Partnerships
The data behind every decision.
Two kinds of partners feed PlanTools. Morningstar provides fund data for 330,000+ investments, updated every month. Recordkeepers send plan data every month, some daily, and many send participant data too.
How data reaches PlanTools
Fund data · Plan data
Morningstar
Fund data
- Investments
- 330,000+
- Updated
- Monthly
Recordkeepers
Plan data
- Plan level
- Monthly, some daily
- Participant level
- Many partners
PlanTools
One record
Where it’s used
- Scorecards
- Investment monitoring
- Reports
- Benchmarking
- Plan Design and Plan Health
- Prospecting
- Target Date Analyzer
- Nexus and MCP connectors
Morningstar
Fund data for 330,000+ investments, every month.
Our partnership with Morningstar gives PlanTools access to all of its investment data, and the right to build custom reports, solutions, and features on it. The returns, risk, expenses, and portfolio data behind every fund an advisor scores, monitors, and reports on come from Morningstar.
- Investments covered
- 330,000+
- Access
- All of Morningstar’s investment data
- Updated
- Every month
- Investment types
- Open-end funds, CITs, ETFs, Variable Annuities / Variable Life, Separate Accounts, Group Annuities, Private Funds, and Money Market funds
- Data provided by
- Morningstar, Inc.
All of the investment data
The partnership gives PlanTools access to all of Morningstar’s investment data, not a subset. Every scorecard, report, and answer in PlanTools reads from that one source, and the reports carry the Morningstar notice.
Updated every month
The full set of 330,000+ investments is refreshed every month. Each update reaches every part of PlanTools at once, with nothing re-keyed.
Reliable, and dated
Every figure carries the date it is as of, and it reads the same in the scorecard, the report, and the answer an assistant gives.
Built into custom reports and features
The partnership lets PlanTools build its own reports, solutions, and features on Morningstar data. Scores and percentile ranks are calculated by PlanTools rather than taken from Morningstar, so each result follows the criteria the committee adopted.
Recordkeepers
Consistent feeds that keep every plan current.
Every recordkeeper partner sends plan-level data to PlanTools at least monthly, and some send it daily. Many also deliver participant-level data, so PlanTools sees both the plan and the people in it.
Plan data, every month
Every recordkeeper partner sends plan-level data at least monthly, and some send it daily. Each plan in PlanTools updates on a consistent feed, without being keyed in by hand.
Participant data, from many
Many of our recordkeeper partners also deliver participant-level data, so PlanTools sees how the people in each plan save, invest, and approach retirement.
Data provided by 95+ Recordkeepers
Plans that arrive by recordkeeper feed also populate the benchmarking database, so fees are compared against real plans of the same size.
Participant data
From the plan to the participant, and the household.
Participant-level data from our recordkeeper partners powers Plan Design, Plan Health, and Prospecting. It is also where an advisor’s retirement plan business and wealth practice converge.
Plan Design
Shape the match, auto-features, and menu around how participants actually save and invest.
Plan Health
Participation, deferral rates, and balances, plan by plan, so you see which plans need attention first.
Prospecting
Know which plans, and which participants, are best served by a conversation with an advisor.
Convergence
Retirement and wealth, on the same data.
Retirement plan advice and wealth management have run on separate pipelines. Participant data joins them: the person in the plan is also a prospect, or already a client, of the wealth practice.
Retirement Income
Balances, contributions, and age show who is nearing retirement and how ready they are, so the income and rollover conversation starts with real numbers, at the moment a participant needs advice.
Household View
Participants who are already wealth clients are matched to their plan accounts, so the advisor sees retirement savings and outside assets together and advises the whole household.
Bring your plans in by feed.
Advisors: tell us your recordkeepers and we will tell you how their data reaches PlanTools. Recordkeepers: write to us about becoming a data partner.