NEWTOWER TRUST COMPANY
15 known aliases resolved via the canonical alias map
Market position · 2024
Plans served84-3 YoYRank #237 of mapped providers
Assets under administration$71.0B0.1%Market share · rank #226
Fees received$9MMedian $38,442/planSum across Schedule C direct + indirect
Net wins YoY-44 won · 8 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 NEWTOWER TRUST COMPANY plan look like?
Service mix · median fees per plan
Count of plans where NEWTOWER TRUST COMPANY ships each service code, and the median compensation they report under it.
| Service | Plans | Median fees | Distribution |
|---|---|---|---|
Other investment fees and expenses; Investment management; Investment management fees paid indirectly by planCode 28 | 49 | $52,072 | |
Investment management; Custodial (securities); Investment management fees paid directly by planCode 19 | 17 | $0 | |
Trustee (bank, trust company, or similar financial institution); Investment management; Investment management fees paid indirectly by planCode 21 | 9 | $33,908 | |
Investment management; Custodial (other than securities)Code 18 | 2 | $6,094 | |
Investment management fees paid indirectly by plan; Investment advisory (plan)Code 27 | 2 | $36,717 | |
Investment management fees paid directly by plan; Direct payment from the planCode 50 | 2 | $227,716 | |
Investment management fees paid directly by planCode 51 | 2 | $53,069 | |
Consulting (general); Direct payment from the plan; Investment advisory (plan)Code 16 | 1 | $12,006 |
Competitor overlap
Percent of NEWTOWER 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 NEWTOWER TRUST COMPANY.
| Sponsor | From | Assets |
|---|---|---|
BOARD OF TRUSTEES,IBEW LOCAL UNION NO 5 & WESTERN PA CHAPTER NECAPA · 256032108-001 | ANDCO CONSULTING | $823M |
PLUMBERS AND STEAMFITTERS 486 PENSION FUND BOARD OF TRUSTEESMD · 526124449-001 | GCM GROSVENOR | $382M |
SHEET METAL WORKERS LOCAL UNION NO. 32 PENSION TRUST FUNDFL · 596152610-001 | JOHNSTON ASSET MANAGEMENT | $59M |
Plans lost in 2024
Appeared last year under NEWTOWER TRUST COMPANY; not this year.
| Sponsor | To | Assets |
|---|---|---|
BOARD OF TRUSTEES OF MID-AMERICA CARPENTERS REGIONAL COUNCIL PENSION FIL · 366130207-001 | NEW TOWER | $4.8B |
PIPE & REFRIGERATION FITTERS LOCAL 537MA · 516030859-001 | CBIZ RETIREMENT PLAN SERVICES | $828M |
ELECTRICAL CONSTRUCTION INDUSTRY PENSION PLAN BOARD OF TRUSTEESWI · 391291994-002 | PCS INTERNATIONAL | $528M |
MARYLAND ELECTRICAL IND PENSIONWV · 521057284-001 | AMERICAN REALTY ADVISORS | $268M |
MILLWRIGHT & MACHINERY ERECTORS LOCAL 1192 DEFINED CONTRIBUTIONTN · 630935670-001 | THE YOUNGDAHL LAW FIRM, P.C. | $98M |
BOARD OF TRUSTEES OF THE BIRMINGHAM P & S LU 91 PFAL · 630437949-001 | ABBEY STREET LLC | $28M |
BOARD OF TRUSTEES PLUMBERS AND STEAMFITTERS LOCALCT · 516029575-001 | THE SEGAL COMPANY | $24M |
Top plans by assets
Searchable full list lands with the commercial layer.
| Plan | Assets | Participants | Fees | Tenure | Flags |
|---|---|---|---|---|---|
TRUSTEES OF THE NATIONAL ELECTRICAL ANNUITY PLANMD · 526132372-001 | $18.1B | 182,716 | $1M | 3y | - |
CARPENTERS PENSION TRUST FUND FOR NORTHERN CALIFORNIACA · 946050970-001 | $6.0B | 50,363 | $553,675 | 2y | - |
TRUSTEES OF THE MIDWEST OPERATING ENGINEERS PENSION TRUST FUNDIL · 366140097-001 | $6.0B | 31,707 | $790,416 | 5y | - |
BOARD OF TRUSTEES LABORERS PENSION TRUST FUND FOR NORTHERN CALIFORNIACA · 946277608-001 | $5.5B | 44,826 | $39,029 | 1y | - |
BUILDING TRADES UNITED PENSION TRUST FUNDWI · 516049409-001 | $3.5B | 28,408 | $411,249 | 3y | - |
CARPENTERS ANNUITY TRUST FUND FOR NORTHERN CALIFORNIACA · 946534591-001 | $3.3B | 64,255 | $504,634 | 2y | - |
BOARD OF TRUSTEES OF CARPENTERS PENSION FUND OF ILLINOISIL · 366147396-001 | $2.3B | 17,735 | $419,239 | 10y | - |
BOARD OF TRUSTEES - SOUTHERN ELECTRICAL RETIREMENT FUNDTN · 626125711-001 | $2.2B | 25,932 | $0 | 7y | - |
BOT OF IUOE STATIONARY ENGINEERS LOCAL 39 PENSION PLANCA · 946118939-001 | $2.0B | 10,962 | $765,974 | 7y | - |
JOINT BOARD OF TRUSTEES ELECTRICAL WORKERS LOCAL 103 IBEWMA · 046063734-001 | $1.9B | 10,363 | $0 | 4y | - |
Flag exposure
91.7%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 (15)
Raw Schedule C names collapsed into NEWTOWER TRUST COMPANY.
- BGO-NEW TOWER TRUST COMPANY
- MEPT NEWTOWER TRUST
- MEPT-NEWTOWER TRUST
- NEW TOWER TRUST CO
- NEW TOWER TRUST CO.
- NEW TOWER TRUST COMPANY
- NEW TOWER TRUST COMPANY TOWER TRUST
- NEWTOWER
- NEWTOWER MANAGEMENT, LLC
- NEWTOWER MEPT
- NEWTOWER TRUST
- NEWTOWER TRUST COMPANY
- NEWTOWER TRUST COMPANY - MEPT
- NEWTOWER TRUST COMPANY 20-1644876
- NEWTOWER TRUST COMPANY 30-0872552
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 NEWTOWER 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 | 1 | 1.19% | 7.76% | -6.57 pp |
| Fidelity bond gap | 0 | 0.00% | 26.94% | -26.94 pp |
| Late contributions | 0 | 0.00% | 1.71% | -1.71 pp |
| Failed to provide benefit | 0 | 0.00% | 0.14% | -0.14 pp |
| Corrective distributions | 0 | 0.00% | 1.76% | -1.76 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 NEWTOWER 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
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).