LPL Financial
broker268 known aliases resolved via the canonical alias map
Market position · 2024
Plans served1,432-68 YoYRank #18 of mapped providers
Assets under administration$109.9B0.1%Market share · rank #138
Fees received$49MMedian $24,537/planSum across Schedule C direct + indirect
Net wins YoY-63304 won · 367 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 LPL Financial plan look like?
Service mix · median fees per plan
Count of plans where LPL Financial ships each service code, and the median compensation they report under it.
| Service | Plans | Median fees | Distribution |
|---|---|---|---|
Securities brokerage; Investment advisory (plan)Code 27 | 735 | $26,270 | |
Other investment fees and expenses; Investment management; Investment management fees paid indirectly by plan; Investment advisory (participants); Investment management fees paid directly by plan; Investment advisory (plan)Code 26 | 171 | $23,606 | |
Other fees; Other commissionsCode 55 | 128 | $23,859 | |
Other services; Other fees; Other commissionsCode 49 | 94 | $12,764 | |
Trustee (bank, trust company, or similar financial institution); Recordkeeping fees; Other fees; Recordkeeping and information management (computing, tabulating, data processing, etc.); Other services; Direct payment from the planCode 15 | 86 | $22,645 | |
Other feesCode 99 | 54 | $15,475 | |
Other services; Investment management fees paid directly by plan; Consulting (general); Investment advisory (participants); Investment management; Investment advisory (plan)Code 16 | 52 | $31,122 | |
Shareholder servicing fees; Investment managementCode 28 | 37 | $18,939 |
Competitor overlap
Percent of LPL Financial'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 LPL Financial.
| Sponsor | From | Assets |
|---|---|---|
PIPE & REFRIGERATION FITTERS LOCAL 537MA · 516030859-001 | BASYS, Inc. | $902M |
BARNES & THORNBURG LLPIN · 350900596-002 | Gregory J Schwartz & Co Inc | $754M |
PIPEFITTERS LOCAL UNION NO.537MA · 042760802-002 | BASYS, Inc. | $739M |
MODERN TECHNOLOGY SOLUTIONS INCVA · 541670018-001 | Lincoln Financial | $402M |
FIRSTCASH HOLDINGS, INC.TX · 873920732-001 | Rogers Wealth Group Inc. | $212M |
BGE, INC.TX · 741817951-001 | JPMorgan Chase | $166M |
SUNTEC CONCRETE, INC.AZ · 860864047-001 | Lincoln Financial | $156M |
THE FINWAY GROUPIA · 421468222-010 | (new plan) | $146M |
YOUNG CONAWAY STARGATT & TAYLOR, LLPDE · 510082644-001 | Fischer Investment Strategies | $131M |
SYRACUSE ORTHOPEDIC SPECIALISTS, PCNY · 160992982-004 | Fidelity Investments | $107M |
Plans lost in 2024
Appeared last year under LPL Financial; not this year.
| Sponsor | To | Assets |
|---|---|---|
BOARD OF TRUSTEES SCREEN ACTORS GUILD - PRODUCERSCA · 952110997-001 | Reams Asset Management | $4.9B |
GLOBALFOUNDRIES U.S. INC.CA · 263122131-001 | MOSS ADAMS LLP | $1.1B |
POLARIS INDUSTRIES INC.MN · 411857431-001 | EY | $1.0B |
VF CORPORATIONNC · 231180120-002 | Fidelity Investments | $987M |
PACTIV EVERGREEN SERVICES INC.IL · 270147082-004 | Fidelity Investments | $981M |
KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC.AZ · 205589597-003 | LBMC PC | $789M |
REYNOLDS CONSUMER PRODUCTS LLCIL · 770710443-010 | MMA Securities | $557M |
GLACIER BANCORP, INC.MT · 810519541-002 | Empower | $485M |
GRAHAM PACKAGING COMPANY, L.P.PA · 232786688-011 | MMA Securities | $419M |
IDEMIA IDENTITY AND SECURITYVA · 043320515-001 | T. Rowe Price | $379M |
Top plans by assets
Searchable full list lands with the commercial layer.
| Plan | Assets | Participants | Fees | Tenure | Flags |
|---|---|---|---|---|---|
NATIONAL ELEVATOR INDUSTRY PENSION PLAN PLAN BOARD OF TRUSTEESPA · 232694291-001 | $12.2B | 54,107 | $54,689 | 2y | 1 |
THE CLEVELAND CLINIC FOUNDATIONOH · 340714585-002 | $9.2B | 86,817 | $27,083 | 9y | 1 |
SOUTHERN CALIFORNIA PERMANENTE MEDICAL GROUPCA · 951750445-008 | $7.9B | 12,335 | $16,577 | 2y | 1 |
BOT OF THE NORTH ATLANTIC STATES CARPENTERS PENSION FUNDMA · 516040899-001 | $5.1B | 45,727 | $424,046 | 10y | - |
CHS/COMMUNITY HEALTH SYSTEMS, INCTN · 760137985-004 | $4.8B | 88,285 | $196,731 | 8y | 2 |
BVH, INC.KS · 471888435-002 | $3.0B | 10,517 | $9,340 | 1y | 1 |
SAVANNAH RIVER NUCLEAR SOLUTIONS, LLCSC · 320255508-334 | $2.8B | 12,923 | $10,046 | 2y | 1 |
BOARD OF TRUSTEES OF MASSACHUSETTS LABORERS' PENSION FUNDMA · 046128298-001 | $2.5B | 22,433 | $137,272 | 2y | - |
BOARD OF TRUSTEES, DIRECTORS GUILD OF AMERICA-CA · 952892780-001 | $2.5B | 14,707 | $1M | 5y | - |
TATA AMERICA INTERNATIONAL CORPORATIONNJ · 132805758-001 | $2.4B | 60,401 | $389,997 | 6y | 1 |
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 (268)
Raw Schedule C names collapsed into LPL Financial.
- EMPLOYEE FILE NUMBER 001333
- EMPLOYEE FILE NUMBER 001380
- EMPLOYEE FILE NUMBER 001392
- EMPLOYEE FILE NUMBER 001417
- EMPLOYEE FILE NUMBER 001553
- EMPLOYEE FILE NUMBER 001568
- EMPLOYEE FILE NUMBER 001574
- EMPLOYEE FILE NUMBER 011990
- EMPLOYEE FILE NUMBER 050202
- EMPLOYEE FILE NUMBER 050576
- EMPLOYEE FILE NUMBER 062065
- EMPLOYEE FILE NUMBER 066935
- EMPLOYEE FILE NUMBER 083918
- EMPLOYEE FILE NUMBER 098906
- EMPLOYEE FINANCIAL EDUCATION LLC
- EMPLOYEE G
- EMPLOYEE GB
- EMPLOYEE GG
- EMPLOYEE H
- EMPLOYEE I
- EMPLOYEE ID 114
- EMPLOYEE ID 115
- EMPLOYEE ID 120
- EMPLOYEE ID 131
- EMPLOYEE ID 139
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 LPL Financial'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 | 35 | 2.44% | 7.76% | -5.32 pp |
| Fidelity bond gap | 62 | 4.33% | 26.94% | -22.61 pp |
| Late contributions | 344 | 24.02% | 1.71% | +22.31 pp |
| Failed to provide benefit | 13 | 0.91% | 0.14% | +0.77 pp |
| Corrective distributions | 330 | 23.04% | 1.76% | +21.29 pp |
| Loss discovered | 1 | 0.07% | 0.00% | +0.07 pp |
New-plan formation share
Share of plans filing for the first time each year that landed with LPL Financial. Compare to the incumbent market share (2.1%) - higher = winning new business, lower = coasting on existing relationships.
0.0%-2.1 pp vs incumbent
Frequent partners by role
Who else shows up on LPL Financial'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 |
|---|---|---|
| Wilshire Associates | 51 | 3.6% |
| Morningstar Investment Management | 41 | 2.9% |
| Leaf House Financial Advisors | 40 | 2.8% |
| Strategic Advisers | 34 | 2.4% |
| Global Retirement Partners LLC | 21 | 1.5% |
| OneDigital | 21 | 1.5% |
| Mesirow Financial | 12 | 0.8% |
| Modern Wealth Holdings LLC | 10 | 0.7% |
| Longview Partners | 9 | 0.6% |
| Loomis Sayles | 9 | 0.6% |
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).