MFS Heritage Trust Company
trustee8 known aliases resolved via the canonical alias map
Market position · 2024
Plans served33-1 YoYRank #513 of mapped providers
Assets under administration$24.3B0.0%Market share · rank #586
Fees received$3MMedian $0/planSum across Schedule C direct + indirect
Net wins YoY+14 won · 3 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 MFS Heritage Trust Company plan look like?
Service mix · median fees per plan
Count of plans where MFS Heritage Trust Company ships each service code, and the median compensation they report under it.
| Service | Plans | Median fees | Distribution |
|---|---|---|---|
Soft dollars commissions; Investment management fees paid directly by plan; Investment management; Investment management fees paid indirectly by planCode 28 | 28 | $0 | |
Custodial (other than securities); Accounting (including auditing); Investment management; Custodial (securities); Investment management fees paid directly by plan; Soft dollars commissions; Other feesCode 10 | 1 | $192,289 | |
Float revenue; Shareholder servicing fees; Recordkeeping fees; Trustee (bank, trust company, or similar financial institution); Redemption fees; Investment management fees paid indirectly by plan; Participant loan processing; Investment advisory (plan); Participant communication; Recordkeeping and information management (computing, tabulating, data processing, etc.); Account maintenance fees; Trustee (directed); Other services; Distribution (12b-1) fees; Direct payment from the planCode 15 | 1 | $0 | |
Direct payment from the plan; Investment management; Trustee (bank, trust company, or similar financial institution)Code 21 | 1 | $299,766 | |
Investment advisory (plan)Code 27 | 1 | $12,707 | |
Float revenue; Investment management fees paid indirectly by plan; Investment management fees paid directly by plan; Soft dollars commissionsCode 51 | 1 | $29,261 |
Competitor overlap
Percent of MFS Heritage Trust Company'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 MFS Heritage Trust Company.
| Sponsor | From | Assets |
|---|---|---|
SUNCOR ENERGY (U.S.A.) INC.CO · 510403125-003 | JPMorgan Chase | $94M |
MUSIC REPORTS, INC.CA · 954545798-001 | T. Rowe Price | $13M |
NEXT GLASS, INC.NC · 461528599-001 | (new plan) | $3M |
Plans lost in 2024
Appeared last year under MFS Heritage Trust Company; not this year.
| Sponsor | To | Assets |
|---|---|---|
TRUSTEES OREGON LABORERS - EMPLOYER PENSION PLANOR · 936075363-001 | Newton Investment Management | $420M |
Top plans by assets
Searchable full list lands with the commercial layer.
| Plan | Assets | Participants | Fees | Tenure | Flags |
|---|---|---|---|---|---|
WELLS FARGO & COMPANYMN · 410449260-001 | $8.3B | 165,927 | $431,765 | 4y | - |
BOARD OF TRUSTEES, WESTERN UNITE HERE AND EMPLOYERSCA · 934160766-001 | $3.7B | 154,012 | $42,337 | 1y | - |
BOARD OF TRUSTEES, DIRECTORS GUILD OF AMERICA-CA · 952892780-001 | $2.5B | 14,707 | $345,079 | 10y | - |
BOARD OF TRUSTEES, DIRECTORS GUILD OF AMERICA -CA · 956027308-002 | $2.3B | 25,726 | $331,091 | 10y | 1 |
PHILLIPS 66 COMPANYTX · 371652702-001 | $2.2B | 15,952 | $192,289 | 5y | - |
XCEL ENERGY INC.MN · 410448030-001 | $1.2B | 11,750 | $307,536 | 7y | - |
BOARD OF TRUSTEES, EDISON PENSION TRUSTOR · 936061681-001 | $1.0B | 8,208 | $299,766 | 10y | - |
XCEL ENERGY INC.MN · 410448030-008 | $860M | 6,472 | $159,477 | 7y | - |
PUGET SOUND ENERGY, INC.WA · 910374630-001 | $830M | 5,133 | $567,597 | 10y | - |
XCEL ENERGY INC.MN · 410448030-009 | $343M | 2,215 | $63,320 | 7y | - |
Flag exposure
84.8%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 (8)
Raw Schedule C names collapsed into MFS Heritage Trust Company.
- FIDELITY FLOAT RATE HIGH INC
- FIDELITY FUND
- FIDELITY FUNDS
- MFS HERITAGE COMPANY
- MFS HERITAGE TRUST
- MFS HERITAGE TRUST CO
- MFS HERITAGE TRUST COMPANY
- MFSHERITAGE TRUST COMPANY
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 MFS Heritage Trust Company'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 | 3 | 9.09% | 7.76% | +1.33 pp |
| Fidelity bond gap | 0 | 0.00% | 26.94% | -26.94 pp |
| Late contributions | 7 | 21.21% | 1.71% | +19.50 pp |
| Failed to provide benefit | 0 | 0.00% | 0.14% | -0.14 pp |
| Corrective distributions | 3 | 9.09% | 1.76% | +7.33 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 MFS Heritage Trust Company. Compare to the incumbent market share (0.1%) - higher = winning new business, lower = coasting on existing relationships.
0.0%-0.1 pp vs incumbent
Frequent partners by role
Who else shows up on MFS Heritage Trust Company'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 |
|---|---|---|
| Dimensional Fund Advisors | 10 | 30.3% |
| PIMCO | 10 | 30.3% |
| MFS Funds | 9 | 27.3% |
| WTW | 8 | 24.2% |
| Allspring Global Investments | 7 | 21.2% |
| Goldman Sachs Asset Management | 7 | 21.2% |
| Dodge & Cox | 6 | 18.2% |
| American Beacon | 5 | 15.2% |
| Eaton Vance | 5 | 15.2% |
| Loomis Sayles | 5 | 15.2% |