Providers › Investment advisory and management
Service provider · Schedule C, plan year 2024
Earnest Partners, LLC
Most often reported for investment advisory and management
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Schedule C lists only providers a plan paid $5,000 or more, and is filed only by plans with 100 or more participants.
For plan year 2024, 35 retirement plans with 100 or more participants reported paying Earnest Partners, LLC $5,000 or more. Those plans cover 818,297 participant records, and the service most often reported is investment advisory and management.
Reported compensation from those plans, direct and indirect, totalled $10.0M. Per plan, the median was $19.88 per participant, with the middle half of plans between $7.22 and $52.39. These are amounts plans reported paying this organisation, not a price list: they depend on which services each plan buys and on how much is paid through fund expenses instead.
Its client plans are most numerous in Michigan (7), California (4) and Maryland (3).
In 2009 it appeared on 64 such filings; in 2024, 39 (down 39%). Yearly counts include every filing that names it, so they can run slightly above the number of plans with pages here, and name or EIN changes after mergers can break the series.
Reported compensation per plan
| Across this provider's plans | 25th percentile | Median | 75th percentile |
|---|---|---|---|
| Compensation per participant | $7.22 | $19.88 | $52.39 |
| Compensation as a share of plan net assets | 0.01% | 0.02% | 0.05% |
What each plan reported paying this organisation, not the plan's total cost. For reference, the median US defined contribution plan reported $123 per participant to all Schedule C providers combined.
Plans served by year
Matched by employer identification number. A merger or a change of filing entity starts a new series, so a drop to zero is not a loss of clients by itself.
By state
By plan size
Services reported
Largest plans naming this provider
| Plan | Sponsor | State | Participants | Net assets | Reported to this provider |
|---|---|---|---|---|---|
| CVS Health Future Fund 401(k) Plan | CVS Health Corporation | RI | 385,927 | $30.1B | $1.1M |
| Sheet Metal Workers' National Pension Fund | BD of Trustees Sheet Metal Workers' National Pension Fund | VA | 152,375 | $8.26B | $496K |
| Southern California Ibew-Neca Defined Contribution Plan | Board of Trustees, Southern California Ibew-Neca | CA | 29,361 | $1.28B | $208K |
| Operating Engineers' Local 324 Pension Fund | Joint Board of Trustees Operating Engineers Local 324 | MI | 21,246 | $1.92B | $904K |
| Operating Engineers' Local 324, Defined Contribution Pension Plan | Joint Board of Trustees, Operating Engineers Local 324, DC | MI | 20,636 | $248M | $133K |
| Electrical Contractors Assoc. of the City of Chgo Local Union 134, IBEW Joint Pension Trust of Chgo Pension Plan #2 | Board of Trustees of Eca Chicago and Local Union 134 IBEW Pension Plan | IL | 19,809 | $2.69B | $372K |
| Mason Tenders' District Council Pension Fund | Board of Trustees Mason Tenders District Council Pension Fund | NY | 19,759 | $1.93B | $1.2M |
| Hotel Industry-Ilwu Pension Plan | Board of Trustees of the Hotel Industry-Ilwu Pension Plan | HI | 16,470 | $316M | $327K |
| Bert Bell/pete Rozelle NFL Player Retirement Plan | Retirement Board of Bert Bell/pete Rozelle NFL Player Retirement Plan | MD | 15,591 | $3.95B | $473K |
| Ironworkers National Pension Plan | Ironworkers National Pension Plan Board of Trustees | IL | 13,533 | $502M | $163K |
| Sheet Metal Workers Pension Plan of Northern California | Sheet Metal Workers Pension Trust | CA | 12,741 | $1.57B | $193K |
| Valero Energy Corporation Pension Plan | Valero Energy Corporation | TX | 11,896 | $2.63B | $623K |
| Electrical Workers Pension Plan Local 103 I.B.E.W. | Joint Board of Trustees Electrical Workers Local 103 IBEW | MA | 10,385 | $2.04B | $859K |
| The University of Chicago Pension Plan for Staff Employees | The University of Chicago | IL | 9,720 | $304M | $8,461 |
| Pension Fund of Local 227 | Board of Trustees of Pension Fund of Local 227 | FL | 8,832 | $97.2M | $46K |
| NXP 401(k) Retirement Plan | NXP USA, Inc. | TX | 8,578 | $3.70B | $340K |
| NFL Player Annuity Program | Annuity Board of the NFL Player Annuity Program | MD | 7,789 | $1.96B | $670K |
| Idaho National Laboratory Employee Retirement Plan | Battelle Energy Alliance, LLC | ID | 7,309 | $1.87B | $121K |
| Pension Plan B for Employees of Consumers Energy Company | Consumers Energy Company | MI | 7,269 | $1.40B | $43K |
| Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries | Hawaiian Electric Industries, Inc. | HI | 5,068 | $1.91B | $277K |
| Ilwu (Hawaii) Employers General Pension Plan | Board of Trustees of the Ilwu (Hawaii) Employers General Pension Trust | HI | 4,369 | $89.6M | $160K |
| Smart & Final Pension Plan | Smart & Final Pension Plan | CA | 3,875 | $169M | $171K |
| I.B.E.W. Local 38 Pension Plan | IBEW Local 38 Pension Plan | OH | 3,614 | $445M | $271K |
| Sheet Metal Workers Local Union No. 80 Pension Fund | Trustees of Sheet Metal Workers Local Union No. 80 Pension Fund | MI | 3,275 | $418M | $382K |
| Steamship Trade Association of Baltimore, Incorporated - International Longshoremen's Association Pension Plan | Board of Trustees of the Steamship Trade Association of Baltimore, | MD | 3,178 | $1.14B | $213K |
| Smart Local Unions and Councils Pension Fund | Board of Trustees of the Smart Local Unions and Councils Pension Fund | VA | 3,053 | $397M | $40K |
| Pension Plan a for Employees of Consumer Energy Company | Consumers Energy Company | MI | 2,756 | $1.94B | $61K |
| New Orleans Employers-International Longshoremen's Association,afl-Cio,pension Plan | Board of Trustees, New Orleans Employers International Longshoremen's | LA | 2,467 | $136M | $18K |
| Tronox Incorporated Retirement Plan | Tronox Incorporated | CT | 2,439 | $171M | $21K |
| Pension Plan for Non-Bargaining Unit Employees of Kyocera International, Inc. & Participating Companies | Kyocera International, Inc. | CA | 2,174 | $222M | $114K |
| Bethesda Retirement Plan | Bethesda Hospital, Inc. | FL | 1,353 | $167M | $6,399 |
| Boca Raton Regional Hospital Employees Pension Plan | Boca Raton Regional Hospital, Inc. | FL | 831 | $74.7M | $10K |
| Senior Services Retirement Plan | Meritan, Inc. | TN | 274 | $24.3M | $8,677 |
| Sign, Pictorial and Display Union Local No. 591 AFL-CIO Pension Fund | JT BD of Trustees, Sign Pictorial Display Un Local 591 Aflcio Pen FD | MI | 244 | $19.4M | $0 |
| Sign, Pictorial and Display Union Local 591 Supplemental Pension Fund | Sign, Pictorial and Display Union Local 591 Supplemental Pension | MI | 101 | $2.6M | $0 |
Questions and answers
How many plans does Earnest Partners, LLC serve?
35 plans with 100 or more participants named it on Schedule C for plan year 2024. Plans that paid it under $5,000, small plans that file Form 5500-SF, and plans whose filings spell its name without an EIN under a different form are not counted.
What do plans pay Earnest Partners, LLC?
The median plan reported $19.88 per participant in direct and indirect compensation (33 plans reporting an amount), or 0.02% of plan net assets. Eligible indirect compensation disclosed to the plan by formula is not reported as a dollar amount, so many filings understate what a provider receives.
What services are reported?
The service codes most often attached to it are Investment management (28 plans), Securities brokerage (2 plans) and Insurance agents and brokers (1 plans).
Where does this come from?
Schedule C of Form 5500, Part I line 2, from the EBSA research files with filings received through 24 Aug 2026. Individuals named on Schedule C are excluded from this site.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, Schedule C Part I line 2, public domain, with filings received through 24 Aug 2026. Rows are grouped by the provider's EIN as entered by each plan; rows without an EIN join the EIN most often filed under the same name. Providers named on fewer than 25 plans have no page. See the methodology and corrections.