Magazine for Senior Financial Executives: Best-Laid plans: As 401 plans come under scrutiny, buyers need to choose more wisely than ever before. Providers Part 1 – k

Best-Laid plans: As 401 plans come under scrutiny, buyers need to choose more wisely than ever before. Providers Part 1 – k – CFO Buyer’s Guide: 401k

In case you missed it, September 4 was “National 401(k) Day,” sponsored by the Profit Sharing/401(k) Council of America to celebrate the anniversary of the 1978 legislation that ushered in the do-it-yourself approach to retirement riches. The event took place three weeks to the day following the abrupt resignation of Enron CEO Jeffrey Skilling.

No one remarked on the convergence, yet now, several months later, the Enron debacle may well produce the most substantive changes to 401(k) legislation since its creation. Lawmakers have rushed in with any number of proposals, prompting North Dakota congressman and pension expert Earl Pomeroy to note, “The good news is, Congress is now interested. The bad news is, Congress is now interested.”

Whether Pomeroy’s fear that “ill-advised, well-intentioned legislation [may] do some serious damage” comes to pass remains to be seen, but in the interim, companies are taking a hard look at their 401(k) offerings.

So are we. This year we’ve made three substantive changes to our annual 401(k) Buyer’s Guide. First, in collaboration with Dalbar Inc., a leading research firm specializing in 401(k) plans, we’ve defined new standards for inclusion: all companies now meet clearly delineated standards in terms of how long they’ve been in business, the presence they have in various market segments, and the degree to which current clients use various services.

These details are spelled out on our Web site, which brings us to the second change: because we are offering far more data on more companies, we are showing just the highlights on the following pages. Deeper profiles of each provider are available at www.efo.com/401kguide.

And finally, this year we’ve segmented the profiles in a way that best reflects how companies actually shop for 401(k) providers, either by full-service firms or by “a la carte providers. This issue profiles nearly six dozen major players in the full-service space and next month we’ll bring you listings of the companies that offer record keeping and investment-only functions a la carte.

ABN AMRO ASSET

MANAGEMENT

Chicago

(800) 224-8719

www.abnamro401k.com

No. of full-service plans

in each mkt.:

* fewer than 100 employees 103

* 100-99 262

* 1,000-4,999 54

* 5,000+ 6

Assets in full-service plans:

* managed internally 50%

* managed externally 50%

No. of participants in 205,000

full-service plans

No. of full-service plans– 400

at yr.-end 2001

–at yr.-end 2000 335

–at yr.-end 1999 295

–converted in 2001 75

No. of funds available to

full-service plans:

* internally managed 20

* externally managed Unlimited

Self-directed brokerage Yes

available?

Avg. asset-allocation rates Stable value 16%,

in full-svc. plans fixed-income 10%,

equity 71%, self-dir. 1%

co. stock 1%, other 1%

Avg. participation rate 75%

Avg. deferral rate 5%

AIM MANAGEMENT

ADP GROUP

Roseland, NJ Houston

(800) 432-401K (800) 347-1919

www.adp401k.com www.aimfunds.com

No. of full-service plans

in each mkt.:

* fewer than 100 employees 11,346 2,104

* 100-99 711 191

* 1,000-4,999 27 2

* 5,000+ 31 1

Assets in full-service plans:

* managed internally 0 $801 million

* managed externally $2.5 billion NA

No. of participants in Approx. 1.8 million NA

full-service plans

No. of full-service plans– 13,123 2,575

at yr.-end 2001

–at yr.-end 2000 10,637 2,171

–at yr.-end 1999 7,888 1,046

–converted in 2001 NA 142

No. of funds available to

full-service plans:

* internally managed 0 49

* externally managed Depends on market 552+

Self-directed brokerage Yes Yes, for plans $5M+

available?

Avg. asset-allocation rates Varies by market NA

in full-svc. plans

Avg. participation rate NA NA

Avg. deferral rate NA NA

ALLIANCE BENEFIT

GROUP

Peoria

(800) 224-4205

www.allbenefits.com

No. of full-service plans

in each mkt.:

* fewer than 100 employees 2,623

* 100-99 1,450

* 1,000-4,999 65

* 5,000+ 12

Assets in full-service plans:

* managed internally NA

* managed externally $3.2 billion

No. of participants in NA

full-service plans

No. of full-service plans– 4,150

at yr.-end 2001

–at yr.-end 2000 2,695

–at yr.-end 1999 2,150

–converted in 2001 850

No. of funds available to

full-service plans:

* internally managed NA

* externally managed 3,000

Self-directed brokerage Yes

available?

Avg. asset-allocation rates Stable value 15%,

in full-svc. plans fixed-income 15%,

equity 60%,

self-directed 5%,

co. stock 5%

Avg. participation rate 94%

Avg. deferral rate 7.5%

AMERICAN EXPRESS

ASSET MGMNT.

Minneapolis

(800) 437-0600

www.americanexpress.com/

retirement

No. of full-service plans

in each mkt.:

* fewer than 100 employees 64

* 100-99 145

* 1,000-4,999 122

* 5,000+ 54

Assets in full-service plans:

* managed internally $27 billion

* managed externally $4.2 billion

No. of participants in 1,137,515

full-service plans

No. of full-service plans– 1.1 million

at yr.-end 2001

–at yr.-end 2000 1.1 million

–at yr.-end 1999 1 million

–converted in 2001 75,278

No. of funds available to

full-service plans:

* internally managed 82

* externally managed 2,500+

Self-directed brokerage Yes

available?

Avg. asset-allocation rates Avgs.: Stable val. 18%

in full-svc. plans fixed-inc./MM 19%, equity 50%

self-dir. <1%, co. stock 12%

Avg. participation rate NA

Avg. deferral rate NA

AMERICAN SKANDIA

LIFE ASSURANCE

Shelton, CT

(800) 628-6039, ext. 21406

www.americanskandia.com

No. of full-service plans

in each mkt.:

* fewer than 100 employees 464

* 100-999 138

* 1,000-4,999 3

* 5,000+ 0

Assets in full-service plans:

* managed internally $508 million

* managed externally 0

No. of participants in full- 26,978

service plans

No. of full-service plans– 585

at yr.-end 2001

–at yr. end 2000 509

–at yr. end 1999 290

–converted in 2001 76

No. of funds available to

full-service plans:

* internally managed 28

* externally managed 0

Self-directed brokerage Yes

available?

Avg. asset-allocation rates NA

in full-svc. plans

Avg. participation rate NA

Avg. deferral rate NA

AMERICAN UNITED

LIFE INSURANCE

Indianapolis

(317) 285-1877

www.aul.com

No. of full-service plans

in each mkt.:

* fewer than 100 employees 5,583

* 100-999 558

* 1,000-4,999 7

* 5,000+ 0

Assets in full-service plans:

* managed internally $1.4 billion

* managed externally $2.5 billion

No. of participants in full- 410,682

service plans

No. of full-service plans– 6,763

at yr.-end 2001

–at yr. end 2000 6,772

–at yr. end 1999 6,093

–converted in 2001 Approx. 300

No. of funds available to

full-service plans:

* internally managed 9

* externally managed 34

Self-directed brokerage Later 2002

available?

Avg. asset-allocation rates Stable value 25%,

in full-svc. plans fixed-income 5%,

equity 60%, other 10%

Avg. participation rate 50% (median)

Avg. deferral rate NA

AMERITAS LIFE BANC ONE INVESTMENT

INSURANCE

Columbus, OH

Lincoln, NE (800) 282-9494

(800) 923-2732 www.bankone.com

www.ameritas.com www.onegroup.com

No. of full-service plans

in each mkt.:

* fewer than 100 employees 470 740

* 100-999 31 710

* 1,000-4,999 4 28

* 5,000+ 0 10

Assets in full-service plans:

* managed internally $293.1 million $3.7 billion

* managed externally $262.2 million $3.5 billion

No. of participants in full- 20,021 235,009

service plans

No. of full-service plans– 505 1,478

at yr.-end 2001

–at yr. end 2000 449 1,390

–at yr. end 1999 393 1,791

–converted in 2001 15 82

No. of funds available to

full-service plans:

* internally managed 2 30

* externally managed 39 200

Self-directed brokerage No On exception

available?

Avg. asset-allocation rates Stable value 48.08% Stable value 10%,

in full-svc. plans fixed-income 6.81%, fixed-income 5%,

equity 45.1% equity 55%,

self-directed 2%,

co. stock 3%

Avg. participation rate NA NA

Avg. deferral rate NA NA

BANK OF AMERICA

Chicago

(800) 211-4461

www.bankofamerica.com

No. of full-service plans

in each mkt.:

* fewer than 100 employees 135

* 100-999 825

* 1,000-4,999 190

* 5,000+ 45

Assets in full-service plans:

* managed internally $3.75 billion

* managed externally $11.3 billion

No. of participants in full- 1 million

service plans

No. of full-service plans– 1,195

at yr.-end 2001

–at yr. end 2000 1,100

–at yr. end 1999 956

–converted in 2001 100

No. of funds available to

full-service plans:

* internally managed 33

* externally managed 72

Self-directed brokerage Yes

available?

Avg. asset-allocation rates Stable value 15%,

in full-svc. plans fixed-inc. 15%,

self-dir. 5%,

co. stock 2%,

other 8%

Avg. participation rate 75%

Avg. deferral rate 6%

BANK OF NEW YORK

New York, NY

(212) 635-7323

www.bnyretire.com

No. of full-service plans in each

mkt.:

* fewer than 100 employees 75

* 100-999 363

* 1,000-4,999 102

* 5,000+ 39

Assets in full-service plants:

* managed internally $60.4 billion

* managed externally $59.6 billion

No. of participants in Approx. 350,000

full-service plans

No. of full-service 589

plans–at yr. end 2001

–at yr.-end 2000 552

–at yr.-end 1999 520

–converted in 2001 37

No. of funds available to

full-service plans:

* internally managed 22

* externally managed 737

Self-directed brokerage available? Yes

Avg. asset-allocation rates in Stable val. 2%, fixed-inc. 10%,

full-svc. plans equity 70%, self-dir. <17%,

co. stock 15%, other 2%

Avg. participation rate 88%

Avg. deferral rate 6%

CBIZ CENTURY

BUSINESS SERVICES

Cleveland

(800) 562-1865

www.smartplan.com

No. of full-service plans in each

mkt.:

* fewer than 100 employees 2,232

* 100-999 544

* 1,000-4,999 28

* 5,000+ 1

Assets in full-service plants:

* managed internally $5 million

* managed externally $2.1 billion

No. of participants in 250,750

full-service plans

No. of full-service 2,805

plans–at yr. end 2001

–at yr.-end 2000 2,524

–at yr.-end 1999 2,189

–converted in 2001 324

No. of funds available to

full-service plans:

* internally managed Unlimited

* externally managed Unlimited

Self-directed brokerage available? Yes

Avg. asset-allocation rates in Stable value 11%, fixed-inc.

full-svc. plans 6%, equity 80%, self-dir. 1%,

co. stock 1%, other 1%

Avg. participation rate 85%

Avg. deferral rate 5%

CERIDIAN

RETIREMENTS PLAN

St. Petersburg, FL

(877) 677-7401

www.ceridian401k.com

No. of full-service plans in each

mkt.:

* fewer than 100 employees 1,070

* 100-999 345

* 1,000-4,999 54

* 5,000+ 10

Assets in full-service plants:

* managed internally 0

* managed externally $3 billion

No. of participants in 118,925

full-service plans

No. of full-service 1,429

plans–at yr. end 2001

–at yr.-end 2000 1,395

–at yr.-end 1999 1,365

–converted in 2001 127

No. of funds available to

full-service plans:

* internally managed 0

* externally managed 6,800

Self-directed brokerage available? Yes

Avg. asset-allocation rates in Stable value 20%, fixed-income

full-svc. plans 10%, equity 60%, self-directed

4%, co. stock 4%, other 2%

Avg. participation rate 85%

Avg. deferral rate 4.2%

CHARLES SCHWAB

CORPORATE SERVICES

Richfield, OH

(877) 456-0777

www.SchwabPlan.com

No. of full-service plans in each

mkt.:

* fewer than 100 employees 174

* 100-999 371

* 1,000-4,999 70

* 5,000+ 10

Assets in full-service plants:

* managed internally $3.5 billion

* managed externally $12 billion

No. of participants in 330,000

full-service plans

No. of full-service 628

plans–at yr. end 2001

–at yr.-end 2000 590

–at yr.-end 1999 519

–converted in 2001 62

No. of funds available to

full-service plans:

* internally managed 30

* externally managed 1,700

Self-directed brokerage available? Yes

Avg. asset-allocation rates in Stable value 5%, fixed-income

full-svc. plans 13%, equity 68%, self-directed

7%, co. stock 3%, other 4%

Avg. participation rate 84%

Avg. deferral rate 6%

CIGNA RETIREMENT &

INVESTMENT SERVICES

Hartford

(800) 574-0615

www.cigna.com

No. of full-service plans in each

mkt.:

* fewer than 100 employees 1,160

* 100-999 1,032

* 1,000-4,999 210

* 5,000+ 27

Assets in full-service plants:

* managed internally $17.8 billion

* managed externally $6.4 billion

No. of participants in 950,000

full-service plans

No. of full-service 2,459

plans–at yr. end 2001

–at yr.-end 2000 2,595

–at yr.-end 1999 2,500

–converted in 2001 NA

No. of funds available to

full-service plans:

* internally managed 41

* externally managed Unlimited

Self-directed brokerage available? Yes

Avg. asset-allocation rates in Stable value 40%, fixed-

full-svc. plans income 4%, equity 50%, self-

directed 1%, co. stock 5%

Avg. participation rate 80%

Avg. deferral rate 7%

CITISTREET

Quincy, MA

(617) 664-2917

www.citistreetonline.com

No. of full-service plans

in each mkt.:

* fewer than 100 employees 7,098

* 100-999 330

* 1,000-4,999 66

* 5,000+ 62

Assets in full-service plants:

* managed internally 0

* managed externally Via alliance

No. of participants in 4.4 million

full-service plans

No. of full-service 7,556

plans–at yr. end 2001

–at yr.-end 2000 6,889

–at yr.-end 1999 NA (co. formed 4/2001)

–converted in 2001 720

No. of funds available to

full-service plans:

* internally managed 0

* externally managed 3,000+

Self-directed brokerage available? Yes

Avg. asset-allocation rates in Stable value 12%, fixed-inc.

full-svc. plans 9%, equity 53%, self-dir. 4%,

co. stock 21%, other 1%

Avg. participation rate 59.4%

Avg. deferral rate 9.5%

COMERICA BANK

Detroit

(800) 872-1242

www.comerica.com

No. of full-service plans

in each mkt.:

* fewer than 100 employees Approx. 146

* 100-999 Approx. 326

* 1,000-4,999 13

* 5,000+ 4

Assets in full-service plants:

* managed internally 22%

* managed externally 78%

No. of participants in 160,000

full-service plans

No. of full-service 519

plans–at yr. end 2001

–at yr.-end 2000 5541

–at yr.-end 1999 718

–converted in 2001 NA

No. of funds available to

full-service plans:

* internally managed 60

* externally managed 445

Self-directed brokerage available? Yes

Avg. asset-allocation rates in Stable value 10%, fixed-

full-svc. plans income 4%, equity 73%, self-

dir. <1%, co. stock 13%

Avg. participation rate 78%

Avg. deferral rate 6%

DAILYACCESS.COM

Mobile, AL

(888) 535-4322

www.dailyaccess.com

No. of full-service plans

in each mkt.:

* fewer than 100 employees 418

* 100-999 140

* 1,000-4,999 5

* 5,000+ 2

Assets in full-service plants:

* managed internally 0

* managed externally 100%

No. of participants in 60,000

full-service plans

No. of full-service 600

plans–at yr. end 2001

–at yr.-end 2000 450

–at yr.-end 1999 299

–converted in 2001 150

No. of funds available to

full-service plans:

* internally managed 0

* externally managed 650

Self-directed brokerage available? Yes, upon approval

Avg. asset-allocation rates in Stable value 1%, fixed-income

full-svc. plans 23%, equity 76%, self-dir. <1%,

co. stock <1%

Avg. participation rate 50%

Avg. deferral rate NA

DELAWARE

INVESTMENTS

Philadelphia

(888) 323-6287

www.delawareinvestment.com

No. of full-service plans

in each mkt.:

* fewer than 100 employees 12,740

* 100-999 400

* 1,000-4,999 22

* 5,000+ 2

Assets in full-service plants:

* managed internally $3 billion

* managed externally $5 billion

No. of participants in 320,741

full-service plans

No. of full-service 13,167

plans–at yr. end 2001

–at yr.-end 2000 11,531

–at yr.-end 1999 10,010

–converted in 2001 1,000

No. of funds available to

full-service plans:

* internally managed 34

* externally managed 73

Self-directed brokerage available? Yes

Avg. asset-allocation rates in Stable value 25%, fixed-income

full-svc. plans 28%, equity 36%, co. stock 3%,

other 8%

Avg. participation rate 75%

Avg. deferral rate 6%

DIVERSIFIED

INVESTMENT ADVISORS

Purchase, NY

(800) 770-6797

www.divinvest.com

No. of full-service plans

in each mkt.:

* fewer than 100 employees 135

* 100-999 825

* 1,000-4,999 190

* 5,000+ 45

Assets in full-service plants:

* managed internally $3.8 billion

* managed externally $11.2 billion

No. of participants in 1 million

full-service plans

No. of full-service 1,195

plans–at yr. end 2001

–at yr.-end 2000 1,100

–at yr.-end 1999 956

–converted in 2001 100

No. of funds available to

full-service plans:

* internally managed 6

* externally managed 14

Self-directed brokerage available? Yes

Avg. asset-allocation rates in Stable value 15%, fixed-inc.

full-svc. plans 15%, equity 55%, self-dir.

5%, co. stock 2%, other 8%

Avg. participation rate 75%

Avg. deferral rate 6%

(1)Smaller plans moved to Comerica Securities

EQUITABLE

LIFE

New York

(212) 314-5137

www.axacs.com

No. of full-service plans in each

mkt.:

* fewer than 100 employees NA

* 100-999 NA

* 1,000-4,999 NA

* 5,000+ NA

Assets in full-service plans:

* managed internally NA

* managed externally NA

No. of participants in 132,654

full-service plans

No. of full-service plans–at yr.- NA

end 2001

–at yr.-end 2000 NA

–at yr.-end 1999 NA

–converted in 2001 NA

No. of funds available to

full-service plans

* Internally managed 67

* externally managed 150+

Self-directed brokerage available? Yes

Avg. asset-allocation rates in NA

full-svc. plans

Avg. participation rate NA

Avg. deferral rate NA

FEDERATED

INVESTORS

Pittsburgh, PA

(800) 341-7400

www.federatedinvestors.

com

No. of full-service plans in each

mkt.:

* fewer than 100 employees 480

* 100-999 215

* 1,000-4,999 25

* 5,000+ 5

Assets in full-service plans:

* managed internally $1.5 billion

* managed externally $700 million

No. of participants in 98,000

full-service plans

No. of full-service plans–at yr.- 725

end 2001

–at yr.-end 2000 665

–at yr.-end 1999 600

–converted in 2001 120

No. of funds available to

full-service plans

* Internally managed 160

* externally managed 110

Self-directed brokerage available? Yes

Avg. asset-allocation rates in Stable value 10%,

full-svc. plans fixed-inc. 15%, equity

50%, self-dir. 3%, co.

stock 20%, other 2%

Avg. participation rate NA

Avg. deferral rate NA

FIDELITY

INVESTMENTS

Boston

(800) 343-3548

www.fidelity.com

No. of full-service plans in each

mkt.:

* fewer than 100 employees 6,938

* 100-999 3,777

* 1,000-4,999 925

* 5,000+ 408

Assets in full-service plans:

* managed internally $233.1 billion

* managed externally $185.1 billion

No. of participants in 8.5 million

full-service plans

No. of full-service plans–at yr.- 12,050

end 2001

–at yr.-end 2000 10,057

–at yr.-end 1999 7,505

–converted in 2001 NA

No. of funds available to

full-service plans

* Internally managed Unlimited

* externally managed Unlimited

Self-directed brokerage available? Yes

Avg. asset-allocation rates in Stable value 19%,

full-svc. plans fixed-income 3%, equity

59%, self-directed 1%,

co. stock 18%

Avg. participation rate 73%

Avg. deferral rate 7%

FIFTH THIRD

BANK

Cincinnati

(800) 336-6782, ext.

5334

www.retire.53.com

No. of full-service plans in each

mkt.:

* fewer than 100 employees 1,050

* 100-999 206

* 1,000-4,999 57

* 5,000+ 15

Assets in full-service plans:

* managed internally $3.3 billion

* managed externally $1.9 billion

No. of participants in 157,000

full-service plans

No. of full-service plans–at yr.- 1,328

end 2001

–at yr.-end 2000 1,213

–at yr.-end 1999 823

–converted in 2001 118

No. of funds available to

full-service plans

* Internally managed 21

* externally managed 67

Self-directed brokerage available? Yes

Avg. asset-allocation rates in Stable value 4%,

full-svc. plans fixed-income 21%, equity

71%, self-directed 1%,

co. stock 3%

Avg. participation rate 82%

Avg. deferral rate 6%

FRANKLIN TEMPLETON

INVESTMENTS

San Mateo, CA

(800) 530-2432

www.franklintempleton.

com

No. of full-service plans in each

mkt.:

* fewer than 100 employees 235

* 100-999 101

* 1,000-4,999 3

* 5,000+ 3

Assets in full-service plans:

* managed internally 92%

* managed externally 8%

No. of participants in 59,697

full-service plans

No. of full-service plans–at yr.- 342

end 2001

–at yr.-end 2000 331

–at yr.-end 1999 467

–converted in 2001 55

No. of funds available to

full-service plans

* Internally managed Depends on plan size

* externally managed Depends on plan size

Self-directed brokerage available? Yes, for plans $3M+

Avg. asset-allocation rates in Stable value 15%,

full-svc. plans fixed-inc. 6.7%, equity

60.1%, co. stock 0.7%

other 17.5%

Avg. participation rate Approx. 70%

Avg. deferral rate NA

GREAT-WEST FAMILY

OF COS.

Greenwood Village, CO

(800) 338-4015, ext.3068

www.gwla.com/benefits

No. of full-service

plans in each mkt.:

* fewer than 100 employees 8,820

* 100-99 1,935

* 1,000-4,999 168

* 5,000+ 61

Assets in full-service plans:

* managed internally $15.8 billion

* managed externally $26.3 billion

No. of participants in 2.2 million

full-service plans

No. of full-service plans–at 10,984

yr.-end 2001

–at yr.-end 2000 8,581

–at yr.-end 1999 7,962

–converted in 2001 184

No. of funds available to

full-service plans:

* internally managed 28

* externally managed 400+

Self-directed brokerage Yes

available?

Avg. asset-allocation rates Stable value 10%, fixed-

in full-svc. plans income 9% eqity <75%.

self-dir. <1%, co. stock <5%

Avg. participation rate 72%

Avg. deferral rate 6%

GUARDIAN LIFE

INSURANCE

New York

(800) 799-4015

www.guardian

retirement.com

No. of full-service

plans in each mkt.:

* fewer than 100 employees 5,784

* 100-99 312

* 1,000-4,999 3

* 5,000+ 0

Assets in full-service plans:

* managed internally $0.8 billion

* managed externally $1.7 billion

No. of participants in 192,000

full-service plans

No. of full-service plans–at 6,099

yr.-end 2001

–at yr.-end 2000 5,953

–at yr.-end 1999 5,228

–converted in 2001 706

No. of funds available to

full-service plans:

* internally managed 9

* externally managed 30

Self-directed brokerage Yes

available?

Avg. asset-allocation rates Stable value 2%, fixed-income

in full-svc. plans 18%, equity 80%

Avg. participation rate NA

Avg. deferral rate NA

HARTFORD LIFE

INSURANCE

Simsbury, CT

(800) 874-2502

http://retire.hartfordlife.com

No. of full-service

plans in each mkt.:

* fewer than 100 employees 1,563

* 100-99 180

* 1,000-4,999 4

* 5,000+ 1

Assets in full-service plans:

* managed internally $1.5 billion

* managed externally $660 million

No. of participants in 120,000

full-service plans

No. of full-service plans–at 1,748

yr.-end 2001

–at yr.-end 2000 1,173

–at yr.-end 1999 792

–converted in 2001 356

No. of funds available to

full-service plans:

* internally managed 18

* externally managed 22

Self-directed brokerage Yes

available?

Avg. asset-allocation rates Stable value 30.8%, fixed-inc.

in full-svc. plans 3.9%, equity 53.2%, self-dir.

0.2%, co. stock 1.4%, other 10.5%

Avg. participation rate NA

Avg. deferral rate 7.2%

ING AETNA FINANCIAL

SERVICES

Hartford

(888) 238-6243

www.aetnafinancial.com

No. of full-service

plans in each mkt.:

* fewer than 100 employees 16,126

* 100-99 1,373

* 1,000-4,999 81

* 5,000+ 9

Assets in full-service plans:

* managed internally $9.6 billion

* managed externally $8.3 billion

No. of participants in 862,089

full-service plans

No. of full-service plans–at 3,000 on average

yr.-end 2001

–at yr.-end 2000 3,000 on average

–at yr.-end 1999 3,000 on average

–converted in 2001 NA

No. of funds available to

full-service plans:

* internally managed 32

* externally managed 136

Self-directed brokerage Yes

available?

Avg. asset-allocation rates Stable value 12.9%, fixed-

in full-svc. plans income 12.3%, equity 73.45,

self-dir. 0.1%, co. stock 1.3%

Avg. participation rate 85%

Avg. deferral rate NA

INGHAM GROUP

Coral Gables, FL

(305) 662-5557

www.ingham.com

No. of full-service

plans in each mkt.:

* fewer than 100 employees 405

* 100-99 45

* 1,000-4,999 10

* 5,000+ 0

Assets in full-service plans:

* managed internally $290 million

* managed externally $320 million

No. of participants in 30,000+

full-service plans

No. of full-service plans–at 455

yr.-end 2001

–at yr.-end 2000 425

–at yr.-end 1999 375

–converted in 2001 30

No. of funds available to

full-service plans:

* internally managed Unlimited

* externally managed Unlimited

Self-directed brokerage Yes

available?

Avg. asset-allocation rates Stable value 5%, fixed-income

in full-svc. plans 20%, equity 60%, self-dir.

10%, co. stock 2%, other 3%

Avg. participation rate 80%

Avg. deferral rate 6%

INVESCO RETIREMENT

Atlanta

(800) 538-6370

www.invescoretirement.com

No. of full-service plans in

each mkt.:

* fewer than 100 employees 851

* 100-999 567

* 1,000-4,999 103

* 5,000+ 20

Assets in full-service plans:

* managed internally $8 billion

* managed externally $5.1 billion

No. of participants in full- 629,822

service plans

No. of full-service plans–at 1,541

yr. end 2001

–at yr.-end 2000 581

–at yr.-end 1999 421

–converted in 2001 864

No. of funds available to

full-service plans:

* internally managed 97

* externally managed 307

Self-directed brokerage Yes

available?

Avg. asset-allocation rates Stable value 19%, fixed-

in full-svc. plans income 5%, equity 58%, co.

stock 18%

Avg. participation rate 80.2%

Avg. deferral rate 4.9%

INVESMART

Pittsburgh

(877) 934-4015

www.invesmart.com

No. of full-service plans in

each mkt.:

* fewer than 100 employees 1,770

* 100-999 700

* 1,000-4,999 28

* 5,000+ 2

Assets in full-service plans:

* managed internally $1.8 billion

* managed externally $3.5 billion

No. of participants in full- 260,000

service plans

No. of full-service plans–at 2,500

yr. end 2001

–at yr.-end 2000 2,000

–at yr.-end 1999 1,850

–converted in 2001 500

No. of funds available to

full-service plans:

* internally managed 0

* externally managed 2,000

Self-directed brokerage Yes

available?

Avg. asset-allocation rates NA

in full-svc. plans

Avg. participation rate NA

Avg. deferral rate NA

J.P. MORGAN/AMERICAN

CENTURY

Kansas City, MO

(800) 988-9084

www.americancentury.com

No. of full-service plans in

each mkt.:

* fewer than 100 employees 72

* 100-999 111

* 1,000-4,999 76

* 5,000+ 28

Assets in full-service plans:

* managed internally $12.2 billion

* managed externally $17.8 billion

No. of participants in full- 524,836

service plans

No. of full-service plans–at 287

yr. end 2001

–at yr.-end 2000 278

–at yr.-end 1999 273

–converted in 2001 17

No. of funds available to

full-service plans:

* internally managed Unlimited

* externally managed Unlimited

Self-directed brokerage Yes

available?

Avg. asset-allocation rates Stable value 17%, fixed-

in full-svc. plans income 3%, equity 39%, self-

directed 1%, co. stock 40%

Avg. participation rate 67%

Avg. deferral rate 7%

LORD, ABBETT

Jersey City, NJ

(800) 253-7299

www.lordabbett.com

No. of full-service plans in

each mkt.:

* fewer than 100 employees 2,242

* 100-999 36

* 1,000-4,999 0

* 5,000+ 0

Assets in full-service plans:

* managed internally $375 million

* managed externally 0

No. of participants in full- 47,838

service plans

No. of full-service plans–at 2,278

yr. end 2001

–at yr.-end 2000 1,668

–at yr.-end 1999 1,143

–converted in 2001 144

No. of funds available to

full-service plans:

* internally managed 22

* externally managed 0

Self-directed brokerage No

available?

Avg. asset-allocation rates Stable value 11%, fixed-

in full-svc. plans income 21%, equity 68%

Avg. participation rate NA

Avg. deferral rate 4.9%

MARSHALL & ILSLEY

TRUST

Milwaukee

(866) 418-9399

www.miltrust.com

No. of full-service plans in

each mkt.:

* fewer than 100 employees 573

* 100-999 228

* 1,000-4,999 55

* 5,000+ 10

Assets in full-service plans:

* managed internally $2.1 billion

* managed externally $5.9 billion

No. of participants in full- 320,000

service plans

No. of full-service plans–at 576

yr. end 2001

–at yr.-end 2000 616

–at yr.-end 1999 626

–converted in 2001 37

No. of funds available to

full-service plans:

* internally managed 17

* externally managed 1,600

Self-directed brokerage Yes

available?

Avg. asset-allocation rates Stable val. 19%, fixed-inc.

in full-svc. plans 8%, equity 47%, self-dir. 1%,

co. stock 9%, other 16%

(MAAPs)

Avg. participation rate 85.1%

Avg. deferral rate 5.6%

MASSMUTUAL

RETIREMENT

Springfield, MA

(800) 228-2479

www.massmutual.com/retire

No. of full-service plans in

each mkt.:

* fewer than 100 employees NA

* 100-999 NA

* 1,000-4,999 NA

* 5,000+ NA

Assets in full-service plans:

* managed internally $14 billion

* managed externally $9.5 billion

No. of participants in full- 575,000

service plans

No. of full-service plans–at 4,400

yr. end 2001

–at yr.-end 2000 4,000

–at yr.-end 1999 3,600

–converted in 2001 NA

No. of funds available to

full-service plans:

* internally managed 35

* externally managed 35

Self-directed brokerage Yes

available?

Avg. asset-allocation rates Stable value 36%, fixed-

in full-svc. plans income 2%, equity 60%, self-

directed 1%, co. stock 1%

Avg. participation rate 80%

Avg. deferral rate 5%

MELLON HR SOLUTIONS

Fort Lee, NJ

(201) 363-2836

www.unifi.com

No. of full-service plans in

each mkt.:

* fewer than 100 employees 13

* 100-999 63

* 1,000-4,999 49

* 5,000+ 64

Assets in full-service plans:

* managed internally $6.7 billion

* managed externally $48.3 billion

No. of participants in full- 1.2 million

service plans

No. of full-service plans–at 189

yr. end 2001

–at yr.-end 2000 175

–at yr.-end 1999 162

–converted in 2001 14

No. of funds available to

full-service plans:

* internally managed 150+

* externally managed Unlimited

Self-directed brokerage Yes

available?

Avg. asset-allocation rates Stable value 17.8%, fixed-

in full-svc. plans inc. 2.4%, equity 35.9%,

self-dir. 0.4%, co. stock

39.5%, other 4%

Avg. participation rate 77%

Avg. deferral rate 6%

MERRILL LYNCH

Pennington, NJ

(609) 274-9678

www.ml.com

No. of full-service plans in

each mkt.:

* fewer than 100 employees 16,540

* 100-999 1,027

* 1,000-4,999 246

* 5,000+ 42

Assets in full-service plans:

* managed internally $30 billion

* managed externally $50.5 billion

No. of participants in full- 2.7 million

service plans

No. of full-service plans–at 17,855

yr. end 2001

–at yr.-end 2000 18,875

–at yr.-end 1999 13,921

–converted in 2001 4,837

No. of funds available to

full-service plans:

* internally managed 50

* externally managed 850

Self-directed brokerage Yes

available?

Avg. asset-allocation rates Stable value 23.2%, fixed-

in full-svc. plans inc. 11.3%, equity 38.9%,

self-dir. 0.1%, co. stock

23.2%, other 3.3%

Avg. participation rate 72%

Avg. deferral rate 7.5%

METLIFE

New York

(212) 578-2211

www.metlife.com

No. of full-service plans in

each mkt.:

* fewer than 100 employees 3,024

* 100-999 543

* 1,000-4,999 89

* 5,000+ 36

Assets in full-service plans:

* managed internally $7.3 billion

* managed externally $53.2 billion

No. of participants in full- 2.2 million

service plans

No. of full-service plans–at 3,692

yr. end 2001

–at yr.-end 2000 2,067

–at yr.-end 1999 2,157

–converted in 2001 387

No. of funds available to

full-service plans:

* internally managed 52

* externally managed 800+

Self-directed brokerage Yes

available?

Avg. asset-allocation rates NA

in full-svc. plans

Avg. participation rate NA

Avg. deferral rate NA

MFS INVESTMENT

MANAGEMENT

Boston

(800) 343-2829

www.mfs.com

No. of full-service plans in

each mkt.:

* fewer than 100 employees 7,338

* 100-999 830

* 1,000-4,999 36

* 5,000+ 7

Assets in full-service plans:

* managed internally $10 billion

* managed externally $90 million

No. of participants in full- 1.1 million

service plans

No. of full-service plans–at 813

yr. end 2001

–at yr.-end 2000 769

–at yr.-end 1999 NA

–converted in 2001 197

No. of funds available to

full-service plans:

* internally managed 43

* externally managed Unlimited (with conditions)

Self-directed brokerage Yes

available?

Avg. asset-allocation rates Stable val. 9.5%, fixed-inc.

in full-svc. plans 12.6%, equity 58.3%, self-

dir. <1%, co. st. 1.5%,

other 17.2%

Avg. participation rate 76.4%

Avg. deferral rate NA

MILLIMAN USA MUTUAL OF OMAHA

Dallas Omaha

(888) 863-2206 (402) 351-7600

www.milliman.com www.mutualofomaha.com

No. of full-service plans

in each mkt.:

* fewer than 100 employees 798 438

* 100-999 400 68

* 1,000-4,999 64 2

* 5,000+ 20 1

Assets in full-service plans:

* managed internally 0 $114.4 million

* managed externally $8.6 billion $414.2 million

No. of participants in 452,000 34,784

full-service plans

No. of full-service plans–at 1,282 509

yr.-end 2001

–at yr.-end 2000 1,275 494

–at yr.-end 1999 1,478 492

–converted in 2001 38 96

No. of funds avaiable to

full-service plans:

* internally managed 0 1

* externally managed 3,673 323+

Self-directed brokerage Yes Yes

available?

Avg. asset-allocation rates Stable value 15%, Stable value 15%,

in full-svc. plans fixed-income 15%, fixed-income 1%,

equity 63%, equity 50%,

self-dir. 2%, other 34%

co. stock 5%

Avg. participation rate 78% NA

Avg. deferral rate 6.2% NA

NATIONAL CITY

Cleveland

(877) 622-5479

www.nationalcity.com

No. of full-service plans

in each mkt.:

* fewer than 100 employees 480

* 100-999 230

* 1,000-4,999 14

* 5,000+ 3

Assets in full-service plans:

* managed internally $1.7 billion

* managed externally $3.9 billion

No. of participants in 136,011

full-service plans

No. of full-service plans–at 727

yr.-end 2001

–at yr.-end 2000 877

–at yr.-end 1999 801

–converted in 2001 96

No. of funds avaiable to

full-service plans:

* internally managed 20

* externally managed 66

Self-directed brokerage Yes

available?

Avg. asset-allocation rates Stable value 11%,

in full-svc. plans fixed-income 7%,

equity 46%,

self-directed 5%,

co. stock 19%,

other 11%

Avg. participation rate NA

Avg. deferral rate NA

NATIONWIDE NEW YORK LIFE

FINANCIAL INVESTMENT MGMNT.

Columbus, OH Parsippany, NJ

(800) 367-5939 (800) 695-8744

www.bestofamerica.com www.nylim.com

No. of full-service plans

in each mkt.:

* fewer than 100 employees 20,369 1,076

* 100-999 1,562 344

* 1,000-4,999 68 84

* 5,000+ 1 21

Assets in full-service plans:

* managed internally $14.8 billion $3.1 billion

* managed externally $9.4 billion $4.1 billion

No. of participants in 881,700 501,481

full-service plans

No. of full-service plans–at 21,900 1,525

yr.-end 2001

–at yr.-end 2000 20,600 1,342

–at yr.-end 1999 18,200 1,053

–converted in 2001 2,200 43

No. of funds avaiable to

full-service plans:

* internally managed 29 42

* externally managed 291 400

Self-directed brokerage Yes Yes

available?

Avg. asset-allocation rates Stable value 33%, Stable value 20%,

in full-svc. plans fixed-income 14%, fixed-income 5%,

equity 48%, equity 68%,

other 5% co. stock 7%

Avg. participation rate NA 74%

Avg. deferral rate NA 7%

NORTHERN TRUST OPPENHEIMERFUNDS

RETIREMENT

Atlanta New York

(678) 259-6000 (212) 323-0200

www.northerntrust.com www.oppenheimer

funds.com

No. of full-service plans in

each mkt.:

* fewer than 100 employees 37 NA

* 100-999 61 NA

* 1,000-4,999 78 NA

* 5,000+ 46 NA

Assets in full-service plans:

* managed internally $10.5 billion $13.5 billion

* managed externally $25.5 billion 0

No. of participants in 2.3 million 130,000

full-service plans

No. of full-service–at 222 NA

yr.-end 2001

–at yr.-end 2000 225 NA

–at yr.-end 1999 219 NA

–converted in 2001 4 NA

No. of funds available to

full-service plans:

* internally managed 116 50

* externally managed Unlimited Approx. 3,000

Self-directed brokerage Yes Yes

available?

Avg. asset-allocation rates Not tracked at Stable value <1%,

in full-svc. plans combined level fixed-income 10%,

equity 70%,

other 19%

Avg. participation rate 78% NA

Avg. deferral rate 8.4% NA

PAN-AMERICAN LIFE PAYCHEX

INSURANCE

New Orleans Rochester, NY

(877) 939-4550 (800) 322-7292

www.wewill4u.com www.paychex.com

No. of full-service plans in

each mkt.:

* fewer than 100 employees 808 22,350

* 100-999 210 740

* 1,000-4,999 2 10

* 5,000+ 0 0

Assets in full-service plans:

* managed internally $128.7 million NA

* managed externally $588.2 million $2.1 billion

No. of participants in 97,804 290,000

full-service plans

No. of full-service–at 1,020 22,600

yr.-end 2001

–at yr.-end 2000 871 18,000

–at yr.-end 1999 767 13,500

–converted in 2001 228 1,400

No. of funds available to

full-service plans:

* internally managed 3 NA

* externally managed 62 7-9 per money

manager

Self-directed brokerage Yes No

available?

Avg. asset-allocation rates Stable value 19.8%, Stable value 13%,

in full-svc. plans fixed-income 4.68%, fixed-income 8%,

equity 75.46%, equity 79%

other 0.23%

Avg. participation rate 43% 75%

Avg. deferral rate NA 5%-7%

PNC ADVISORS

Pittsburgh

(800) 762-0061

www.retirement

directions.com

No. of full-service plans in

each mkt.:

* fewer than 100 employees 508

* 100-999 318

* 1,000-4,999 34

* 5,000+ 3

Assets in full-service plans:

* managed internally $1.9 billion

* managed externally $3.2 billion

No. of participants in 193,000

full-service plans

No. of full-service–at 863

yr.-end 2001

–at yr.-end 2000 807

–at yr.-end 1999 795

–converted in 2001 109

No. of funds available to

full-service plans:

* internally managed 28

* externally managed 103

Self-directed brokerage Yes

available?

Avg. asset-allocation rates Stable val. 17.4%,

in full-svc. plans fixed-income 10.2%,

equity 61.8%,

self-dir. 2.7%,

co. stk. 5.7%,

other 2.1%

Avg. participation rate 75.5%

Avg. deferral rate 4.8%

PRINCIPAL FINANCIAL

GROUP

Des Moines

(800) 543-4015

www.principal.com

No. of full-service plans in each

mkt.:

* fewer than 100 employees 22,735

* 100-999 3,041

* 1,000-4,999 185

* 5,000+ 14

Assets in full-service plans:

* managed internally $24.9 billion

* managed externally $4.4 billion

No. of participants in full-service 1.8 million

plans

No. of full-service plans–at yr. 25,993

-end 2001

–at yr.-end 2000 26,168

–at yr.-end 1999 27,093

–converted in 2001 1,927

No. of funds available to

full-service palns:

* Internally managed 48

* externally managed 107

Self-directed brokerage available? Yes

Avg. asset-allocation rates in Stable value 9%, fixed-income

full-svc. plans 23%, equity 64%, self-dir.

1%, co. stock 2%, other 1%

Avg. participation rate 71%

Avg. deferral rate 6.3%

PRUDENTIAL RETIREMENT

SERVICES

Newark, NJ

(800) 353-2847

www.prudential.com

No. of full-service plans in each

mkt.:

* fewer than 100 employees 1,733

* 100-999 823

* 1,000-4,999 73

* 5,000+ 10

Assets in full-service plans:

* managed internally $9+ billion

* managed externally $5.4+ billion

No. of participants in full-service 679,288

plans

No. of full-service plans–at yr. 2,4372

-end 2001

–at yr.-end 2000 3,2582

–at yr.-end 1999 4,066

–converted in 2001 60

No. of funds available to

full-service palns:

* Internally managed 40

* externally managed 600+

Self-directed brokerage available? Yes

Avg. asset-allocation rates in Stable 3.4%, fixed-inc. 30.4%,

full-svc. plans equity 63.9%, self-dir. 0.06%,

co. stock 0.11%, other 2.1%

Avg. participation rate NA

Avg. deferral rate NA

PUTNAM INVESTMENTS

Boston

(800) 225-2465

www.putnam.com

No. of full-service plans in each

mkt.:

* fewer than 100 employees 1,248

* 100-999 1,100

* 1,000-4,999 239

* 5,000+ 67

Assets in full-service plans:

* managed internally $38.7 billion

* managed externally $21.4 billion

No. of participants in full-service 1.7 million

plans

No. of full-service plans–at yr. 2,654

-end 2001

–at yr.-end 2000 2,726

–at yr.-end 1999 2,539

–converted in 2001 267

No. of funds available to

full-service palns:

* Internally managed 50+

* externally managed 40+

Self-directed brokerage available? Yes

Avg. asset-allocation rates in Stable val. 6.8%, fixed-inc. 2.8%,

full-svc. plans equity 54.6%, self-dir. 0.02%, co.

stock 18.4%, other 17.38%

Avg. participation rate 74%

Avg. deferral rate 6%

SAFECO LIFE & INVESTMENTS

Seattle

(800) 4SAFECO

www.safeco.com

No. of full-service plans in each

mkt.:

* fewer than 100 employees 870

* 100-999 40

* 1,000-4,999 2

* 5,000+ 0

Assets in full-service plans:

* managed internally $327 million

* managed externally $96 million

No. of participants in full-service 35,000

plans

No. of full-service plans–at yr. 912

-end 2001

–at yr.-end 2000 750

–at yr.-end 1999 680

–converted in 2001 35

No. of funds available to

full-service palns:

* Internally managed 12

* externally managed 39

Self-directed brokerage available? Yes

Avg. asset-allocation rates in Stable value 15%, fixed-income

full-svc. plans 15%, equity 60%, other 10%

Avg. participation rate 80%

Avg. deferral rate 6%

SCUDDER RETIREMENT

SERVICES

Boston

(800) 541-7701

www.scudder.com

No. of full-service plans in each

mkt.:

* fewer than 100 employees 17,555

* 100-999 267

* 1,000-4,999 62

* 5,000+ 14

Assets in full-service plans:

* managed internally $11.6 billion

* managed externally $1.2 billion

No. of participants in full-service 693,800

plans

No. of full-service plans–at yr. 18,039

-end 2001

–at yr.-end 2000 18,276

–at yr.-end 1999 17,362

–converted in 2001 1,638

No. of funds available to

full-service palns:

* Internally managed 50+

* externally managed 400+

Self-directed brokerage available? Yes

Avg. asset-allocation rates in Stable value 15%, fixed-inc.

full-svc. plans 7%, equity 71%, self-dir. 1%,

co. stock 4%, other 2%

Avg. participation rate Approx. 70%

Avg. deferral rate NA

SECURIAN RETIREMENT

SERVICES

St. Paul

(800) 627-0304,ext. 54701

www.securian.com

No. of full-service plans in each

mkt.:

* fewer than 100 employees 1,735

* 100-999 340

* 1,000-4,999 25

* 5,000+ 0

Assets In full-service plans:

* managed Internally $1.4 billion

* managed externally $1.5 billion

No. of participants in full-service 155,000

plans

No. of full-service plans–at yr. 2,120

-end 2001

–at yr.-end 2000 1,715

–at yr.-end 1999 1,510

–converted in 2001 434

No. of funds available to

full-service plans:

* Internally managed 11

* externally managed 33

Selft-directed brokerage available? Yes

Avg. asset-allocation rates in Fixed-income 6%, equity 59%,

full-svc. plans self-directed <1%, other 34%

Avg. participatlas rate 83%

Avg. deferral rate NA

SEI INVESTMENTS

Oaks, PA

(610) 676-1000

www.seic.com

No. of full-service plans in each

mkt.:

* fewer than 100 employees NA

* 100-999 NA

* 1,000-4,999 NA

* 5,000+ NA

Assets In full-service plans:

* managed Internally 91.5%

* managed externally 8.5%

No. of participants in full-service NA

plans

No. of full-service plans–at yr. NA

-end 2001

–at yr.-end 2000 NA

–at yr.-end 1999 NA

–converted in 2001 NA

No. of funds available to

full-service plans:

* Internally managed 20

* externally managed Up to 3,500

Selft-directed brokerage available? Yes

Avg. asset-allocation rates in Sta. val. 14.5%, fixed-inc.

full-svc. plans 5.4%, equity 39.7%, self-dir.

0.6%, co. stock 4.0%, other

35.8%

Avg. participatlas rate 85%

Avg. deferral rate 7%

STANDARD INSURANCE

Portland, OR

(877) 805-1127

www.standard.com

No. of full-service plans in each

mkt.:

* fewer than 100 employees 677

* 100-999 203

* 1,000-4,999 11

* 5,000+ 1

Assets In full-service plans:

* managed Internally $321.9 million

* managed externally $802.9 million

No. of participants in full-service 96,225

plans

No. of full-service plans–at yr. 892

-end 2001

–at yr.-end 2000 811

–at yr.-end 1999 801

–converted in 2001 103

No. of funds available to

full-service plans:

* Internally managed 1

* externally managed 48

Selft-directed brokerage available? Yes

Avg. asset-allocation rates in Stable value 28%, fixed-income

full-svc. plans 3%, equity 68%, self-directed

<1%, co. stock <1%

Avg. participatlas rate 83%

Avg. deferral rate 5.3%

SUNTRUST BANK (3)

Orlando

(800) 432-4760, ext. 5734

www.suntrust.com

No. of full-service plans in each

mkt.:

* fewer than 100 employees 503

* 100-999 272

* 1,000-4,999 21

* 5,000+ 3

Assets In full-service plans:

* managed Internally $2.5 billion

* managed externally $1.9 billion

No. of participants in full-service 160,089

plans

No. of full-service plans–at yr. 799

-end 2001

–at yr.-end 2000 561

–at yr.-end 1999 416

–converted in 2001 155

No. of funds available to

full-service plans:

* Internally managed 25

* externally managed 40

Selft-directed brokerage available? Yes

Avg. asset-allocation rates in Stable value 12.6%, fixed-inc.

full-svc. plans 4.3%, equity 59.5%, self-dir.

0.2%, co. stock 5%, other 18.4%

Avg. participatlas rate 71%

Avg. deferral rate 5.3%

T. ROWE PRICE

Baltimore

(800) 638-7890

www.rps.troweprice.com

No. of full-service plans in each

mkt.:

* fewer than 100 employees 337

* 100-999 415

* 1,000-4,999 188

* 5,000+ 47

Assets In full-service plans:

* managed Internally $30.6 billion

* managed externally $14.5 billion

No. of participants in full-service 1.2 million

plans

No. of full-service plans–at yr. 987

-end 2001

–at yr.-end 2000 966

–at yr.-end 1999 936

–converted in 2001 46

No. of funds available to

full-service plans:

* Internally managed 205

* externally managed 488

Selft-directed brokerage available? Yes

Avg. asset-allocation rates in Stable val. 11%, fixed-inc. 6%,

full-svc. plans equity 58%, self-dir. 0.8%, co.

stock 14%, other 10.2%

Avg. participatlas rate NA

Avg. deferral rate NA

(2) Difference from previous years due to outsourcing of record-keeping

for select plans <$3M in assets

(3) Year 2000 figures differ from previously reported; 161 plans were

accounts in SunTrust’s brokerage division that have been outsourced to

third party

TRANSAMERICA

RETIREMENT

Los Angeles

(888) 401-5826

wwww.TA-retirement.com

No. of full-service

plans in each mkt.:

* fewer than 100 employees NA

* 100-999 NA

* 1,000-4,999 NA

* 5.000+ NA

Assets in full-service plans:

* managed internally NA

* managed externally NA

No. of participants

in full-service plans 470,000

No. of full-service

plans–at yr.-end 2001 6,662

–at yr.-end 2000 NA

–at yr.-end 1999 NA

–converted in 2001 NA

No. of funds available

to full-service plans:

* internally managed 26

* externally managed 30

Self-directed brokerage available? Yes

Avg. asset-allocation

rates in full-svc. plans NA

Avg. participation rate 75%

Avg. deferral rate NA

UBS PAINEWEBBER

Weehawken, NJ

(800) 445-9977

www.ubspainewebber.com

No. of full-service

plans in each mkt.:

* fewer than 100 employees 100

* 100-999 291

* 1,000-4,999 50

* 5.000+ 10

Assets in full-service plans:

* managed internally $4.1 billion

* managed externally $741 billion

No. of participants

in full-service plans 80,000

No. of full-service

plans–at yr.-end 2001 451

–at yr.-end 2000 421

–at yr.-end 1999 401

–converted in 2001 50

No. of funds available

to full-service plans:

* internally managed 47

* externally managed 150

Self-directed brokerage available? Yes

Avg. asset-allocation

rates in full-svc. plans Stable value 27%, fixed-inc.

6%, equity 52%, self-dir. 1%,

co. stock 1%, other 13%

Avg. participation rate 80%

Avg. deferral rate 11%

UMB BANK

Kansas City, MO

(800) 821-7194

www.umb.com

No. of full-service

plans in each mkt.:

* fewer than 100 employees NA

* 100-999 NA

* 1,000-4,999 NA

* 5.000+ NA

Assets in full-service plans:

* managed internally $3.8 billion

* managed externally 0

No. of participants

in full-service plans 110,000

No. of full-service

plans–at yr.-end 2001 525

–at yr.-end 2000 NA

–at yr.-end 1999 NA

–converted in 2001 27

No. of funds available

to full-service plans:

* internally managed Unlimited

* externally managed 0

Self-directed brokerage available? Yes

Avg. asset-allocation

rates in full-svc. plans NA

Avg. participation rate NA

Avg. deferral rate NA

UNION BANK OF

CALIFORNIA

San Francisco

(800) 490-UBOC

www.uboc.com

www.selectbenefit.com

No. of full-service

plans in each mkt.:

* fewer than 100 employees 381

* 100-999 306

* 1,000-4,999 21

* 5.000+ 7

Assets in full-service plans:

* managed internally $1.3 billion

* managed externally $3.2 billion

No. of participants

in full-service plans 256,000

No. of full-service

plans–at yr.-end 2001 715

–at yr.-end 2000 640

–at yr.-end 1999 556

–converted in 2001 80

No. of funds available

to full-service plans:

* internally managed 10

* externally managed 700

Self-directed brokerage available? Yes

Avg. asset-allocation

rates in full-svc. plans Stable value 23%, fixed-income

8%, equity 50%, self-directed

3%, co. stock 4%, other 12%

Avg. participation rate 74%

Avg. deferral rate 7%

US BANK

Minneapolis

(612) 681-5052

www.usbank.com

No. of full-service

plans in each mkt.:

* fewer than 100 employees 1,599

* 100-999 405

* 1,000-4,999 23

* 5.000+ 2

Assets in full-service plans:

* managed internally $4.8 billion

* managed externally $2.5 billion

No. of participants

in full-service plans 209,375

No. of full-service

plans–at yr.-end 2001 2,029

–at yr.-end 2000 2,235

–at yr.-end 1999 1,792

–converted in 2001 462

No. of funds available

to full-service plans:

* internally managed 39

* externally managed 74

Self-directed brokerage available? Yes

Avg. asset-allocation

rates in full-svc. plans Stable value 22%, fixed-inc.

12%, equity 20%, self-dir.

8%, co. stock 10%, other 28%

Avg. participation rate Varies by plan

Avg. deferral rate Varies by plan

USI CONSULTING

GROUP

Glastonbury, CT

(860) 633-5283

www.usicg.com

No. of full-service

plans in each mkt.:

* fewer than 100 employees 49

* 100-999 244

* 1,000-4,999 36

* 5,000+ 13

Assets in full-service plans:

* managed internally 0

* managed externally $3 billion

No. of participants

in full-service plans 130,000

No. of full-service

plans–at yr.-end 2001 342

–at yr.-end 2000 328

–at yr.-end 1999 282

–converted in 2001 21

No. of funds available

to full-service plans:

* Internally managed 0

* externally managed 1,900

Self-directed

brokerage available? Yes

Avg. asset-allocation Stable value 10%, fixed-inc.

rates in full-svc. plans 10%, equity 70%, self-dir.

2%, co. stock 5%, other 3%

Avg. participation rate 82%

Avg. deferral rate 6.5%

VANGUARD GROUP

Malvern, PA

(800) 523-1036, ext. 14024

www.vanguard.com

No. of full-service

plans in each mkt.:

* fewer than 100 employees 475

* 100-999 773

* 1,000-4,999 283

* 5,000+ 83

Assets in full-service plans:

* managed internally $51.9 billion

* managed externally $34.2 billion

No. of participants

in full-service plans 2,135,433

No. of full-service

plans–at yr.-end 2001 1,614

–at yr.-end 2000 1,523

–at yr.-end 1999 1,382

–converted in 2001 151

No. of funds available

to full-service plans:

* Internally managed 41

* externally managed 29

Self-directed

brokerage available? Yes

Avg. asset-allocation Stable value 20%, fixed-inc.

rates in full-svc. plans 9%, equity 52%, self-dir. 1%,

co. stock 15%, other 3%

Avg. participation rate 70.7%

Avg. deferral rate 8.2%

VICTORY CAPITAL

MANAGEMENT

Cleveland

(877) 660-4400

www.victoryconnect.com

No. of full-service

plans in each mkt.:

* fewer than 100 employees 787

* 100-999 596

* 1,000-4,999 43

* 5,000+ 9

Assets in full-service plans:

* managed internally $5 billion

* managed externally $2.7 billion

No. of participants

in full-service plans 308,858

No. of full-service

plans–at yr.-end 2001 1,435

–at yr.-end 2000 1,559

–at yr.-end 1999 1,516

–converted in 2001 106

No. of funds available

to full-service plans:

* Internally managed 21

* externally managed 70

Self-directed

brokerage available? Yes

Avg. asset-allocation Stable value 15%, fixed-income

rates in full-svc. plans 8%, equity 40%, self-directed

5%, co. stock 25%, other 7%

Avg. participation rate Varies by plan

Avg. deferral rate Varies by plan

WACHOVIA

Charlotte, NC

(800) 917-9343

www.firstunion.com/401k

No. of full-service

plans in each mkt.:

* fewer than 100 employees 663

* 100-999 620

* 1,000-4,999 74

* 5,000+ 12

Assets in full-service plans:

* managed internally $6.5 billion

* managed externally $10 billion

No. of participants

in full-service plans 514,000

No. of full-service

plans–at yr.-end 2001 1,369

–at yr.-end 2000 1,193

–at yr.-end 1999 1,283

–converted in 2001 278

No. of funds available

to full-service plans:

* Internally managed 49

* externally managed 239

Self-directed

brokerage available? Yes

Avg. asset-allocation Stable value 26%, fixed-income

rates in full-svc. plans 6%, equity 58%, co. stock 10%

Avg. participation rate 75%

Avg. deferral rate 5%

WELLS FARGO

San Francisco

(888) 666-5995

www.wellsfargo.com

No. of full-service

plans in each mkt.:

* fewer than 100 employees 4,111

* 100-999 931

* 1,000-4,999 132

* 5,000+ 21

Assets in full-service plans:

* managed internally $17.7 billion

* managed externally $12.2 billion

No. of participants

in full-service plans 1.1 million

No. of full-service

plans–at yr.-end 2001 5,195

–at yr.-end 2000 4,700

–at yr.-end 1999 4,500

–converted in 2001 350

No. of funds available

to full-service plans:

* Internally managed 84

* externally managed Unlimitod

Self-directed

brokerage available? Yes

Avg. asset-allocation Stable value 25%, fixed-inc.

rates in full-svc. plans 5%, equity 55%, self-directed

1%, co. stock 10%, other 4%

Avg. participation rate 78.1%

Avg. deferral rate 5.5%

COPYRIGHT 2002 CFO Publishing Corp.

COPYRIGHT 2002 Gale Group