Ohio Deferred Compensation

What Ohio Deferred Compensation does

Ohio Deferred Compensation is a non-profit organization headquartered in Columbus, Ohio, established in 1976, that administers a state-sponsored 457(b) deferred compensation plan for public employees of the State of Ohio and its political subdivisions. The organization exists to address insufficient retirement savings among Ohio public-sector workers by providing tax-deferred retirement savings vehicles and supplemental retirement income beyond participants' primary pension benefits. Core offerings center on tax-deferred retirement savings funded through payroll deductions, with flexible investment options intended to deliver supplemental retirement income on top of state pension entitlements; pain points addressed are limited retirement savings options, the absence of tax-advantaged savings, and the need for income beyond pension.

The entity operates as a horizontally-segmented, persona-focused program targeting Ohio public employees, with no disclosed pricing model, fee schedule, or revenue mechanics in the source data, consistent with its non-profit, state-sponsored status. Distribution is implicit through employer payroll systems and direct enrollment via the plan website at ohio457.org, and the firm employs 11-50 people according to available firmographics. No technology stack, proprietary platform, or AI/ML capability is documented in the input, and the primary company website did not render substantive content beyond a browser compatibility warning, limiting visibility into current product functionality or technical architecture.

Because Ohio Deferred Compensation functions as a state-administered public employee benefit program established under Internal Revenue Code Section 457, conventional private-sector performance metrics (revenue, ARR, funding rounds, M&A, equity ownership) are not applicable or not disclosed, and the available source material confirms only its legal name, non-profit classification, founding year, and 11-50 employee count. No parent company, subsidiaries, management team, partnerships, awards, patents, or certification data were extractable from the sources provided.

Name

Ohio Deferred Compensation

Legal name

Ohio Deferred Compensation

Website

https://ohio457.org

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

11–50 employees

Short description

Ohio Deferred Compensation is a non-profit, state-sponsored 457(b) deferred compensation plan founded in 1976 in Columbus, Ohio, serving public employees of the State of Ohio and its political subdivisions with tax-deferred retirement savings and supplemental retirement income beyond pension.

Ownership category

akta.pro rank

Product category

Government Retirement Savings Plans

NAICS

Pension Funds (52511), Pension Funds (525110)

akta.pro primary industry

Workforce Benefits Administration (Enrollment & Deductions) (BPACAIAF)

Keywords

• Government retirement plans
• Public sector 457(b)
• Supplemental retirement savings
• Tax-deferred compensation
• Public employee benefits

Headquarters

HQ city

Columbus

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Core offering

Ohio Deferred Compensation administers the State of Ohio's 457(b) deferred compensation plan, offering public employees a tax-advantaged, payroll-deduction-based vehicle for supplemental retirement savings beyond their pension. The plan provides flexible investment options and is delivered as a state-sponsored employee benefit to State of Ohio employees and those of its political subdivisions.

Differentiator

Problem solved

Functional benefit

Products and services

• Ohio 457(b) Deferred Compensation Plan State-sponsored, tax-deferred retirement savings plan for Ohio public employees and employees of Ohio political subdivisions, funded through voluntary payroll deductions and offering flexible investment options for supplemental retirement income beyond pension.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves1 record

Broad incumbents

• Empower Retirement: Empower is the largest U.S. retirement plan recordkeeper serving both public and corporate DC plans, including many state and municipal 457(b) plans. It is a broad incumbent with overlapping product capabilities but a far larger geographic and segment footprint than Ohio DC.
• Voya Financial: Voya is a large retirement, employee benefits, and investment provider with significant public-sector DC plan administration business. It offers 457(b) recordkeeping and competing products to state plans like Ohio DC.
• Fidelity Investments: Fidelity provides retirement plan recordkeeping and offers 457(b) products that compete with state-sponsored plans for participant rollovers and voluntary contributions. It is a broad incumbent rather than a direct public-sector specialist.
• Corebridge Financial: Corebridge (formerly AIG Life & Retirement) is a major retirement services provider that serves public-sector 457(b) plans alongside its core K-12 and higher-ed market. It is a broad incumbent competitor in the deferred comp administration space.
• TIAA: TIAA is a large retirement plan provider with deep penetration in the public-sector and higher-ed markets. It offers 457(b) products and competes with state-sponsored plans for voluntary contributions from public employees.
• Prudential Retirement (PGIM Retirement): Prudential's retirement business administers public- and corporate-sector DC plans including 457(b). It is comparable as a broad incumbent in the deferred comp administration space but operates at much greater scale and segment breadth than Ohio DC.

Regional players

• CalSTRS: CalSTRS administers retirement benefits for California public educators, including supplemental savings programs. It is comparable to Ohio DC as a state-sponsored retirement administrator, though it serves a different geography.
• CalPERS: CalPERS administers California's public employee pension and supplemental savings plans (including a 457(b) component). It is comparable as a state-sponsored retirement benefit administrator but is geographically distinct from Ohio DC.

Direct peers

• MissionSquare Retirement: MissionSquare (formerly ICMA-RC) is a major recordkeeper and administrator of public-sector defined contribution plans, including 457(b) plans. It directly competes with Ohio DC by serving similar government employee populations with comparable tax-deferred retirement products.
• Nationwide Retirement Solutions: Nationwide Retirement Solutions administers 457(b) and other public-sector retirement plans for many states and municipalities. It competes head-to-head with state-sponsored plans like Ohio DC in the public-sector deferred comp market.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights4 records

Customer concentration

• Xx.com/ohiodc
• Facebookfacebook.com/OhioDeferredCompensation
• LinkedInlinkedin.com/company/ohio-deferred-compensation

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ohio Deferred Compensation