Providers › Investment advisory and management
Service provider · Schedule C, plan year 2024
Commonwealth Financial Network
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.
Commonwealth Financial Network is named as a service provider on the Schedule C of 508 retirement plans with 100 or more participants for plan year 2024, covering 1,017,692 participant records. Most often it is reported for investment advisory and management.
Reported compensation from those plans, direct and indirect, totalled $18.3M. Per plan, the median was $92.13 per participant, with the middle half of plans between $49.07 and $151. 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 Massachusetts (63), New York (45) and Pennsylvania (40).
In 2009 it appeared on 41 such filings; in 2024, 510. 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 | $49.07 | $92.13 | $151 |
| Compensation as a share of plan net assets | 0.11% | 0.19% | 0.27% |
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 |
|---|---|---|---|---|---|
| Paychex Pooled Employer 401(k) Plan | Paychex Retirement LLC | NY | 661,036 | $1.77B | $46K |
| Emory University Retirement Plan | Emory University Division of Human Resources | GA | 40,652 | $5.54B | $6,117 |
| Yale University Retirement Account Plan | Yale University | CT | 25,753 | $8.34B | $27K |
| Mavis Tire Supply LLC 401(k) Plan | Mavis Tire Supply LLC | NY | 14,154 | $202M | $208K |
| Jack Henry & Associates, Inc. 401(k) Retirement Savings Plan | Jack Henry & Associates Inc. | TX | 8,680 | $1.36B | $74K |
| M. C. Dean, Inc. 401(k) Plan | M.C. Dean, Inc. | VA | 7,589 | $475M | $75K |
| Naphcare US Inc. 401(k) Plan | Naphcare U.S., Inc. | AL | 6,538 | $61.1M | $33K |
| Datadog 401(k) Plan | Datadog, Inc. | NY | 5,624 | $301M | $32K |
| CRST Expedited Inc. d/b/a CRST the Transportation Solution Inc. PS 401(k) Plan | CRST Expedited Inc. | IA | 4,764 | $101M | $127K |
| Motion Recruitment Partners, LLC 401(k) Plan | Motion Recruitment Partners, LLC | MA | 4,681 | $127M | $53K |
| Open PEP 2 | Plan Professionals LLC | NJ | 3,558 | $145M | $82K |
| Messiah University Defined Contribution Retirement Plan | Messiah University | PA | 2,941 | $176M | $33K |
| Topre America Corporation 401(k) Retirement Plan | Topre America Corporation | AL | 2,722 | $26.8M | $35K |
| Ugsoa Retirement Plan | Board of Trustees of the Ugsao Retirement Plan | MA | 2,682 | $29.5M | $26K |
| Farmers Pride Employee Profit Sharing and Savings Plan | Farmers Pride Inc. | PA | 2,675 | $35.9M | $66K |
| Nelson Mullins Retirement Plan | Nelson Mullins Riley & Scarborough LLP | SC | 2,635 | $679M | $24K |
| WPMG 401(k) Retirement Savings Plan | Washington Permanente Medical Group, P.C. | WA | 2,378 | $1.47B | $20K |
| Eliot Community Human Services, Inc. 401(k) Plan | Eliot Community Human Services, Inc. | MA | 2,215 | $41.0M | $44K |
| FHN Matching Tax Deferred Annuity Plan | Freeport Health Network | IL | 2,086 | $158M | $28K |
| Cozen Oconnor Profit Sharing Plan a | Cozen Oconnor | PA | 2,050 | $746M | $125K |
| Hypertherm Associate Stock Ownership Plan | Hypertherm, Inc. | NH | 1,991 | $872M | $17K |
| United Pension Plan | United Fire & Casualty Co. | IA | 1,987 | $241M | $52K |
| Hypertherm, Inc. Retirement Savings Plan | Hypertherm, Inc. | NH | 1,974 | $297M | $69K |
| Rent the Runway, Inc. | Rent the Runway, Inc. | NY | 1,967 | $34.8M | $56K |
| Triplepoint Acquisition Holdings LLC 401(k) Profit Sharing Plan | Triplepoint Acquisition Holdings LLC | OH | 1,946 | $84.8M | $50K |
| Pediatric Home Service Employees Savings Plan | Pediatric Home Respiratory Services, LLC d/b/a Pediatric Home Service | MN | 1,938 | $44.5M | $15K |
| Cooper Farms Retirement Plan | Cooper Hatchery, Inc. | OH | 1,894 | $130M | $150K |
| Ryan Companies US, Inc. Retirement Plan | Ryan Companies US, Inc. | MN | 1,876 | $324M | $85K |
| Hutchinson Regional Healthcare System Retirement | Hutchinson Regional Medical Center, Inc. | KS | 1,825 | $90.3M | $90K |
| Brillient Corporation 401(k) PSP | Brillient Corporation | VA | 1,774 | $21.8M | $0 |
| Spurwink Services 403(b) Plan | Spurwink Services, Inc. | ME | 1,715 | $34.8M | $47K |
| Amego, Inc. 403(b) Plan | Amego, Inc. | MA | 1,607 | $17.5M | $50K |
| Relation Insurance, Inc. Retirement Savings Plan | Relation Insurance, Inc. | KS | 1,554 | $115M | $44K |
| First Atlantic Corporation 401(k) Plan | First Atlantic Corporation | ME | 1,540 | $11.8M | $25K |
| Transport Equipment Company Employees Savings Plan | Transport Equipment Company | UT | 1,531 | $68.7M | $124K |
| Summit Healthcare Regional Medical Center Performance Based Flexible Contribution Retirement Plan | Summit Healthcare Regional Medical Center | AZ | 1,520 | $56.3M | $41K |
| Ithr 401(k) Plan | Intandem Human Resources, LLC | CO | 1,516 | $49.0M | $132K |
| Campers Inn, Inc. 401(k) Profit Sharing Plan and Trust | Campers Inn Holding Corporation | FL | 1,401 | $27.0M | $44K |
| Purcell Tire & Rubber Company 401(k) Plan | Purcell Tire & Rubber Company | MO | 1,358 | $65.2M | $83K |
| The United Methodist Homes of New Jersey 403(b) Savings and Retirement Plan | United Methodist Homes of New Jersey | NJ | 1,334 | $24.4M | $43K |
Questions and answers
How many plans does Commonwealth Financial Network serve?
508 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 Commonwealth Financial Network?
The median plan reported $92.13 per participant in direct and indirect compensation (491 plans reporting an amount), or 0.19% 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 advisory (plan) (371 plans), Investment advisory (participants) (70 plans), Other services (35 plans) and Trustee (bank, trust company, or similar financial institution) (33 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.