We present a comparative evaluation of six information retrieval methods for the task of academic advisor discovery: ranking CS faculty members by relevance to a graduate applicant's research interest statement. The methods span sparse lexical matching (Jaccard overlap, TF-IDF, BM25), dense semantic retrieval (all-MiniLM-L6-v2 sentence embeddings), hybrid score fusion, and learning-to-rank. Evaluation uses a new domain-specific collection: 768 faculty profiles scraped from 9 US CS departments, with 162 graded relevance judgments (grade 0/1/2) across 5 queries representing distinct graduate student research profiles. Across all five queries, Reranked achieves the highest mean NDCG@10 (0.477, std 0.138), followed by Semantic (0.450), Hybrid (0.421), BM25 (0.406), Jaccard (0.303), and TF-IDF (0.246). After Bonferroni correction across all 15 pairwise comparisons, TF-IDF is significantly worse than BM25, Semantic, Hybrid, and Reranked; no other pairwise difference survives correction at 5 queries. A field ablation reveals that biography alone (NDCG 0.634) outperforms the full model combining biography with research area tags (0.593). A controlled experiment shows that concatenating arXiv paper abstracts reduces NDCG@10 by 0.176, motivating a late-fusion architecture. All code, scrapers, and relevance labels are released openly.
Max Nelson, Hanoz Bhathena, Aviral Joshi +1cs.IR cs.CL
Selecting a retrieval model for a production RAG system requires reliable comparative evaluation, but obtaining relevance judgments at scale is expensive and difficult to repeat as new candidate systems arrive. We study pooled LLM evaluation, in which an LLM judges the union of documents retrieved by the current set of candidate systems, and the pool is then expanded incrementally as new systems are introduced by judging only the new documents they contribute. These judgments are reused to evaluate all systems on a common basis. We validate this approach on four retrieval benchmarks with 11 systems spanning dense, sparse, and hybrid configurations, and deploy it to compare 62 retrieval configurations for a financial news QA system. Pooled LLM rankings correlate strongly with gold-standard evaluation across datasets, and 97% of pairwise system orderings are preserved once bootstrap uncertainty in the qrels is taken into account. In production, document overlap yields 65-80% judgment reuse and up to 4.9x lower evaluation cost, allowing teams to benchmark new retrieval candidates without re-judging previously assessed documents. These results suggest pooled LLM evaluation is a practical and cost-effective workflow for incremental retrieval model selection in deployed systems.
We evaluate embedding retrieval where surface form and meaning are pulled apart on purpose: retrieving items that share underlying structure but not wording, in two unrelated domains under one protocol, competition mathematics (MathNet-Retrieve; 500 queries, 117,088-item corpus) and embodied-agent trajectories (ALFWorld-derived; 118 queries, 336 trajectories). In mathematics the failure is complete: strict Hit@1 at the heaviest disguise tier is 0.0% for both production embedders (bootstrap 95% CI [0.0, 0.0]) while the correct item sits in the top 10 nearly always, and in 95.2 to 99.8% of misses the winner is more lexically similar to the query than the correct answer. In trajectories, where surface variation is incidental, the same models land at or near hypergeometric chance when gold must involve a different object, and below chance for all three embedders once gold must differ in object and receptacle: retrieval anchors on literal tokens, not task structure. A lexical reranker control hurts in mathematics and helps in trajectories (closing 26 to 36% of the gap, CIs excluding zero); its sign reveals whether a benchmark's surface variation is adversarial or incidental. An LLM reranker recovers 5 to 63% of the gap in mathematics and 43 to 76% in trajectories; direction replicates across three judges (all 21 cells positive), but effect sizes, tier profiles, and the outlier judge change with domain (paired differences excluding zero everywhere). Mathematics gains concentrate on well-known competitions (+19.8 points, CI [+6.7, +33.2], one of six cells), so part of the recovery is memorization. In a paired downstream experiment (210 queries, graders at 96 to 99% agreement), oracle retrieval was indistinguishable from adversarially bad retrieval (McNemar p = 0.678); the solver's 69.5% zero-shot accuracy is largely a truncation proxy (97 to 100% on finished answers), leaving no headroom.
Retrieval evaluation for retrieval-augmented generation (RAG) is increasingly designed around whether retrieved passages contain evidence that can support generation, rather than topical relevance alone. We study whether this closer alignment with downstream evidence needs also makes retrieval evaluation more useful for the decisions built from it. Across five retrieval benchmarks and an end-to-end TREC RAG 2025 setting, we examine an answer-support signal in four roles: comparing retrievers, guiding retrieval training and system selection, predicting downstream answer quality, and filtering the evidence supplied to a generator. The signal changes retrieval rankings, but its downstream value is not uniform. It does not reliably improve retriever training; the benefit of using it for system selection depends on how the generator is instructed to use the retrieved evidence; and retrieval scores based on it do not robustly predict answer quality on unseen topics. In a direct evidence intervention, human annotators confirm that filtering preferentially preserves passages containing useful answer evidence, yet different answer evaluators reach different conclusions about whether the resulting answers improve. These results show that making retrieval evaluation more closely reflect the evidence needed for generation does not by itself make every downstream use of that evaluation more reliable. RAG evaluation methods should therefore be assessed with respect to the particular comparisons, decisions, and conclusions they are intended to support.
LLM-generated search queries are widely used to augment IR evaluation, yet they may contain concepts that presuppose answer-side document knowledge, violating the information-access boundary of pre-search users. Existing validation metrics, including overlap, diversity, and effectiveness, cannot distinguish rare human-tail variation from candidate answer-side intrusion. We introduce concept provenance, a framework that assigns query concepts to backstory-supported, human-central, human-tail, and candidate answer-side zones, operationalizing a boundary that retrieval metrics alone cannot detect. Applying concept provenance to 77,004 queries across 100 UQV100 topics, 8 LLMs, and 5 prompt conditions with two extraction pipelines, we obtain a cross-pipeline token-HCIR Spearman rho of 1.0 over five condition means. Candidate answer-side concepts constitute 7.40 percent of non-generic concepts and appear in 97 of 100 topics, with topic explaining approximately 67 percent of variance. Human validation yields 68.2 percent relaxed precision, revealing two mechanisms: knowledge intrusion at 45.5 percent and deployment intrusion at 45.0 percent. Diagnostic probes show disproportionate localized retrieval effects, with deletion effect size d = -0.47 compared with d = -0.34 for random deletion, but these concepts explain less than 2 percent of aggregate evaluation variance. Concept provenance therefore serves as a boundary-compliance diagnostic rather than an evaluation-shift predictor. Under the tested conditions, no prompt condition eliminates intrusion; post-generation concept-provenance selection achieves 99 percent elimination.
Enterprise adoption of large language models in finance is constrained less by fluency than by trust: in Financial Planning and Analysis (FP&A) and other regulated workflows, an answer is usable only if it is traceable to authoritative sources and auditable after the fact. This paper argues that retrieval-augmented generation for enterprise finance should be evaluated on auditability alongside accuracy, and presents the Knowledge-Driven Analytics Framework (KDAF), which builds ontology-driven knowledge systems through six iterative stages and retrieves evidence via Context-Aware Relevance Propagation (CARP), so that every retrieved fact carries its relationship type, confidence, and source lineage. An evaluation on FinanceBench (145 questions) compares KDAF against zero-context inference, BM25, concept-weighted lexical retrieval, and ungrounded graph traversal. First, retrieval is necessary: zero-context inference reaches 4.1% correctness against 10-12% for retrieval-augmented conditions. Second, on answer correctness the retrieval conditions are statistically indistinguishable (KDAF vs BM25: -0.007, 95% CI [-0.021, 0.000]), so accuracy alone does not justify structured retrieval here -- a negative result we report explicitly. Third, on auditability the ordering reverses: KDAF attains the highest citation traceability F1 (0.515), exceeding ungrounded traversal by +0.027 (CI [0.006, 0.050]) and BM25 by +0.052 (CI [0.024, 0.083]), intervals excluding zero. Graph-structured retrieval also admits no evidence from outside the question subject entity (0 of 426 items, against 16.8% and 20.2% for lexical baselines), and every selected item resolves to a complete provenance chain. We argue that auditability, not accuracy, is the axis on which ontology-grounded retrieval earns its cost.
Agents backed by large skill libraries must decide which skills to load and in what order. Loading the entire library into context is expensive and provides no structure for autonomous sequencing. We study two systems for this problem over a corpus of 690 skills: a hybrid ranker combining lexical and dense-embedding retrieval for sparse, on-demand loading, and a typed knowledge graph encoding workflow relations such as prerequisites, data flow, and ordering. On a set of 117 realistic, non-echoing queries, the hybrid ranker retrieves the correct skill within the top five in 73.5% +/- 8.0 of cases, leaving roughly a quarter of queries unserved. When used as the design intended (substituting graph neighbours for additional ranked results at matched token budget), the graph is significantly worse (-11.2 points, p = 0.0007). Its LLM-generated edge layer adds nothing over neighbours obtained free from a local embedding pass, and 73% of the queries the ranker misses are not reachable through the graph at all. We attribute this to a pre-filter topology bound. Because the graph's candidate edges are drawn from the same embedding neighbourhood the ranker already searches, 98.6% of typed edges connect skills the ranker had already surfaced together. The graph can enrich relation semantics but cannot extend retrieval reach. We further show that evaluating on author-written queries overstates hit@5 by up to 44 points, which would have hidden these results entirely. Our contribution is a mechanistic account of why added structure does not improve retrieval over a strong ranker, and identify the conditions under which adding structural interdependence into the retrieval is optimal.
Retrieval systems are trained and evaluated on a static idea of usefulness: hand a document and a question to a reader model, see whether the answer improves, and score the document accordingly. The idea holds up when a document is read on its own. It breaks when a language model works as a search agent, issuing several queries and reasoning across turns, because a document can matter for what it lets the agent do next rather than for what it says about the current question. We measure that gap rather than argue it. Using a ReAct style agent over HotpotQA, we replay 1000 development questions and, for every document the agent read, delete it and re-run the rest of the trajectory from that point. Comparing the original run against its counterfactual gives a Counterfactual Trajectory Utility (CTU) score from three deltas: final answer quality, next query retrieval quality, and turn count. Crossing CTU against Static RAG Utility (SRU) over 23,322 document observations, the two are close to statistically independent (Spearman rho = -0.026). Roughly a third of the documents the agent reads are causally load bearing while looking useless to a static reader; we call these bridge documents. The pattern survives when the reader based axis is swapped for a BM25 and cross encoder proxy, giving a bridge cell of 27.2% on an evenly spread axis. A second experiment pins down the mechanism. Using the Observable Entity Relevance (OER) measure from prior work, entities that discriminate relevant from non-relevant candidates appear in the agent's next query 4.02 times more often than entities found only in non-relevant documents (6.1% vs 1.5%, n = 227,139). A bridge document earns its keep by handing the agent a discriminative entity that redirects the search. Static relevance and causal usefulness are different quantities in agentic retrieval, and optimizing the first does not deliver the second.
Charles Moslonka, Amaury de Vitry, Arthur Garnier +2cs.CL
Finance reporting is a natural proving ground for large language models, and the very-long-context capabilities of recent models across all sizes make rigorous evaluation in this domain an increasingly pressing need. Yet most public financial resources reduce the task to plain-text SEC 10-K filings paired with a handful of question-answer items. We release LEDGER (Long-context Evaluation of Documents for Grounded Extraction and Retrieval), a corpus of 4,999 digitized corporate annual reports - full documents with figures, tables, and narrative, not just regulatory filings. Each report is labeled with 31 consolidated financial KPIs to be extracted and linked to the market's reaction at the earnings date. From this data we derive three evaluation benchmarks spanning the difficulty spectrum: a pure page-level KPI retrieval task with TREC-style relevance judgments over 118,048 questions in natural language, a conversational "needle-in-a-haystack" single-value lookup, and a full KPI extraction task, both from long, numerically dense reports. We additionally provide human OCR-quality annotations with inter-annotator agreement and the complete extraction, validation, and scoring toolchain. We further demonstrate the dataset's research utility with a case study linking CEO-letter rhetoric to post-publication market impact.