DB scheme costs comparison tool

The summary below provides highlights from our defined benefit (DB) scheme running costs research report 2014, tailored to your scheme size.

The research asked a series of questions to calculate the total annual running cost of schemes in the sample. This was divided by the number of scheme members to provide an average cost per member, meaning that costs can be compared among schemes in different size bands

Scheme size	Small	Medium	Large	Very Large
Lowest cost per member	£264	£138	£80	£59
Average cost per member	£1054	£505	£281	£182
Highest cost per member	£2744	£1021	£689	£398

Please note: these figures exclude the costs of levies and the production of actuarial valuations.

Average scheme cost per member

Extreme values have been removed from the low and high costs data provided. The low and high cost values represent the 5th and 95th percentile.

Breakdown of DB scheme running costs

This pie chart shows a breakdown of scheme running costs by category. The results are an average of all schemes in a size band for a typical year.

• Find full details of cost breakdowns in our DB scheme running costs research report.
• Use our checklist to help you compare your DB scheme costs.

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