MERRILL LYNCH PIERCE FENNER & SMITH
360 known aliases resolved via the canonical alias map
Market position · 2024
Plans served2,327-69 YoYRank #11 of mapped providers
Assets under administration$335.8B0.4%Market share · rank #41
Fees received$199MMedian $31,152/planSum across Schedule C direct + indirect
Net wins YoY-53315 won · 368 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 MERRILL LYNCH PIERCE FENNER & SMITH plan look like?
Service mix · median fees per plan
Count of plans where MERRILL LYNCH PIERCE FENNER & SMITH ships each service code, and the median compensation they report under it.
| Service | Plans | Median fees | Distribution |
|---|---|---|---|
Trustee (directed); Distribution (12b-1) fees; Recordkeeping and information management (computing, tabulating, data processing, etc.); Account maintenance fees; Other investment fees and expenses; Investment advisory (participants); Shareholder servicing fees; Trustee (bank, trust company, or similar financial institution); Securities brokerage commissions and fees; Custodial (securities); Sub-transfer agency fees; Float revenue; Participant loan processing; Investment management fees paid indirectly by plan; Custodial (other than securities)Code 15 | 843 | $33,823 | |
Securities brokerage commissions and fees; Direct payment from the plan; Investment advisory (plan)Code 27 | 742 | $26,980 | |
Other investment fees and expenses; Consulting (pension); Direct payment from the planCode 17 | 259 | $31,867 | |
Securities brokerage; Investment management fees paid directly by plan; Investment advisory (participants); Securities brokerage commissions and feesCode 26 | 205 | $20,884 | |
Sub-transfer agency fees; Investment management; Other investment fees and expenses; Recordkeeping fees; Shareholder servicing fees; Float revenueCode 28 | 66 | $45,489 | |
Sub-transfer agency fees; Shareholder servicing fees; Investment management fees paid indirectly by plan; Distribution (12b-1) feesCode 52 | 52 | $44,227 | |
Investment advisory (plan); Other services; Consulting (general)Code 16 | 41 | $41,576 | |
Securities brokerage; Securities brokerage commissions and fees; Investment management fees paid directly by plan; Custodial (securities)Code 19 | 20 | $30,172 |
Competitor overlap
Percent of MERRILL LYNCH PIERCE FENNER & SMITH'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 MERRILL LYNCH PIERCE FENNER & SMITH.
| Sponsor | From | Assets |
|---|---|---|
ACCENTURE LLPIL · 720542904-102 | ALIGHT SOLUTIONS LLC | $21.3B |
THE KROGER CO.OH · 310345740-010 | (new plan) | $11.8B |
BOARD OF TRUSTEES, CALIFORNIA IRONWORKERS FIELD PENSION TRUST FUNCA · 956042866-001 | RAEL & LETSON | $3.3B |
HUBBELL INCORPORATEDCT · 060397030-060 | CHARLES SCHWAB & CO., INC. | $1.2B |
UNIVERSITY HOSPITALS HEALTH SYSTEMOH · 340714775-333 | BLUE CHIP RETIREMENT PLANS, INC. | $920M |
SIMON PROPERTY GROUP, L.P.IN · 341755769-002 | MERCER | $598M |
EMPIRE SOUTHWEST LLCAZ · 860894087-002 | WEALTHPLAN ADVISORS LLC | $487M |
ADVENTHEALTH BENEFITS ADMINISTRATIVE COMMITTEEFL · 592170012-001 | FIDELITY INVESTMENTS INSTITUTIONAL | $332M |
NORTHEAST GEORGIA HEALTH SYSTEM, INC.GA · 581694090-001 | THE BANK OF NEW YORK MELLON | $315M |
SIERRA SPACE CORPORATIONCO · 861752692-001 | FIDELITY INVESTMENTS INSTITUTIONAL | $293M |
Plans lost in 2024
Appeared last year under MERRILL LYNCH PIERCE FENNER & SMITH; not this year.
| Sponsor | To | Assets |
|---|---|---|
NORDSTROM, INC.WA · 910515058-001 | ALIGHT SOLUTIONS LLC | $3.9B |
PARKER HANNIFIN CORPORATIONOH · 340451060-080 | JPMORGAN INVEST HOLDINGS LLC | $3.7B |
KPMG LLPNJ · 135565207-016 | WILLIS TOWERS WATSON US LLC | $3.2B |
SOLVAY USA LLCNJ · 223539954-010 | KP LYNCH CPA PC | $1.6B |
COADVANTAGE CORPORATIONFL · 273007025-333 | RAYMOND JAMES FINANCIAL SERVICES | $1.0B |
WEATHERFORD INTERNATIONAL, LLCTX · 042515019-002 | T ROWE PRICE RPS INC | $522M |
BOMBARDIER AEROSPACE (HOLDINGS) USA INC. · 475222722-008 | KPMG LLP | $489M |
EVERSHEDS SUTHERLAND (US) LLPDC · 580619407-001 | CHARLES SCHWAB & CO., INC. | $401M |
COMMUNITY HOSPITAL OF THE MONTEREY PENINSULACA · 940760193-002 | GREAT-WEST LIFE & ANNUITY INSURANCE | $339M |
BARTON MALOW HOLDINGS LLCMI · 843081538-001 | FIDELITY INVESTMENTS INSTITUTIONAL | $285M |
Top plans by assets
Searchable full list lands with the commercial layer.
| Plan | Assets | Participants | Fees | Tenure | Flags |
|---|---|---|---|---|---|
WALMART INC.AR · 710415188-003 | $50.8B | 1,970,230 | $24M | 10y | - |
ACCENTURE LLPIL · 720542904-102 | $21.3B | 112,414 | $478,424 | 1y | - |
THE KROGER CO.OH · 310345740-010 | $11.8B | 411,922 | $2M | 1y | - |
KPMG LLPNJ · 135565207-011 | $10.5B | 55,312 | $2M | 10y | 1 |
SOUTHERN COMPANY SERVICES, INC.GA · 630274273-002 | $9.3B | 35,609 | $2M | 10y | 1 |
AMGEN INC.CA · 953540776-001 | $7.7B | 22,645 | $5M | 7y | - |
CORTEVA AGRISCIENCE, LLCDE · 351781118-002 | $7.0B | 24,519 | $973,422 | 3y | - |
AECOMTX · 611088522-055 | $6.8B | 32,344 | $3M | 10y | 2 |
FISERV SOLUTIONS, LLC.WI · 391833695-004 | $5.1B | 36,649 | $1M | 5y | 1 |
BLACKROCK, INC.NY · 991116001-001 | $4.8B | 14,370 | $10,003 | 2y | 1 |
Flag exposure
85.6%Market: 89.2%
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 (360)
Raw Schedule C names collapsed into MERRILL LYNCH PIERCE FENNER & SMITH.
- ACTUARIAL MERRILL LYNCH - FAS
- B OF A MERRILL LYNCH
- BAND OF AMERICA MERRILL LYNCH
- BANK AMERICA MERRILL LYNCH
- BANK OF AMERICA MERRILL
- BANK OF AMERICA MERRILL LUNCH
- BANK OF AMERICA MERRILL LYNCH
- BANK OF AMERICA, MERRILL LYNCH
- BANK OF AMERICA/ MERRILL LYNCH
- BANK OF AMERICA/MERRILL
- BANK OF AMERICA/MERRILL LYNCH
- BANK OF AMERICAN MERRILL LYNCH
- BOA MERRILL LYNCH
- BOSTON PARTNERS C/O MERRILL LYNCH
- CAROLYN MERRILL, CPA
- CASTANO,A./HAGWOO/MERRILL
- COHEN & STEERS C/O MERRILL LYNCH
- ELLISON, KIBLER&ASSOC MERRILL LYNCH
- ICARD MERRILL
- LEGALINK A MERRILL COMPANY
- LEGALINK, INC.
- LORD ABBETT C/O MERRILL LYNCH
- MERIILL LYNCH
- MERIL LYNCH LIFE AGENCY
- MERR. LYNCH, PIERCE, FENNER & SMITH
Book composition by plan size
Bars stack to total plans served; segments use the same asset cutoffs as the /retirement 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 MERRILL LYNCH PIERCE FENNER & SMITH'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 | 45 | 1.93% | 7.76% | -5.83 pp |
| Fidelity bond gap | 141 | 6.06% | 26.94% | -20.88 pp |
| Late contributions | 483 | 20.76% | 1.71% | +19.04 pp |
| Failed to provide benefit | 11 | 0.47% | 0.14% | +0.33 pp |
| Corrective distributions | 628 | 26.99% | 1.76% | +25.23 pp |
| Loss discovered | 2 | 0.09% | 0.00% | +0.08 pp |
New-plan formation share
Share of plans filing for the first time each year that landed with MERRILL LYNCH PIERCE FENNER & SMITH. Compare to the incumbent market share (3.5%) - higher = winning new business, lower = coasting on existing relationships.
0.0%-3.5 pp vs incumbent
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).