Stats on Daily vs. Traditional

[Guest mac_qka]

Hello,

I'm looking for somewhat current national statistics on the use of daily valuation vs. traditional recordkeeping. Can anyone offer a good source? So far, I've looked at PSCA, EBRI, etc. Can't quite seem to find the needle in the haystack.

Thanks for any information you may provide!

[JanetM]

I would expect that there are few balance forward plans left around. Call a TPA firm and ask the question "what percentage of the plans you do admin for are blance forward?". The follow on question is how many plans are trustee directed.

[Guest Eric.]

Our firm recordkeeps/handles over 100 NQDCP's. About 70% are daily valuation and Statements are available online to all participants as well as the Sponsors. The daily and online services are sponsor elected.

[K2retire]

The firm where I used to work had about exclusively balance forward and DB plans. It was a small firm with about 800 DC plans, I think about 60% of them were DC plans.

[PensionPro]

The DOL Web site has this from the 2005 pension plan bulletin. I could find nothing more current. Best wishes.

2005pensionplanbulletin.pdf

[SheilaD]

Hello,

I'm looking for somewhat current national statistics on the use of daily valuation vs. traditional record keeping. Can anyone offer a good source? So far, I've looked at PSCA, EBRI, etc. Can't quite seem to find the needle in the haystack.

Thanks for any information you may provide!

I can't give you national but our firm's DC plans are split 75% balance forward, 25% daily.