Mercer
advisor271 known aliases resolved via the canonical alias map
Market position · 2024
Plans served1,046-12 YoYRank #25 of mapped providers
Assets under administration$1.19T1.4%Market share · rank #6
Fees received$215MMedian $93,623/planSum across Schedule C direct + indirect
Net wins YoY-15141 won · 156 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 Mercer plan look like?
Service mix · median fees per plan
Count of plans where Mercer ships each service code, and the median compensation they report under it.
| Service | Plans | Median fees | Distribution |
|---|---|---|---|
Recordkeeping fees; Consulting (pension); Actuarial; Direct payment from the planCode 11 | 373 | $166,257 | |
Other fees; Investment advisory (plan); Direct payment from the planCode 27 | 237 | $51,667 | |
Other services; Direct payment from the plan; Consulting (general)Code 16 | 217 | $75,000 | |
Other fees; Investment managementCode 28 | 88 | $119,459 | |
Investment management fees paid indirectly by plan; Investment management fees paid directly by planCode 51 | 74 | $174,607 | |
Investment management fees paid indirectly by plan; Investment advisory (plan); Investment management fees paid directly by plan; Consulting (pension)Code 17 | 24 | $93,550 | |
Investment management; Investment advisory (plan); Investment advisory (participants)Code 26 | 24 | $30,723 | |
Other feesCode 99 | 18 | $18,805 |
Competitor overlap
Percent of Mercer'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 Mercer.
| Sponsor | From | Assets |
|---|---|---|
WALMART INC.AR · 710415188-003 | Merrill | $41.5B |
VERIZON COMMUNICATIONS INC.NJ · 232259884-102 | Boston Partners Global Investors | $29.4B |
CATERPILLAR INC.TX · 370602744-035 | Alight | $18.8B |
GENENTECH, INC.CA · 942347624-003 | Matheson Financial Advisors | $14.3B |
SHELL USA, INC.TX · 131299890-001 | MetLife Investment Management | $9.7B |
SOUTHERN COMPANY SERVICES, INC.GA · 630274273-002 | Merrill | $9.3B |
T-MOBILE USA, INC.WA · 911983600-001 | Fidelity Investments | $9.1B |
ASTRAZENECA PHARMACEUTICALS LPDE · 232967016-002 | Fidelity Investments | $8.6B |
DESERET MUTUAL BENEFIT ADMINISTRATORSUT · 870440163-001 | Groom Law Group, Chartered | $7.1B |
INTERNATIONAL PAPER COMPANYTN · 130872805-007 | Empower | $5.0B |
Plans lost in 2024
Appeared last year under Mercer; not this year.
| Sponsor | To | Assets |
|---|---|---|
APPLE INC.CA · 942404110-001 | Financial Engines Advisors LLC | $19.8B |
3M COMPANYMN · 410417775-333 | Aon | $12.0B |
THE CHARLES SCHWAB CORPORATIONTX · 943025021-002 | Corient Private Wealth LLC | $8.0B |
SANOFI-AVENTIS US LLCNJ · 364406953-005 | T. Rowe Price | $7.8B |
SOUTHERN CALIFORNIA PERMANENTE MEDICAL GROUPCA · 951750445-008 | Arete Wealth Advisors LLC | $6.8B |
THE ALLSTATE CORPORATIONTX · 363871531-001 | Crowe | $6.8B |
SIEMENS ENERGY, INC.FL · 133987280-021 | BNY Mellon | $3.5B |
CINTAS CORPORATIONOH · 311188630-006 | Curcio Webb, LLC | $3.5B |
HUNTINGTON INGALLS INDUSTRIES, INC.VA · 900607005-100 | WTW | $3.4B |
FLUOR CORPORATIONTX · 330927079-002 | Voya | $3.3B |
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 | $18,532 | 9y | - |
JPMORGAN CHASE BANK, NATIONAL ASSOCIATIONNJ · 134994650-002 | $52.9B | 300,272 | $236,436 | 9y | 2 |
WALMART INC.AR · 710415188-003 | $50.8B | 1,970,230 | $53,992 | 6y | - |
ORACLE CORPORATIONCA · 542185193-001 | $31.0B | 101,985 | $230,765 | 10y | 1 |
VERIZON COMMUNICATIONS INC.NJ · 232259884-102 | $29.4B | 119,145 | $9,840 | 4y | - |
FEDEX CORPORATIONTN · 621721435-002 | $26.9B | 213,710 | $663,762 | 10y | - |
CITIGROUP INC.CT · 521568099-004 | $23.2B | 121,279 | $130,174 | 6y | 1 |
MORGAN STANLEY DOMESTIC HOLDINGS, LLCNY · 208764829-003 | $22.2B | 80,789 | $246,182 | 2y | - |
UNITED PARCEL SERVICE OF AMERICA, INC.GA · 951732075-001 | $21.2B | 144,570 | $140,000 | 1y | - |
BANK OF AMERICA CORPORATIONRI · 560906609-001 | $19.0B | 168,197 | $122,167 | 10y | - |
Flag exposure
91.9%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 (271)
Raw Schedule C names collapsed into Mercer.
- CURTIS MALLET PREVOST COLT MOSLE LL
- FALCON DIGITAL CONSULTING INC
- FALCON EDGE MANAGEMENT COMPANY LP
- FALCON INVESTMENT ADVIOSRS, LLC
- FALCON INVESTMENT ADVISORS
- FALCON INVESTMENT ADVISORS, LLC
- FALCON POINT CAPITAL, LLC
- FALCON STRATEGIC PARTNERS IV
- FALCON STRATEGIC PARTNERS IV, L.P.
- FALCONE LAW FIRM LLC
- FALCONS ROCK INVESTMENT COUNSEL INC
- FALCONS ROCK INVESTMENT COUNSEL LLC
- FALLEN ANGELS FUND, LP
- FALLON COMMUNITY HEALTH PLAN INC.
- FALLON COMMUNITY HEALTH PLAN, INC.
- FAMILY CAPITAL ADVISORS, LLC
- FAMILY FIRST HOMECARE LLC
- FAMILY HOME HEALTH SERVICES INC
- FAMILY LEGACY PLANNING, INC.
- FAMILY OFFICE RESEARCH
- FAMILY RESOURCES, INC.
- FAMOUS & SPANG ASSOCIATES
- FANIELA GONZALEZ
- FANKLIN TEMPLETON
- FANNING, MICHAEL
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 Mercer'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 | 37 | 3.54% | 7.76% | -4.23 pp |
| Fidelity bond gap | 3 | 0.29% | 26.94% | -26.65 pp |
| Late contributions | 138 | 13.19% | 1.71% | +11.48 pp |
| Failed to provide benefit | 49 | 4.68% | 0.14% | +4.55 pp |
| Corrective distributions | 206 | 19.69% | 1.76% | +17.94 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 Mercer. Compare to the incumbent market share (1.6%) - higher = winning new business, lower = coasting on existing relationships.
0.0%-1.6 pp vs incumbent
Frequent partners by role
Who else shows up on Mercer'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 |
|---|---|---|
| Groom Law Group, Chartered | 20 | 1.9% |
| Morgan Lewis & Bockius LLP | 18 | 1.7% |
| ALSTON & BIRD LLP | 14 | 1.3% |
| Covington & Burling LLP | 12 | 1.1% |
| Seyfarth Shaw LLP | 10 | 1.0% |
| Winston & Strawn LLP | 9 | 0.9% |
| Proskauer Rose LLP | 8 | 0.8% |
| K&L Gates LLP | 7 | 0.7% |
| Faegre Drinker Biddle & Reath LLP | 6 | 0.6% |
| Kilpatrick Townsend & Stockton LLP | 6 | 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).