This paper presents a comparative loss analysis performed between an LLC converter and a phase-shift converter under the same size conditions using a power supply manufactured for information communications equipment. It is also shown herein that the LLC converter has a much higher ratio of transformer loss to total loss than the phase-shift converter and that the cause is the difference in the number of transformer turns between the two converters. Further, the ON-resistance of the secondary-side rectifier element and the number of transformer primary turns are shown to determine which of the two converters is superior in terms of low loss.