Riggs Counselman Michaels & Downes Inc
advisor14 known aliases resolved via the canonical alias map
Market position · 2024
Plans served5-2 YoYRank #2264 of mapped providers
Assets under administration$6.4B0.0%Market share · rank #1174
Fees received$791,766Median $11,358/planSum across Schedule C direct + indirect
Net wins YoY-12 won · 3 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 Riggs Counselman Michaels & Downes Inc plan look like?
Service mix · median fees per plan
Count of plans where Riggs Counselman Michaels & Downes Inc ships each service code, and the median compensation they report under it.
| Service | Plans | Median fees | Distribution |
|---|---|---|---|
Contract AdministratorCode 13 | 1 | $11,358 | |
Consulting (general); Insurance services; Insurance brokerage commissions and feesCode 16 | 1 | $0 | |
Direct payment from the plan; Insurance agents and brokersCode 22 | 1 | $606,363 | |
Insurance servicesCode 23 | 1 | $164,981 | |
Investment advisory (plan)Code 27 | 1 | $9,064 |
Competitor overlap
Percent of Riggs Counselman Michaels & Downes Inc'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 Riggs Counselman Michaels & Downes Inc.
| Sponsor | From | Assets |
|---|---|---|
SAVINGS BOARD OF THE NFL PLAYER SECOND CAREER SAVINGS PLANMD · 521852902-001 | B BELL/P ROZELLE NFL PLAYER RET PL | $4.0B |
GOVERNING COMMITTEE OF THE ILLINOIS INDEPENDENT COLLEGES AND UNIVERSIIL · 200174619-333 | Millenium Advisory Services Inc | $504M |
Plans lost in 2024
Appeared last year under Riggs Counselman Michaels & Downes Inc; not this year.
| Sponsor | To | Assets |
|---|---|---|
NATIONAL AUTOMATIC SPRINKLER INDUSTRY PENSION FUND JT BOARD OF TRUSTEEMD · 526054620-001 | JOHN EGER | $4.5B |
NORTHWELL HEALTH, INC.NY · 113418133-006 | NISA Investment Advisors | $2.7B |
THE GOVERNING BOARD OF THE MI INDEPENDENT COLLEGES AND UNIVERSITIESMI · 842495214-333 | Millenium Advisory Services Inc | $315M |
Top plans by assets
Searchable full list lands with the commercial layer.
| Plan | Assets | Participants | Fees | Tenure | Flags |
|---|---|---|---|---|---|
RETIREMENT BOARD OF BERT BELL/PETE ROZELLE NFL PLAYER RETIREMENT PLANMD · 136043636-001 | $4.0B | 15,591 | $606,363 | 10y | - |
THE GOVERNING COMMITTEE OF THE SECTION 403(B) DEFINED CONTRIBUTIONVA · 824833402-333 | $1.3B | 12,255 | $164,981 | 6y | 1 |
THE GOVERNING BOARD OF THE PENNSYLVANIA ASSOCIATION OFPA · 843430131-333 | $543M | 4,776 | $9,064 | 3y | 1 |
GOVERNING COMMITTEE OF THE ILLINOIS INDEPENDENT COLLEGES AND UNIVERSIIL · 200174619-333 | $504M | 4,015 | $11,358 | 1y | 1 |
NATHAN LITTAUER HOSPITAL ASSOCIATIONNY · 141338465-001 | $79M | 1,364 | $0 | 10y | - |
Flag exposure
100.0%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 (14)
Raw Schedule C names collapsed into Riggs Counselman Michaels & Downes Inc.
- HEALTHCARE COMMUNITY SERVICES
- HEALTHCARE COMMUNITY SERVICES COR
- HEALTHCARE COMMUNITY SERVICES CORP
- HEALTHCARE FOUNDATION OF
- HEALTHCARE ROYALTY MANAGEMENT, LLC
- HEALTHCARE ROYALTY PARTNERS (COWEN)
- HEALTHCARE ROYALTY PARTNERS, LP
- RIGGS CNSLMN MICHAELS & DOWNES INC
- RIGGS COUNSELMAN MICHAELS & DOWNES
- RIGGS COUNSELMAN MICHAELS & DOWNES,
- RIGGS, CNSLMN, MICHALES & DOWNES IN
- RIGGS, COUNSELMAN,MICHAELS & DOWNES
- RIGGS,CNSLMN,MICHAELS & DOWNES INC
- RIGGS,COUNSELMAN,MICHAELS & DOWNES,
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 Riggs Counselman Michaels & Downes Inc'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 | 0 | 0.00% | 7.76% | -7.76 pp |
| Fidelity bond gap | 0 | 0.00% | 26.94% | -26.94 pp |
| Late contributions | 3 | 60.00% | 1.71% | +58.29 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 Riggs Counselman Michaels & Downes Inc. Compare to the incumbent market share (0.0%) - higher = winning new business, lower = coasting on existing relationships.
0.0%-0.0 pp vs incumbent
Frequent partners by role
Who else shows up on Riggs Counselman Michaels & Downes Inc'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 |
|---|---|---|
| Law Office of Allen T Steinberg PC | 1 | 20.0% |
| Groom Law Group, Chartered | 1 | 20.0% |
| Hinkle Law Firm LLC | 1 | 20.0% |
| Littler Mendelson, P.C. | 1 | 20.0% |
| Mullen Coughlin, LLC | 1 | 20.0% |
| Troutman Pepper | 1 | 20.0% |