v-i
Investment information - i
Daily valuation - v-i
STAFFING:
Record-keeping operations 25
Compliance/testing/plan design 1
Information technology 2
Dedicated conversion/installation 2
Relationship managers 1
Northeast Retirement Services Inc. offers 33 fund families through its fund alliance structure, representing 990 funds.
Client contact: Mike Falivena.
Northern Trust Retirement Consulting LLC
3003 Summit Blvd., Suite 100, Atlanta, GA 30319; phone: (678) 259-6356; fax: (678) 259-6230; www.northerntrust.com
RECORD KEEPING
Total DC assets record kept ($ mil) 29,000
No. of DC record-keeping clients:
Corporate 401(k) 66
Other DC 11
% of assets under record keeping in:
Proprietary investments 25%
Outside investments 35%
Self-directed brokerage/funds window 15%
Company stock 25%
SERVICES PROVIDED:
Discrimination testing
Form 5500
1099s
State/federal tax withholding
Plan design
Summary plan descriptions
404(c) compliance
Ongoing plan compliance
Investment policy preparation
Standardized education print materials
Customized education print materials
Standardized communications
Customized communications
Fund information
Investment performance
Finance/retirement planning materials
Investment advice
Employee meetings
Employee one-on-one meetings
Foreign-language materials
SERVICES VIA VOICE-RESPONSE/
OPERATOR/INTERNET
Enrollment - v-o-i
Contribution rate change - v-o-i
Investment election change - v-o-i
Transfer request - v-o-i
Loan request/note preparation - v-o-i
Rollovers - o
QDROs form request - o
Distribution - v-o-i
Hardship withdrawal - v-o-i
Address change - o
Questions on employee statement - o-i
Questions on distributions - o-i
Investment information - v-o-i
Prospectus/statement requests - v-o-i
Daily valuation - v-o-i
INVESTMENT MANAGEMENT:
Assets under management ($ millions):
Total DC assets managed 29,000
Internally managed DC assets 8,410
In-house investment management services are provided through:
Mutual funds
Separate accounts
Commingled funds
Stable value/GIC
STAFFING:
Record-keeping operations 120
Compliance/testing/plan design 33
Information technology 101
Investment analysis/due diligence 60
Dedicated conversion/installation 45
Total retirement outsourcing 90
Relationship managers 7
Enrollment specialists 100
Education/communication consultants 9
Northern Trust Retirement Consulting LLC offers an unlimited number of fund families through its fund alliance structure.
The parent company is Northern Trust Corp.
Client contact: Mike Hall.
