Mackay Shields LLC
advisor21 known aliases resolved via the canonical alias map
Market position · 2024
Plans served26-5 YoYRank #699 of mapped providers
Assets under administration$122.8B0.1%Market share · rank #109
Fees received$8MMedian $161,182/planSum across Schedule C direct + indirect
Net wins YoY-51 won · 6 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 Mackay Shields LLC plan look like?
Service mix · median fees per plan
Count of plans where Mackay Shields LLC ships each service code, and the median compensation they report under it.
| Service | Plans | Median fees | Distribution |
|---|---|---|---|
Investment management; Investment management fees paid indirectly by planCode 28 | 23 | $142,021 | |
Investment management fees paid directly by planCode 51 | 2 | $622,189 | |
Investment management fees paid indirectly by planCode 52 | 1 | $18,892 |
Competitor overlap
Percent of Mackay Shields 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 Mackay Shields LLC.
| Sponsor | From | Assets |
|---|---|---|
BOARD OF TRUSTEES OF THE SOUTHERN DISTRICT UBC DEFINED CONTRIBUTION FTN · 710851216-001 | Southern Benefit Administrators | $1.2B |
Plans lost in 2024
Appeared last year under Mackay Shields LLC; not this year.
| Sponsor | To | Assets |
|---|---|---|
BOARD OF TRUSTEES OF 1199SEIU HEALTH CARE EMPLOYEES PENSION FUNDNY · 133604862-001 | UpToDate, Inc. | $16.2B |
SHELL USA, INC.TX · 131299890-001 | Prudential | $15.1B |
NEXTERA ENERGY, INC.FL · 592449419-001 | Boston Partners Global Investors | $5.1B |
BD OF TEES OF ELEVATOR CONSTRUCTORS UNION LOCAL NO. 1 ANNUITY & 401KNJ · 516124191-001 | Columbus Circle Investors | $1.6B |
CEMENT MASONS LOCAL 780 PENSION FUNDNY · 131626710-001 | Congress Asset Management | $162M |
BOARD OF TRUSTEES OP PLASTERERS & CEMENT MASONS L262 PENSIONNY · 136369468-001 | Crescent Capital Group LP | $38M |
Top plans by assets
Searchable full list lands with the commercial layer.
| Plan | Assets | Participants | Fees | Tenure | Flags |
|---|---|---|---|---|---|
INTERNATIONAL BUSINESS MACHINES CORPORATIONNY · 130871985-005 | $60.4B | 149,818 | $400,983 | 10y | - |
TRUSTEES OF THE NATIONAL ELECTRICAL ANNUITY PLANMD · 526132372-001 | $18.1B | 182,716 | $3M | 10y | - |
JOINT BOARD OF TRUSTEES, BAKERY & CONFECTIONERY UNION & INDUSTRYMD · 526118572-001 | $6.6B | 99,660 | $58,856 | 10y | - |
BOARD OF TRUSTEES-NEW YORK STATE NURSES ASSOCIATION PENSION PLANNY · 136604799-001 | $5.9B | 46,491 | $448,537 | 10y | - |
BOARD OF TRUSTEES LABORERS PENSION TRUST FUND FOR NORTHERN CALIFORNIACA · 946277608-001 | $5.5B | 44,826 | $305,931 | 3y | - |
BOARD OF TRUSTEES OF NYCDCC PENSION FUNDNY · 510174276-001 | $5.4B | 30,149 | $886,651 | 10y | - |
TRUSTEES OF CARPENTERS BENEFIT PLANS OF ST. LOUISMO · 431622970-001 | $3.4B | 27,598 | $843,395 | 10y | - |
NORTHWELL HEALTH, INC.NY · 113418133-006 | $2.8B | 42,096 | $222,533 | 2y | - |
BOARD OF TRUSTEES AUTOMOTIVE INDUSTRIES PENSION PLANCA · 941133245-001 | $2.1B | 22,897 | $180,343 | 9y | - |
BOT OF IUOE STATIONARY ENGINEERS LOCAL 39 PENSION PLANCA · 946118939-001 | $2.0B | 10,962 | $324,603 | 10y | - |
Flag exposure
92.3%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 (21)
Raw Schedule C names collapsed into Mackay Shields LLC.
- MACCAY SHIELDS FINANCIAL
- MACKAY SHEILDS HYAC FUND
- MACKAY SHEILDS LLC
- MACKAY SHIELD LLC
- MACKAY SHIELDS
- MACKAY SHIELDS CORE PLUS FIXED INCO
- MACKAY SHIELDS FINANCIAL
- MACKAY SHIELDS FINANCIAL CORP
- MACKAY SHIELDS HIGH YIELD ACTIVE
- MACKAY SHIELDS HY
- MACKAY SHIELDS HYAC FUND
- MACKAY SHIELDS INVESTMENT
- MACKAY SHIELDS LLC
- MACKAY SHIELDS MGMT CO.
- MACKAY SHIELDS, LLC
- MACKAY-SHIELDS FINANCIAL CORP
- MACKAY-SHIELDS FINANCIAL CORP.
- MACKAY-SHIELDS LLC
- MCKAY SHEILDS
- MCKAY SHIELDS
- MCKAY SHIELDS 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 Mackay Shields 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 | 1 | 3.85% | 7.76% | -3.92 pp |
| Fidelity bond gap | 0 | 0.00% | 26.94% | -26.94 pp |
| Late contributions | 1 | 3.85% | 1.71% | +2.13 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 Mackay Shields 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 Mackay Shields 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 |
|---|---|---|
| Proskauer Rose LLP | 5 | 19.2% |
| Barnes, Iaccarino & Sheperd LLP | 3 | 11.5% |
| Weinberg, Roger & Rosenfeld | 3 | 11.5% |
| Bullivant Houser Bailey | 2 | 7.7% |
| Cohen Weiss & Simon LLP | 2 | 7.7% |
| Colleran O'Hara & Mills LLP | 2 | 7.7% |
| Gould Kobrick & Schlapp PC | 2 | 7.7% |
| THE YOUNGDAHL LAW FIRM PC | 2 | 7.7% |
| Archer Byington Glennon & Levine | 1 | 3.9% |
| Arnall Golden Gregory LLC | 1 | 3.9% |
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).