Morningstar has launched a directory of retirement plan service providers that lists assets overseen, fees, top clients, number of plans served and geographic concentration. The company obtains the information on 5,000 investment managers, consultants, recordkeepers and administrators from plan sponsor filings with the Department of Labor.

“We began building a pension, endowment and foundation databases in the fall of 2008,” said Steve Deutsche, director of the database. “In addition to compiling information about public and private plans, we also culled information about providers that serve these plans.”

The directory allows users to sort through the providers by location, inputting either a state or zip code, by number of clients served or by assets.


“The multitude of companies serving public and private pension plans constitute a diverse and segmented market,” Deutsche added. “This makes it challenging for plan sponsors to find impartial, comprehensive and consolidated information one database. Our goal is to provide plan administrators and consultants with an objective resource for making better-informed decisions that will ultimately benefit plan participants.”

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.