MORNEAU SHEPELL
29 known aliases resolved via the canonical alias map
Market position · 2024
Plans served72-7 YoYRank #274 of mapped providers
Assets under administration$115.9B0.1%Market share · rank #119
Fees received$33MMedian $242,780/planSum across Schedule C direct + indirect
Net wins YoY-74 won · 11 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 MORNEAU SHEPELL plan look like?
Service mix · median fees per plan
Count of plans where MORNEAU SHEPELL ships each service code, and the median compensation they report under it.
| Service | Plans | Median fees | Distribution |
|---|---|---|---|
Recordkeeping and information management (computing, tabulating, data processing, etc.); Recordkeeping feesCode 15 | 33 | $236,241 | |
Plan Administrator; Recordkeeping feesCode 14 | 13 | $133,185 | |
Recordkeeping fees; Direct payment from the plan; Contract AdministratorCode 13 | 10 | $234,488 | |
Direct payment from the plan; Consulting (general)Code 16 | 7 | $731,893 | |
Other services; Direct payment from the planCode 49 | 3 | $59,611 | |
Participant communication; Direct payment from the planCode 38 | 2 | $335,497 | |
Consulting feesCode 70 | 2 | $915,271 | |
Direct payment from the plan; ActuarialCode 11 | 1 | $93,540 |
Competitor overlap
Percent of MORNEAU SHEPELL'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 MORNEAU SHEPELL.
| Sponsor | From | Assets |
|---|---|---|
ROBERT BOSCH LLCMI · 362903176-001 | (new plan) | $1.6B |
PARAMOUNT GLOBALNY · 042949533-205 | MILLIMAN, INC. | $531M |
Plans lost in 2024
Appeared last year under MORNEAU SHEPELL; not this year.
| Sponsor | To | Assets |
|---|---|---|
AMERICAN AIRLINES, INC. - RETIREMENTTX · 131502798-006 | FIDELITY INVESTMENTS INSTITUTIONAL | $4.3B |
AMERICAN AIRLINES, INC. - RETIREMENTTX · 131502798-002 | NEWPORT GROUP, INC. | $2.9B |
AMERICAN AIRLINES, INC. - RETIREMENTTX · 131502798-001 | FIDELITY INVESTMENTS INSTITUTIONAL | $2.7B |
AMERICAN AIRLINES, INC. - RETIREMENTTX · 131502798-008 | FIDELITY INVESTMENTS INSTITUTIONAL | $2.6B |
BOMBARDIER AEROSPACE (HOLDINGS) USA INC. · 475222722-008 | KPMG LLP | $489M |
WK KELLOGG COMI · 921243173-005 | NORTHERN TRUST COMPANY | $470M |
COMMONWEALTH HEALTH CORPORATIONKY · 311118087-005 | MERRILL LYNCH PIERCE FENNER & SMITH | $92M |
COMMONWEALTH HEALTH CORPORATIONKY · 311118087-002 | T ROWE PRICE RPS INC | $83M |
SPIRIT AEROSYSTEMS HOLDINGS, INC.KS · 202436320-002 | (new plan) | $1M |
Top plans by assets
Searchable full list lands with the commercial layer.
| Plan | Assets | Participants | Fees | Tenure | Flags |
|---|---|---|---|---|---|
GENERAL ELECTRIC COMPANY, OPERATING AS GE AEROSPACEOH · 140689340-333 | $19.0B | 118,868 | $48,670 | 8y | - |
CONSOLIDATED EDISON COMPANY OF NEW YORK, INC.NY · 135009340-001 | $15.6B | 26,696 | $28,134 | 9y | - |
ROPCOR, INC.NY · 611399608-001 | $8.9B | 51,368 | $20,597 | 1y | - |
THE PERMANENTE MEDICAL GROUP, INC.CA · 942728480-040 | $7.9B | 25,845 | $133,185 | 5y | - |
AUTOMATIC DATA PROCESSING, INC.NJ · 221467904-002 | $7.3B | 46,258 | $14,000 | 2y | 1 |
AMERICAN ELECTRIC POWER SERVICE CORPORATIONOH · 134922641-002 | $5.2B | 21,396 | $10,890 | 3y | - |
WESTROCK COMPANYGA · 473335141-027 | $4.4B | 43,819 | $1M | 4y | - |
MARSH & MCLENNAN COMPANIES, INC.NY · 362668272-001 | $4.2B | 35,450 | $2M | 5y | - |
AMERICAN ELECTRIC POWER SERVICE CORPORATIONOH · 134922641-001 | $4.1B | 32,548 | $1M | 6y | - |
CHUBB INA HOLDINGS INC.PA · 132595722-003 | $3.7B | 13,753 | $731,893 | 5y | - |
Flag exposure
95.8%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 (29)
Raw Schedule C names collapsed into MORNEAU SHEPELL.
- LIFEWORKS
- LIFEWORKS (US) LTD
- LIFEWORKS (US) LTD.
- LIFEWORKS INC.
- LIFEWORKS US LTD
- LIFEWORKS(US) LTD.
- LIFEWORKS, INC.
- MORNEAL SHEPELL LIMITED
- MORNEAU SCHEPELL
- MORNEAU SHAPELL
- MORNEAU SHAPELL SBC LIMITED
- MORNEAU SHEPELL
- MORNEAU SHEPELL / LIFEWORKS
- MORNEAU SHEPELL INC.
- MORNEAU SHEPELL LIMITED
- MORNEAU SHEPELL LTD
- MORNEAU SHEPELL LTD.
- MORNEAU SHEPELL SBC
- MORNEAU SHEPELL SBC LIMITED
- MORNEAU SHEPELL, INC.
- MORNEAU SHEPELL/LIFEWORKS
- MORNEAU SHEPPELL LIMITED
- MORNEAU SHEPPELL SBC SYSTEMS
- TELLUS HEALTH
- TELUS
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 MORNEAU SHEPELL'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 | 2 | 2.78% | 7.76% | -4.98 pp |
| Fidelity bond gap | 0 | 0.00% | 26.94% | -26.94 pp |
| Late contributions | 1 | 1.39% | 1.71% | -0.32 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 MORNEAU SHEPELL. 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).