THE BENEFIT PRACTICE
3 known aliases resolved via the canonical alias map
Market position · 2024
Plans served87-5 YoYRank #221 of mapped providers
Assets under administration$2.9B0.0%Market share · rank #2540
Fees received$2MMedian $14,069/planSum across Schedule C direct + indirect
Net wins YoY-312 won · 15 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 THE BENEFIT PRACTICE plan look like?
Service mix · median fees per plan
Count of plans where THE BENEFIT PRACTICE ships each service code, and the median compensation they report under it.
| Service | Plans | Median fees | Distribution |
|---|---|---|---|
Plan Administrator; Contract AdministratorCode 13 | 37 | $13,183 | |
Recordkeeping fees; Recordkeeping and information management (computing, tabulating, data processing, etc.); Participant loan processingCode 15 | 18 | $12,639 | |
Other services; Direct payment from the plan; Other feesCode 49 | 13 | $8,323 | |
Participant loan processing; Direct payment from the planCode 37 | 4 | $4,088 | |
Other fees; Direct payment from the planCode 50 | 4 | $17,615 | |
ActuarialCode 11 | 3 | $51,911 | |
Plan Administrator; Participant loan processing; Direct payment from the planCode 14 | 3 | $18,239 | |
Consulting (general)Code 16 | 2 | $14,902 |
Competitor overlap
Percent of THE BENEFIT PRACTICE'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 THE BENEFIT PRACTICE.
| Sponsor | From | Assets |
|---|---|---|
J. GOLDMAN & CO., L.P.NY · 861125093-001 | (new plan) | $52M |
THE NEW YORK STRUCTURAL BIOLOGY CENTERNY · 134043587-001 | (new plan) | $18M |
MASPETH FEDERAL SAVINGS & LOAN ASSOCIATIONNY · 111553555-002 | ASSOCIATED BENEFIT CONSULTANTS, LLC | $14M |
MASPETH FEDERAL SAVINGS & LOAN ASSOCIATIONNY · 111553555-001 | THE RETIREMENT ADVANTAGE INC | $14M |
L.P. INDUSTRIES, INC.FL · 592362599-002 | (new plan) | $8M |
KUREHA AMERICA, INC.TX · 133799447-001 | S B H U LIFE AGENCY INC | $7M |
SEVIROLI FOODS, LLCNY · 812608502-001 | (new plan) | $6M |
LYDECKER DIAZ, LLPFL · 822361028-001 | (new plan) | $6M |
ULE GROUP CORP.NY · 223921707-001 | (new plan) | $3M |
LOCAL UNION 514NY · 461144986-001 | (new plan) | $2M |
Plans lost in 2024
Appeared last year under THE BENEFIT PRACTICE; not this year.
| Sponsor | To | Assets |
|---|---|---|
ENVISION HEALTHCARE OPERATING INC.TN · 934099984-002 | FIDELITY INVESTMENTS INSTITUTIONAL | $2.8B |
KAYNE ANDERSON CAPITAL ADVISORS, LPCA · 954486379-001 | PRINCIPAL LIFE INSURANCE COMPANY | $127M |
MOBIS NORTH AMERICA, LLCOH · 202419128-004 | PLANTE & MORAN, PLLC | $20M |
AMERICAN COMMERCIAL BANK & TRUST, NATIONAL ASSOCIATIONIL · 361588745-002 | IHT WEALTH MANAGEMENT LLC | $19M |
NORWOOD SUBARU, INC.MA · 042519486-001 | (new plan) | $10M |
THE VMC GROUPNJ · 202305737-002 | EQUITABLE ADVISORS LLC | $8M |
CARE FOR THE HOMELESSNY · 133666994-001 | MUTUAL OF AMERICA SEC. CORP LLC | $7M |
FLORIDA PANTHERS HOCKEY CLUB, LTDFL · 650401302-001 | GALLAGHER FIDUCIARY ADVISORS, LLC | $6M |
FIRE ISLAND FERRIES, INC.NY · 111570553-001 | (new plan) | $5M |
OPEN SYSTEMS HEALTHCARE, INC.PA · 453537934-001 | (new plan) | $717,160 |
Top plans by assets
Searchable full list lands with the commercial layer.
| Plan | Assets | Participants | Fees | Tenure | Flags |
|---|---|---|---|---|---|
MERCEDES-BENZ USA, LLCGA · 222375138-001 | $399M | 2,687 | $121,040 | 6y | - |
ENT AND ALLERGY ASSOCIATES, LLPNY · 134000192-001 | $240M | 1,034 | $21,502 | 10y | - |
1-800-FLOWERS TEAM SERVICES, INC.NY · 113187400-001 | $218M | 5,043 | $13,750 | 6y | 2 |
IHI AMERICAS INC.NY · 834230011-002 | $165M | 1,125 | $25,000 | 5y | 2 |
ZT GROUP INT'L, INC.NJ · 223624064-001 | $128M | 2,372 | $3,333 | 10y | 1 |
NEXXEN INC.NY · 822513262-001 | $100M | 1,407 | $42,691 | 8y | 1 |
COMMUNITY COUNSELLING SERVICE CO., LLCNY · 900286107-003 | $86M | 797 | $45,805 | 6y | - |
MAIN STREET RADIOLOGY AT BAYSIDE, LLCNY · 113545588-001 | $77M | 435 | $16,550 | 8y | - |
FRONTLINE INSURANCE MANAGERS, INC.FL · 133963337-001 | $74M | 647 | $49,495 | 7y | - |
NEW MOUNTAIN CAPITAL, LLCNY · 810659915-001 | $72M | 356 | $0 | 9y | - |
Flag exposure
85.1%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 (3)
Raw Schedule C names collapsed into THE BENEFIT PRACTICE.
- THE BENEFIT PRACITCE
- THE BENEFIT PRACTICE
- THE BENEFIT PRACTICE INC
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 THE BENEFIT PRACTICE'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 | 2.30% | 7.76% | -5.46 pp |
| Fidelity bond gap | 4 | 4.60% | 26.94% | -22.34 pp |
| Late contributions | 25 | 28.74% | 1.71% | +27.02 pp |
| Failed to provide benefit | 1 | 1.15% | 0.14% | +1.01 pp |
| Corrective distributions | 18 | 20.69% | 1.76% | +18.93 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 THE BENEFIT PRACTICE. 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).