Fidelity Investments
recordkeeper1131 known aliases resolved via the canonical alias map
Market position · 2024
Plans served12,233+318 YoYRank #1 of mapped providers
Assets under administration$3.84T4.4%Market share · rank #1
Fees received$2.1BMedian $23,500/planSum across Schedule C direct + indirect
Net wins YoY+3341,153 won · 819 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 Fidelity Investments plan look like?
Service mix · median fees per plan
Count of plans where Fidelity Investments ships each service code, and the median compensation they report under it.
| Service | Plans | Median fees | Distribution |
|---|---|---|---|
Sub-transfer agency fees; Securities brokerage commissions and fees; Recordkeeping fees; Participant loan processing; Account maintenance feesCode 37 | 9,899 | $24,822 | |
Sub-transfer agency fees; Securities brokerage commissions and fees; Recordkeeping fees; Account maintenance feesCode 60 | 1,101 | $650 | |
Securities brokerage commissions and fees; Recordkeeping fees; Account maintenance feesCode 64 | 452 | $11,476 | |
Trustee (discretionary); Sub-transfer agency fees; Plan Administrator; Investment management; Account maintenance fees; Participant loan processing; Recordkeeping feesCode 14 | 258 | $27,077 | |
Trustee (bank, trust company, or similar financial institution); Recordkeeping and information management (computing, tabulating, data processing, etc.); Direct payment from the planCode 15 | 210 | $105,733 | |
Shareholder servicing fees; Investment managementCode 28 | 101 | $0 | |
Trustee (directed); Securities brokerage commissions and fees; Sub-transfer agency fees; Account maintenance fees; Participant loan processing; Recordkeeping feesCode 25 | 69 | $113,082 | |
Trustee (directed); Recordkeeping and information management (computing, tabulating, data processing, etc.); Account maintenance fees; Trustee (bank, trust company, or similar financial institution); Participant loan processing; Recordkeeping fees; Contract AdministratorCode 13 | 68 | $200,292 |
Competitor overlap
Percent of Fidelity Investments'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 Fidelity Investments.
| Sponsor | From | Assets |
|---|---|---|
RTX CORPORATIONCT · 060570975-041 | CBIZ | $41.6B |
APPLE INC.CA · 942404110-001 | Empower | $24.7B |
THE KROGER CO.OH · 310345740-010 | (new plan) | $11.8B |
THERMO FISHER SCIENTIFIC INC.PA · 042209186-001 | T. Rowe Price | $10.3B |
NOVARTIS CORPORATIONNJ · 131834433-055 | (new plan) | $9.9B |
S&P GLOBAL, INC.NY · 131026995-002 | (new plan) | $5.7B |
TYSON FOODS, INC.AR · 710225165-004 | Northwest Plan Services | $3.7B |
ALCON VISION, LLCTX · 752252369-012 | (new plan) | $2.9B |
WESTERN DIGITAL CORPORATIONCA · 330956711-003 | T. Rowe Price | $2.5B |
OLD DOMINION FREIGHT LINE, INC.NC · 560751714-002 | Cowen & Company LLC | $2.4B |
Plans lost in 2024
Appeared last year under Fidelity Investments; not this year.
| Sponsor | To | Assets |
|---|---|---|
WELLS FARGO & COMPANYCA · 410449260-001 | Fixed Income Finance PGIM Inc | $8.8B |
PROVIDENCE HEALTH & SERVICESWA · 510216586-002 | Metzler Locricchio Serra & Co PC | $6.2B |
MASSACHUSETTS INSTITUTE OF TECHNOLOGYMA · 042103594-002 | WTW | $5.4B |
NATIONWIDE MUTUAL INSURANCE COMPANYOH · 314177100-333 | (new plan) | $5.3B |
MANUFACTURERS AND TRADERS TRUST CO.NY · 160538020-004 | T. Rowe Price | $4.6B |
GEORGIA-PACIFIC LLCGA · 930432081-018 | Vanguard | $4.4B |
KOCH COMPANIES, LLCKS · 992447784-002 | Vanguard | $3.9B |
EASTMAN KODAK COMPANYNY · 160417150-001 | Morgan Lewis & Bockius LLP | $3.5B |
DUPONT DE NEMOURS, INC.DE · 811224539-001 | Merrill | $3.2B |
MANUFACTURERS AND TRADERS TRUST CONY · 160538020-002 | WTW | $3.1B |
Top plans by assets
Searchable full list lands with the commercial layer.
| Plan | Assets | Participants | Fees | Tenure | Flags |
|---|---|---|---|---|---|
MICROSOFT CORPORATIONWA · 911144442-001 | $65.6B | 183,509 | $2M | 10y | - |
INTERNATIONAL BUSINESS MACHINES CORPORATIONNY · 130871985-005 | $60.4B | 149,818 | $12,104 | 10y | - |
AT&T INC.TX · 431301883-009 | $43.1B | 192,505 | $7M | 10y | - |
RTX CORPORATIONCT · 060570975-041 | $41.6B | 281,638 | $5,500 | 1y | 1 |
NORTHROP GRUMMAN CORPORATIONVA · 800640649-011 | $39.5B | 153,905 | $4M | 10y | - |
AMAZON.COM SERVICES, LLCWA · 820544687-001 | $34.6B | 1,343,800 | $6M | 1y | 2 |
FMR LLCMA · 043532603-002 | $34.2B | 93,003 | $6,987 | 10y | 1 |
ORACLE CORPORATIONCA · 542185193-001 | $31.0B | 101,985 | $1M | 10y | 1 |
VERIZON COMMUNICATIONS INC.NJ · 232259884-102 | $29.4B | 119,145 | $2M | 10y | - |
BOARD OF TRUSTEES OF THE CPF OF THE IUOE AND PARTICIPATING EMPLOYERSDC · 366052390-001 | $27.4B | 233,478 | $439,210 | 10y | - |
Flag exposure
79.3%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 (1131)
Raw Schedule C names collapsed into Fidelity Investments.
- CARROLL & COOK
- CARROLL & COOK CPAS
- CARROLL AND COOK CPAS
- CARROLL CONSULTANTS ADVISORS
- CARROLL CONSULTANTS ADVISORS LLC
- CARROLL CONSULTANTS ADVISORS LTD
- CARROLL CONSULTANTS ADVISORS LTD.
- CARROLL CONSULTANTS ADVISORS, LLC
- CARROLL CONSULTANTS ADVISORS, LTD
- CARROLL CONSULTANTS ADVISORS, LTD.
- CARROLL CONSULTANTS ADVISORS. LTD.
- CARROLL CONSULTANTS ADVSORS, LTD
- CARROLL CONSULTANTS ADVSRS LTD
- CARROLL CONSULTANTS ADVSRS, LTD
- CARROLL ENGINEERING
- CARROLL FINANCIAL
- CARROLL FINL ASSOC INC
- CARROLL SERVICES
- CARROLL SERVICES LLC
- CARROLL WALSH
- CARROLL, JOHN E.
- CARSON ADVISORY INC
- CARSON ADVISORY INC.
- CARSON CAPITAL MANAGEMENT LLC
- CARSON CHOICE RET SOL
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 Fidelity Investments'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 | 330 | 2.70% | 7.76% | -5.06 pp |
| Fidelity bond gap | 114 | 0.93% | 26.94% | -26.01 pp |
| Late contributions | 2,702 | 22.09% | 1.71% | +20.37 pp |
| Failed to provide benefit | 1,153 | 9.43% | 0.14% | +9.29 pp |
| Corrective distributions | 4,239 | 34.65% | 1.76% | +32.89 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 Fidelity Investments. Compare to the incumbent market share (18.2%) - higher = winning new business, lower = coasting on existing relationships.
0.0%-18.1 pp vs incumbent
Frequent partners by role
Who else shows up on Fidelity Investments'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 |
|---|---|---|
| Strategic Advisers | 3,614 | 29.5% |
| Global Retirement Partners LLC | 361 | 3.0% |
| Mercer | 225 | 1.8% |
| OneDigital | 221 | 1.8% |
| Creative Planning | 215 | 1.8% |
| NFP | 199 | 1.6% |
| WTW | 196 | 1.6% |
| Kestra Investment Services | 187 | 1.5% |
| SageView | 171 | 1.4% |
| Aon | 131 | 1.1% |
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).