Morgan Stanley
recordkeeper589 known aliases resolved via the canonical alias map
Market position · 2024
Plans served2,237+68 YoYRank #12 of mapped providers
Assets under administration$418.0B0.5%Market share · rank #28
Fees received$183MMedian $38,818/planSum across Schedule C direct + indirect
Net wins YoY+70360 won · 290 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 Morgan Stanley plan look like?
Service mix · median fees per plan
Count of plans where Morgan Stanley ships each service code, and the median compensation they report under it.
| Service | Plans | Median fees | Distribution |
|---|---|---|---|
Securities brokerage; Securities brokerage commissions and fees; Direct payment from the plan; Other investment fees and expenses; Other services; Investment advisory (plan)Code 27 | 892 | $40,125 | |
Securities brokerage; Investment management fees paid directly by plan; Investment advisory (participants); Investment advisory (plan); Consulting feesCode 26 | 292 | $43,759 | |
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 | 209 | $35,595 | |
Other fees; Other commissionsCode 55 | 201 | $15,759 | |
Shareholder servicing fees; Investment managementCode 28 | 180 | $47,831 | |
Other services; Other fees; Other commissionsCode 49 | 127 | $0 | |
Trustee (directed); Direct payment from the plan; Custodial (securities); Investment advisory (plan); Trustee (bank, trust company, or similar financial institution)Code 19 | 94 | $109,059 | |
Trustee (directed); Investment management; Custodial (securities); Consulting (general); Investment advisory (participants); Investment management fees paid directly by planCode 16 | 88 | $36,112 |
Competitor overlap
Percent of Morgan Stanley'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 Morgan Stanley.
| Sponsor | From | Assets |
|---|---|---|
VERIZON COMMUNICATIONS INC.NJ · 232259884-102 | Boston Partners Global Investors | $29.4B |
BOARD OF TRUSTEES-NEW YORK STATE NURSES ASSOCIATION PENSION PLANNY · 136604799-001 | PENSION MANAGER | $5.9B |
NATIONAL MEDICAL CARE, INC.MA · 042835488-002 | Teal, Becker & Chiaramonte | $4.4B |
HYATT CORPORATIONIL · 941649123-005 | Iron Capital Advisors Inc. | $2.5B |
EXELON CORPORATIONIL · 232990190-022 | Evercore | $1.9B |
ENCOMPASS HEALTH CORPORATIONAL · 630860407-001 | LCG Associates Inc. | $1.7B |
DISH NETWORK CORPORATIONCO · 880336997-001 | Fidelity Investments | $1.6B |
SOUTHWEST GAS CORPORATIONNV · 880085720-001 | MONY Life Insurance Company | $1.2B |
GEN DIGITAL INC.AZ · 770181864-001 | HYAS Group | $1.1B |
MUFG BANK, LTD.NY · 135611741-016 | RBC Global Asset Management | $1.1B |
Plans lost in 2024
Appeared last year under Morgan Stanley; not this year.
| Sponsor | To | Assets |
|---|---|---|
SHELL USA, INC.TX · 131299890-001 | Prudential | $15.1B |
ATH HOLDING COMPANY, LLCIN · 113713086-003 | Elevance Health Inc. | $11.0B |
INTERMOUNTAIN HEALTH CARE, INC.UT · 870269232-002 | Pentegra Retirement Services Inc. | $6.0B |
FACTORY MUTUAL INSURANCE COMPANYRI · 050316605-001 | Metzler Locricchio Serra & Co PC | $2.9B |
HESS CORPORATIONTX · 134921002-333 | Winslow Capital Management | $1.9B |
GIBSON, DUNN & CRUTCHER LLPCA · 951611234-001 | Balboa Wealth Partners Inc. | $1.3B |
TRUCKING EMPLOYEES OF NORTH JERSEY PENSION FUNDNJ · 226063702-001 | Groom Law Group, Chartered | $721M |
TRUSTEES OF THE MEMBERS RETIREMENT PLANIL · 362164320-001 | MAGGIE PECK | $674M |
ALBERT EINSTEIN HEALTHCARE NETWORKPA · 231396794-005 | WTW | $659M |
PLAN PROFESSIONALS, LLCNJ · 853213245-333 | Servant Spirit Services LLC | $600M |
Top plans by assets
Searchable full list lands with the commercial layer.
| Plan | Assets | Participants | Fees | Tenure | Flags |
|---|---|---|---|---|---|
VERIZON COMMUNICATIONS INC.NJ · 232259884-102 | $29.4B | 119,145 | $494,946 | 2y | - |
CONSOLIDATED EDISON COMPANY OF NEW YORK, INC.NY · 135009340-001 | $15.6B | 26,696 | $870,159 | 9y | - |
SOUTHERN COMPANY SERVICES, INC.GA · 630274273-001 | $15.3B | 58,166 | $2M | 9y | - |
BOARD OF TRUSTEES OF THE I.A.M. NATIONAL PENSION FUNDDC · 516031295-002 | $15.0B | 311,750 | $2M | 9y | - |
AMERICAN EXPRESS COMPANY AND ITS PARTICIPATING SUBSIDIARIESNY · 134922250-002 | $9.1B | 38,871 | $2M | 8y | - |
BD OF TRUSTEES SHEET METAL WORKERS' NATIONAL PENSION FUNDVA · 526112463-001 | $8.9B | 152,375 | $3M | 10y | - |
TENET HEALTHCARE CORPORATIONTX · 952557091-335 | $8.7B | 146,003 | $212,139 | 6y | 2 |
STEELWORKERS PENSION TRUSTPA · 236648508-499 | $7.2B | 123,674 | $225,000 | 9y | - |
EXELON CORPORATIONIL · 232990190-002 | $6.1B | 23,999 | $16,774 | 9y | - |
BOARD OF TRUSTEES-NEW YORK STATE NURSES ASSOCIATION PENSION PLANNY · 136604799-001 | $5.9B | 46,491 | $190,827 | 6y | - |
Flag exposure
85.2%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 (589)
Raw Schedule C names collapsed into Morgan Stanley.
- BLACKSTONE TACT OP FUND L.P.
- BLACKSTONE TACT OP FUND LP
- COHEN & BUCKMANN, P.C.
- COHEN & COMPANY CPA
- COHEN & GRESSER LLP
- COHEN & GRIGSBY
- COHEN & GRIGSBY PC
- COHEN & GRIGSBY, PC
- COHEN 7 STEERS
- COHEN FINANCIAL
- COHEN FINANCIAL SERVICES, LLC
- CONSULTING GROUP MORGAN STANLEY SMI
- CONSULTING GROUP MORGAN STANLEY, SM
- DOBBS GROUP/GRAYSTONE/MORGAN STANLE
- FIDELITY INVST INST
- FIDUCIARY , INC. OF MILWAUKEE
- FIDUCIARY CONSULTING GRP
- FIDUCIARY COUNCELORS INC.
- FIDUCIARY DECISIONS
- FIDUCIARY DOCTORS
- FIDUCIARY DOCTORS LLC
- FIDUCIARY DOCTORS OF THE MIDWEST
- FIDUCIARY DOCTORS, LLC
- FIDUCIARY EXPERTS LLC
- FIDUCIARY FINANCIAL 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 Morgan Stanley'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 | 46 | 2.06% | 7.76% | -5.71 pp |
| Fidelity bond gap | 72 | 3.22% | 26.94% | -23.72 pp |
| Late contributions | 420 | 18.78% | 1.71% | +17.06 pp |
| Failed to provide benefit | 53 | 2.37% | 0.14% | +2.23 pp |
| Corrective distributions | 483 | 21.59% | 1.76% | +19.83 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 Morgan Stanley. Compare to the incumbent market share (3.3%) - higher = winning new business, lower = coasting on existing relationships.
0.0%-3.3 pp vs incumbent
Frequent partners by role
Who else shows up on Morgan Stanley'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 |
|---|---|---|
| Strategic Advisers | 79 | 3.5% |
| The Segal Company | 42 | 1.9% |
| Morningstar Investment Management | 39 | 1.7% |
| Milliman | 35 | 1.6% |
| Sage Advisory | 32 | 1.4% |
| WTW | 30 | 1.3% |
| Loomis Sayles | 29 | 1.3% |
| Aon | 28 | 1.3% |
| Cook Street Consulting | 27 | 1.2% |
| Lazard Asset Management LLC | 24 | 1.1% |
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).