Cherry Bekaert
auditor36 known aliases resolved via the canonical alias map
Market position · 2024
Plans served87+33 YoYRank #232 of mapped providers
Assets under administration$19.7B0.0%Market share · rank #708
Fees received$2MMedian $14,962/planSum across Schedule C direct + indirect
Net wins YoY+3355 won · 22 lostPlan-level switch detection
Plans served · 5-year trajectory
Market-share plans percent annotated. Bar height is raw plan count.
Customer-base shape
What does a typical Cherry Bekaert plan look like?
Service mix · median fees per plan
Count of plans where Cherry Bekaert ships each service code, and the median compensation they report under it.
| Service | Plans | Median fees | Distribution |
|---|---|---|---|
Other fees; Accounting (including auditing)Code 10 | 65 | $16,485 | |
Other services; Contract AdministratorCode 13 | 6 | $4,635 | |
Other feesCode 99 | 6 | $11,483 | |
Recordkeeping fees; Participant loan processing; Recordkeeping and information management (computing, tabulating, data processing, etc.)Code 15 | 4 | $6,150 | |
Consulting (general)Code 16 | 3 | $10,900 | |
ActuarialCode 11 | 1 | $21,262 | |
Investment advisory (plan); Direct payment from the planCode 27 | 1 | $17,324 | |
Recordkeeping feesCode 64 | 1 | $7,465 |
Competitor overlap
Percent of Cherry Bekaert's plans that also list each competitor on Schedule C. High numbers = co-living partners; low numbers = direct displacement targets.
Plans won in 2024
Appeared this year; did not appear last year under Cherry Bekaert.
| Sponsor | From | Assets |
|---|---|---|
DUKE ENERGY CORPORATIONNC · 202777218-012 | Northern Trust | $2.4B |
LEXMARK INTERNATIONALKY · 061308215-002 | MCM CPAs & Advisors LLP | $1.2B |
BRIGHTSPRING HEALTH SERVICESKY · 610875371-004 | Fidelity Investments | $794M |
BROWN-FORMAN CORPORATIONKY · 610143150-002 | Hewitt | $478M |
LEXMARK INTERNATIONAL, INC.KY · 061308215-001 | MCM CPAs & Advisors LLP | $313M |
HILTON DOMESTIC OPERATING CO, INCVA · 384009972-100 | BNY Mellon | $246M |
SOUTHERN GRAPHICS INC.KY · 562555719-001 | Transamerica | $202M |
HITACHI HIGH-TECH AMERICA, INC.IL · 010569971-002 | Wayne Hummer Investments LLC | $194M |
STEEL TECHNOLOGIES LLCKY · 610712014-002 | MCM CPAs & Advisors LLP | $191M |
ADVICS NORTH AMERICA, INC.OH · 300022045-001 | MCM CPAs & Advisors LLP | $174M |
Plans lost in 2024
Appeared last year under Cherry Bekaert; not this year.
| Sponsor | To | Assets |
|---|---|---|
WOODS ROGERS VANDEVENTER BLACK PLCVA · 541294386-002 | Foti Flynn Lowen & Co. PC | $121M |
BANDWIDTH INC.NC · 562242657-001 | EisnerAmper LLP | $89M |
SENTINEL TECHNOLOGIES, INC.IL · 363199182-002 | Merrill | $88M |
ISCO INDUSTRIES, INC.KY · 610600157-001 | Strategic Advisers | $77M |
LASERSHIP, INC.VA · 542015092-001 | Fidelity Investments | $68M |
GOLDBERG LINDSAY & CO. LLCNY · 134164879-001 | Ascensus | $60M |
RICHARDSON ELECTRONICS, LTD.IL · 362096643-001 | Fidelity Investments | $49M |
OLIVER PACKAGING, LLCNY · 371864363-001 | Global Retirement Partners LLC | $48M |
HARBOR GROUP MANAGEMENT CO.VA · 541329081-001 | John Hancock | $45M |
AGENCE FRANCE-PRESSEDC · 131534363-002 | Empower | $27M |
Top plans by assets
Searchable full list lands with the commercial layer.
| Plan | Assets | Participants | Fees | Tenure | Flags |
|---|---|---|---|---|---|
PACE INDUSTRY UNION-MANAGEMENT PENSION FUNDTN · 116166763-001 | $2.8B | 60,684 | $52,815 | 6y | - |
DUKE ENERGY CORPORATIONNC · 202777218-012 | $2.4B | 14,346 | $9,969 | 1y | - |
KIMLEY HORN AND ASSOCIATES, INC.NC · 560885615-001 | $2.3B | 9,981 | $8,283 | 9y | - |
HILTON DOMESTIC OPERATING COMPANY, INC.VA · 384009972-101 | $2.3B | 36,894 | $66,720 | 8y | - |
LEXMARK INTERNATIONALKY · 061308215-002 | $1.2B | 2,949 | $25,900 | 1y | 1 |
FIRST-CITIZENS BANK & TRUST COMPANYNC · 560223230-001 | $1.1B | 4,492 | $31,500 | 2y | - |
BRIGHTSPRING HEALTH SERVICESKY · 610875371-004 | $794M | 47,721 | $30,975 | 1y | 1 |
BOARD OF TRUSTEES OF GRAPHIC ARTS INDUSTRY JOINT PENSION PLANVA · 521074215-001 | $567M | 8,221 | $43,241 | 1y | - |
ELECTRICAL WORKERS LOCAL 369 RETIREMENT FUNDKY · 610957563-001 | $549M | 4,201 | $34,000 | 2y | - |
BROWN-FORMAN CORPORATIONKY · 610143150-002 | $478M | 2,908 | $103,266 | 1y | - |
Flag exposure
82.8%Market: 89.1%
This provider
Market baseline
Share of this provider's plans tripping any deterministic red flag this year. Lower than market baseline = better risk surface.
Aliases resolved (36)
Raw Schedule C names collapsed into Cherry Bekaert.
- BENEFIT ADVISORS
- BENEFIT ADVISORS, INC
- BENEFIT COMMERCE GROUP LLC
- BENEFIT COMMERCE GROUP, LLC
- BENEFIT CONSULTANT GROUP
- BENEFIT CONSULTANTS LLC
- BENEFIT CONSULTING GROUP
- CHERRY BAEKERT
- CHERRY BAKAERT
- CHERRY BAKAERT LLP
- CHERRY BEKAERT
- CHERRY BEKAERT & HOLLAND LLC
- CHERRY BEKAERT & HOLLAND LLP
- CHERRY BEKAERT & HOLLAND, LLP
- CHERRY BEKAERT ADVISORY LLC
- CHERRY BEKAERT AND HOLLAND, LLP
- CHERRY BEKAERT LLC
- CHERRY BEKAERT LLP
- CHERRY BEKAERT LLP.
- CHERRY BEKAERT, LLP
- CHERRY BEKART
- CHERRY BEKART LLP
- CHERRY BEKART, LLP
- CHERRY BEKEART
- CHERRY BEKEART LLP
Book composition by plan size
Bars stack to total plans served; segments use the same asset cutoffs as the /plans size filter. Up-and-to-the-right on the bigger segments = moving up-market.
Under $5M$5-50M$50-250M$250M-1B$1B+
Compliance posture vs market
Per-flag share for Cherry Bekaert's book against the same flag's overall prevalence across all filings. Negative delta = under-indexed (cleaner book); positive = elevated risk surface.
| Flag | Plans flagged | Provider % | Market % | Delta |
|---|---|---|---|---|
| Recently terminated | 3 | 3.45% | 7.76% | -4.31 pp |
| Fidelity bond gap | 0 | 0.00% | 26.94% | -26.94 pp |
| Late contributions | 14 | 16.09% | 1.71% | +14.38 pp |
| Failed to provide benefit | 2 | 2.30% | 0.14% | +2.16 pp |
| Corrective distributions | 17 | 19.54% | 1.76% | +17.78 pp |
| Loss discovered | 0 | 0.00% | 0.00% | -0.00 pp |
New-plan formation share
Share of plans filing for the first time each year that landed with Cherry Bekaert. Compare to the incumbent market share (0.1%) - higher = winning new business, lower = coasting on existing relationships.
0.0%-0.1 pp vs incumbent
Frequent partners by role
Who else shows up on Cherry Bekaert's plans most often. Switch tabs by counterparty role - high-overlap names are either referral channels (advisors, auditors) or competitive blocks (other recordkeepers).
| Partner | Shared plans | % of book |
|---|---|---|
| Mercer | 6 | 6.9% |
| Strategic Advisers | 6 | 6.9% |
| WTW | 6 | 6.9% |
| Aon | 4 | 4.6% |
| Kestra Advisory Services | 2 | 2.3% |
| Mesirow Financial | 2 | 2.3% |
| Morningstar Investment Management | 2 | 2.3% |
| Northwestern Mutual Wealth Management Company | 2 | 2.3% |
| OneDigital | 2 | 2.3% |
| Retirement Management Services, LLC | 2 | 2.3% |
Geographic penetration index
(Provider plans in state / state plans) divided by the provider's overall share of the market. Index 1.00 = average; > 1 = over-indexed (winning more than their fair share); < 1 = under-indexed (white space).