Herron Palmer LLC
advisor7 known aliases resolved via the canonical alias map
Market position · 2024
Plans served12-3 YoYRank #1236 of mapped providers
Assets under administration$61.5B0.1%Market share · rank #248
Fees received$426,161Median $23,720/planSum across Schedule C direct + indirect
Net wins YoY-18 won · 9 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 Herron Palmer LLC plan look like?
Service mix · median fees per plan
Count of plans where Herron Palmer LLC ships each service code, and the median compensation they report under it.
| Service | Plans | Median fees | Distribution |
|---|---|---|---|
Consulting (general); Direct payment from the planCode 16 | 10 | $18,815 | |
Recordkeeping and information management (computing, tabulating, data processing, etc.); Custodial (other than securities)Code 15 | 1 | $70,000 | |
Consulting (pension); Direct payment from the planCode 17 | 1 | $82,490 |
Competitor overlap
Percent of Herron Palmer LLC'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 Herron Palmer LLC.
| Sponsor | From | Assets |
|---|---|---|
SUTTER HEALTHCA · 942788907-333 | Capital Bank & Trust Company | $6.2B |
BAKER HUGHES HOLDINGS LLCTX · 760207995-002 | Empower | $4.0B |
TARGET CORPORATIONMN · 410215170-001 | Alight | $3.3B |
BATTELLE MEMORIAL INSTITUTEOH · 314379427-005 | Bricker & Graydon LLP | $1.8B |
BAKER HUGHES HOLDINGS LLCTX · 760207995-050 | WTW | $356M |
SALADO ISOLATION MINING CONTRACTORS, LLCNM · 824745477-001 | BNY Mellon | $233M |
DRESSER, LLCTX · 752795365-164 | WTW | $125M |
BATTELLE MEMORIAL INSTITUTEOH · 314379427-006 | Northern Trust | $7M |
Plans lost in 2024
Appeared last year under Herron Palmer LLC; not this year.
| Sponsor | To | Assets |
|---|---|---|
NORTHROP GRUMMAN CORPORATIONVA · 800640649-011 | Ropes & Gray LLP | $36.2B |
NORTHROP GRUMMAN CORPORATIONVA · 800640649-030 | United Planners Financial Services | $19.1B |
KPMG LLPNJ · 135565207-011 | Vanguard | $8.9B |
NORTHROP GRUMMAN CORPORATIONVA · 800640649-007 | Fidelity Investments | $8.5B |
KPMG LLPNJ · 135565207-016 | WTW | $3.2B |
NORTHROP GRUMMAN CORPORATIONVA · 800640649-041 | Citrin Cooperman | $2.1B |
KPMG LLPNJ · 135565207-018 | Vanguard | $1.8B |
SPRINT COMMUNICATIONS LLCKS · 480457967-001 | Izard Kindall & Raabe LLP | $1.2B |
Top plans by assets
Searchable full list lands with the commercial layer.
| Plan | Assets | Participants | Fees | Tenure | Flags |
|---|---|---|---|---|---|
THE BOEING CO. AND CONSOLIDATED SUBSIDIARIESWA · 910425694-100 | $23.3B | 115,617 | $64,509 | 8y | - |
THE BOEING CO. AND CONSOLIDATED SUBSIDIARIESWA · 910425694-001 | $15.4B | 115,404 | $64,551 | 8y | - |
SUTTER HEALTHCA · 942788907-333 | $6.2B | 66,154 | $82,490 | 3y | - |
BAKER HUGHES HOLDINGS LLCTX · 760207995-002 | $4.0B | 21,995 | $21,673 | 3y | - |
TARGET CORPORATIONMN · 410215170-001 | $3.3B | 75,775 | $47,600 | 1y | - |
CUMMINS INC.IN · 350257090-001 | $3.2B | 44,593 | $25,766 | 4y | - |
THE BOEING CO. AND CONSOLIDATED SUBSIDIARIESWA · 910425694-048 | $2.3B | 26,727 | $15,956 | 8y | - |
THE BOEING CO. AND CONSOLIDATED SUBSIDIARIESWA · 910425694-102 | $1.7B | 18,566 | $10,495 | 4y | - |
THE BOEING CO. AND CONSOLIDATED SUBSIDIARIESWA · 910425694-103 | $1.4B | 12,326 | $6,866 | 4y | - |
BAKER HUGHES HOLDINGS LLCTX · 760207995-050 | $356M | 13,108 | $10,837 | 3y | - |
Flag exposure
91.7%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 (7)
Raw Schedule C names collapsed into Herron Palmer LLC.
- CORNERSTONE GROUP
- HERRON PALMER
- HERRON PALMER LLC
- HERRONPALMER
- HERRONPALMER LLC
- HERRONPALMER, LLC
- THE CORNERSTONE INS GROUP LLC
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 Herron Palmer LLC'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 | 0 | 0.00% | 7.76% | -7.76 pp |
| Fidelity bond gap | 0 | 0.00% | 26.94% | -26.94 pp |
| Late contributions | 0 | 0.00% | 1.71% | -1.71 pp |
| Failed to provide benefit | 0 | 0.00% | 0.14% | -0.14 pp |
| Corrective distributions | 0 | 0.00% | 1.76% | -1.76 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 Herron Palmer LLC. Compare to the incumbent market share (0.0%) - higher = winning new business, lower = coasting on existing relationships.
0.0%-0.0 pp vs incumbent
Frequent partners by role
Who else shows up on Herron Palmer LLC'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 |
|---|---|---|
| Foley & Lardner LLP | 5 | 41.7% |
| Fulbright & Jaworski | 3 | 25.0% |
| ALSTON & BIRD LLP | 1 | 8.3% |
| Baum Sigman Auerbach & Neuman, Ltd. | 1 | 8.3% |
| Sidley Austin LLP | 1 | 8.3% |