PNC Bank
custodian52 known aliases resolved via the canonical alias map
Market position · 2024
Plans served249+21 YoYRank #86 of mapped providers
Assets under administration$70.4B0.1%Market share · rank #225
Fees received$12MMedian $27,152/planSum across Schedule C direct + indirect
Net wins YoY+2259 won · 37 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 PNC Bank plan look like?
Service mix · median fees per plan
Count of plans where PNC Bank ships each service code, and the median compensation they report under it.
| Service | Plans | Median fees | Distribution |
|---|---|---|---|
Trustee (discretionary); Custodial (securities); Other investment fees and expensesCode 19 | 58 | $28,857 | |
Other fees; Investment advisory (plan)Code 27 | 49 | $26,467 | |
Trustee (discretionary); Soft dollars commissions; Trustee (bank, trust company, or similar financial institution); Direct payment from the planCode 21 | 41 | $52,987 | |
Investment management; Investment management fees paid directly by planCode 28 | 22 | $30,120 | |
Trustee (directed); Investment management; Investment management fees paid indirectly by plan; Direct payment from the planCode 25 | 16 | $10,214 | |
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 | 14 | $19,951 | |
Trustee (bank, trust company, or similar financial institution); Custodial (other than securities)Code 18 | 9 | $39,744 | |
Soft dollars commissions; Contract Administrator; Trustee (bank, trust company, or similar financial institution); Recordkeeping fees; Custodial (securities); Distribution (12b-1) fees; Recordkeeping and information management (computing, tabulating, data processing, etc.)Code 13 | 5 | $29,231 |
Competitor overlap
Percent of PNC Bank'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 PNC Bank.
| Sponsor | From | Assets |
|---|---|---|
BOARD OF TRUSTEES, PENSION TRUST FUND FOR OPERATINGCA · 946090764-001 | Zenith Administrative Services | $5.4B |
AMICA MUTUAL INSURANCE COMPANYRI · 050348344-001 | Pension Innovations & Consulting | $1.7B |
TRUSTEES OF THE ROCKY MOUNTAIN UFCW PENSION PLAN C/O ZENITH AMERICAN SCO · 846045986-001 | Panagora Asset Management | $1.3B |
BOARD OF TRUSTEES MICHIGAN LABORERS' PENSION FUNDMI · 386233976-001 | TIC International Corporation | $1.3B |
BOARD OF TRUSTEES OF THE SOUTHERN DISTRICT UBC DEFINED CONTRIBUTION FTN · 710851216-001 | Southern Benefit Administrators | $1.2B |
MSA WORLDWIDE, LLCPA · 464914866-001 | Sanders Capital LLC | $575M |
SYLVAMO NORTH AMERICA, LLCTN · 472346896-020 | Empower | $415M |
BRAND SERVICES, LLCGA · 133909681-001 | Armanino LLP | $356M |
OPERATING ENGINEERS LOCAL 428 ANNUITY TRUST FUNDAZ · 866025732-002 | PGIM Real Estate | $313M |
ENPRO, INC.NC · 010573945-001 | Vanguard | $250M |
Plans lost in 2024
Appeared last year under PNC Bank; not this year.
| Sponsor | To | Assets |
|---|---|---|
HIGHMARK HEALTHPA · 453674900-333 | NEPC LLC | $3.3B |
COMFORT SYSTEMS USA, INC.TX · 760526487-001 | OneDigital | $941M |
PRATT INDUSTRIES U.S.A., INC.GA · 980070672-001 | Merrill | $476M |
SHEET METAL WORKERS PENSION FUND OF LOCAL UNIONPA · 231494364-001 | THOMAS KLINGENBERG | $470M |
ATLANTA PLUMBERS & STEAMFITTERS PENSION FUNDFL · 581233396-001 | Constitution Capital | $416M |
IBEW LOCAL 38 PENSION PLANOH · 346574238-001 | Manning & Napier | $409M |
BOARD OF TRUSTEES PAINTERS DISTRICT COUN NO. 30 PENSION FUNDIL · 366491120-001 | JOHN R. BUTLER | $395M |
BRONSON HEALTHCARE GROUP, INC.MI · 382418383-004 | Miller Johnson Snell & Cummiskey PC | $306M |
MARYLAND ELECTRICAL IND PENSIONWV · 521057284-001 | American Benefit Corporation | $268M |
TRUSTEES OF THE PENSION PLAN OF THE PLUMBERS & PIPEFITTERS LOCAL UNIONFL · 596165026-001 | National Employee Administrators | $141M |
Top plans by assets
Searchable full list lands with the commercial layer.
| Plan | Assets | Participants | Fees | Tenure | Flags |
|---|---|---|---|---|---|
B/O/T UNITED ASSOCIATION NATIONAL PENSION FUNDVA · 526152779-001 | $7.7B | 196,837 | $356,497 | 10y | - |
JOINT BOARD OF TRUSTEES, BAKERY & CONFECTIONERY UNION & INDUSTRYMD · 526118572-001 | $6.6B | 99,660 | $478,586 | 10y | - |
BOARD OF TRUSTEES, PENSION TRUST FUND FOR OPERATINGCA · 946090764-001 | $5.4B | 45,574 | $143,394 | 1y | - |
NATIONAL AUTOMATIC SPRINKLER INDUSTRY PENSION FUND JT BOARD OF TRUSTEEMD · 526054620-001 | $4.8B | 34,009 | $0 | 7y | - |
BOARD OF TRUSTEES, LOCALS 302 & 612 OF THE IUOE -WA · 916028571-001 | $3.3B | 19,582 | $178,323 | 2y | - |
BOARD OF TRUSTEES OF TEAMSTERS PENSION TRUST FUND OF PHILADELPHIA & VINJ · 231511735-001 | $2.7B | 24,600 | $132,962 | 4y | - |
MULTIPLE EMPLOYERSMD · 521061906-002 | $2.2B | 11,358 | $309,035 | 10y | - |
AMICA MUTUAL INSURANCE COMPANYRI · 050348344-001 | $1.7B | 5,706 | $6,672 | 1y | - |
BOARD OF TRUSTEES OF NATIONAL INTEGRATED GROUP PENSION PLANPA · 226190618-001 | $1.6B | 46,326 | $80,313 | 2y | - |
NECA-IBEW PENSION TRUST FUNDIL · 516029903-001 | $1.6B | 12,974 | $25,316 | 10y | - |
Flag exposure
87.6%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 (52)
Raw Schedule C names collapsed into PNC Bank.
- GRASSL,/MORGAN
- GRASSWOOD
- GRATUS CAPITAL LLC
- GRAVER CAPITAL MANAGEMENT LLC
- GRAVITATE SOLUTIONS LLC
- GRAY & COMPANY
- GRAY CALLISON & CO
- GRAY CALLISON & CO PA
- GRAY, BLODGETT & COMPANY, PLLC
- P N C BANK
- P NC BANK
- PNC BAK, N.A.
- PNC BAMK, N.A.
- PNC BANK
- PNC BANK (TRUSTEE FOR AFL-CIO)
- PNC BANK ,N.A.
- PNC BANK ASSOCIATION
- PNC BANK COMPENSATION
- PNC BANK LNSTLTUTLONAL ASSET MANAGE
- PNC BANK N.A
- PNC BANK N.A.
- PNC BANK NA
- PNC BANK NATIONAL ASS
- PNC BANK NATIONAL ASSOCIATES
- PNC BANK NATIONAL ASSOCIATION
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 PNC Bank'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 | 9 | 3.61% | 7.76% | -4.15 pp |
| Fidelity bond gap | 1 | 0.40% | 26.94% | -26.54 pp |
| Late contributions | 27 | 10.84% | 1.71% | +9.13 pp |
| Failed to provide benefit | 3 | 1.20% | 0.14% | +1.07 pp |
| Corrective distributions | 21 | 8.43% | 1.76% | +6.68 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 PNC Bank. Compare to the incumbent market share (0.4%) - higher = winning new business, lower = coasting on existing relationships.
0.0%-0.4 pp vs incumbent
Frequent partners by role
Who else shows up on PNC Bank'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 |
|---|---|---|
| The Segal Company | 22 | 8.8% |
| ULLICO Inc | 19 | 7.6% |
| Loomis Sayles | 17 | 6.8% |
| ASB Capital Management | 16 | 6.4% |
| Cambridge Associates | 15 | 6.0% |
| Ariel Investments LLC | 14 | 5.6% |
| Inter-Continental Real Estate Corp | 14 | 5.6% |
| Jackson Square Partners LLC | 14 | 5.6% |
| Snyder Capital Management LP | 14 | 5.6% |
| PIMCO | 13 | 5.2% |
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).