2015 mid-year consolidation report - NAPA Net

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2015 MID-YEAR CONSOLIDATION REPORT PROVIDER Pioneer BMO NADART Ascensus NYLife RPS Newport Group Financial Telesis Great-West/Putnam/JP Morgan City National Frank Russell Cetera JP Morgan Large Mkt RK Putnam RK Nuveen Daily Access Munder CPI Ridgeworth NFP ING Tower Square Verisight Walnut Street Securities ASPire

ACTION Merger Selling Sold Selling Sold Sold Sold Rebranded Sold Sold Sold Sold Merged Sold Sold Sold Rebranded Sold Taken Private IPO Sold Sold Sold Raise Capital

Type DCIO RK RK RK RK RK BD RK RK IO BD RK RK IO RK RK RK IO BD RK BD RK BD RK

Dwight Asset Management ExpertPlan Hartford Morgan Keegan Vanguard Columbia Investments E Plan M&I McGladrey Oppenheimer First American Funds Matrix McCready & Keene NextStep/BenefitStreet NRP ABG MidAtlantic Baden (Clark) CPI Hand Benefits Merrill Lynch

Sold Sold Sold Sold Outsourced sold sold sold sold Exited RK Sold Sold sold sold sold sold Sold Sold sold Sold

IO RK RK BD RK IO RK RK RK RK IO OTHER RK RK BD RK RK RK OTHER BD

SUCCESSOR Santander/Warburg/Gen Atl OneAmerica Empower-Retirement John Hancock Verisight and Stone Point LPL Empower-Retirement OneAmerica LSE RCAP Great-West Great-West TIAA-Cref Verisight and Stone Point Victory CUNA Mutual Lightyear & Management Madison Dearborn Public Cetera Stone Point Cetera Financial Technology Ventures Goldman Sachs Ascensus MassMutual Raymond James Ascensus Ameriprise Paychex BMO Verisight Ascensus Nuveen Broadridge OneAmerica Verisight LPL BPA Ascensus CUNA Mutual BPA Bank of America

DATE 2015 2015 2015 2015 2015 2014 2014 2014 2014 2014 2014 2014 2014 2014 2014 2014 2014 2013 2013 2013 2013 2013 2013 2012 2012 2012 2012 2012 2012 2011 2011 2011 2011 2011 2010 2010 2010 2010 2010 2009 2009 2009 2009 2009

Putnam

sold

RK

Schloss & Co. Symetra (Mutual Fund Product) Wachovia 401(k)Advisors & RPAG CitiStreet First Mercantile Bisys Franklin Templeton Princeton Retirement Group Sentinel Benefits SunLife (MFS) UBOC Ameriprise Baden CCA Ceridian Cynergy Geller & Wind Invesmart MetLife MFS Southeastern Employee Benefits SunGuard (STN) The 401kCompany US Bank ABN AMRO American Express Amvescap AXA Advisors CitiStreet

sold Sold Sold sold Sold sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Partnered Sold Sold Sold Sold/Renamed Sold Outsourced Sold (403(b) Business)

RK RK RK BD RK RK

Federated Investors Fifth Third Bank JP Morgan Mellon Metavante (M&I) MetLife Sunguard Travelers Union Central AG Edwards American Express BancOne Bank of NY CNA Trust Comerica

Outsourced Outsourced Outsourced Sold Sold Outsourced 403(b) Sold Sold Merged Sold Outsourced Sold Sold Sold Outsourced

Power Financial (GreatWest) Sentinal (Focus Finncial) Ascensus Wells Fargo NFP ING MassMutual JC Flowers/Crump Great West Hartford Focus Financial Hartford Prudential Wachovia Clark Consulting JP Morgan Newport Group JP Morgan Focus Financial Standard Great West SunLife Paychex Fidelity (IWS) Schwab Great West Principal IPO/Ameriprise Merrill Lynch BFDS/DST Met Life

2009

Fascore Fascore Fascore ACS Great West CitiStreet Private Equity Group Met Life Ameritas/Unifi CPI Great West JP Morgan Wachovia Union Bank of California Wachovia

2005 2005 2005 2005 2005 2005 2005 2005 2005 2004 2004 2004 2004 2004 2004

2009 2009 2009 2008 2008 2008 2007 2007 2007 2007 2007 2007 2006 2006 2006 2006 2006 2006 2006 2006 2006 2006 2006 2006 2006 2005 2005 2005 2005 2005

GoldK Harris Bank John Hancock Putnam Southtrust Strong 401k Company American Century Cigna Delaware Emjay/Wells Fargo Enterprise/MONY Federated Insurance Fleet GE mPower Northern Trust Pan American PFPC Pioneer Putnam Safeco Scudder UMB US Bank Administrative Management Group American Skandia Bank of NY CBIZ Emplanet Guardian Key Bank Merchantile Bank MetLife National City Bank Nippon Life Persumma Provident Mutual State Street Research SunTrust Trustar Allmerica Emjay Fleet John Hancock

Sold Sold Sold Carve out Sold Sold Exited small market Sold Sold Outsourced Sold Sold Sold Sold Outsourced Sold Sold Sold Sold Exited Outsourced Sold Sold Sold Outsourced Sold Exited Outsourced Outsourced Exited Exited Sold Outsourced Merged Outsourced Exited Merged Sold Exited Outsourced Exited Sold Sold Outsourced Sold Retirement Business

LBMC Wells Fargo Manulife Mercer HR Wachovia Wells Fargo

2004 2004 2004 2004 2004 2004 2003

JP Morgan Prudential Bisys Great West AXA Great West Bank of America Bisys Morningstar Hewitt Securian Wachovia

2003 2003 2003 2003 2003 2003 2003 2003 2003 2003 2003 2003 2003 2003 2003 2003 2003 2003 2002

Expert Plan Symetra ADP M&I Bisys Lincoln Financial

PFPC Bisys

Principal Bisys Gen Am & New England Hewitt MassMutual Nationwide Nationwide Securian Wells Fargo INVESCO UPI

2002 2002 2002 2002 2002 2002 2002 2002 2002 2002 2002 2002 2002 2002 2002 2001 2001 2001 2001

LaSalle Bank MetLife Morgan Stanley PaineWebber Reliastar Teamvest Unifi (PWC) UPI Wachovia

Outsourced Sold large plans Outsourced Outsourced Sold Sold Sold Sold Outsourced large plans

Chicago Title & Trust Hewitt ADP/Fidelity MFS Aetna Newport Group Mellon HR Bisys Invesco

2001 2001 2001 2001 2001 2001 2001 2001 2001

Wachovia American Century

Sold Outousced/Exited Small Market

First Union ADP

2001 2000

Bank of America Huntington Bank Merrill Lynch Prudential

Outsourced Exited Sold <$3mm Outsourced <$3mm Outsourced small plans

ADP/Aegon Bisys Bisys

2000 2000 2000 2000

Trustar

2000

Outsourced Merged

Fidelity CitiStreet

1999 1999

Merged Sold Sold Sold

CitiStreet PNC Bank ING Aegon

1999

T Rowe Price Chase Manhattan Bank CitiBank (Copeland/Smith Barney) State Street PFPC Aetna Transamerica