Providers › Investment advisory and management
Service provider · Schedule C, plan year 2024
LPL Financial 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, 236 retirement plans with 100 or more participants reported paying LPL Financial LLC $5,000 or more. Those plans cover 322,946 participant records, and the service most often reported is investment advisory and management.
Reported compensation from those plans, direct and indirect, totalled $6.9M. Per plan, the median was $65.18 per participant, with the middle half of plans between $33.32 and $115. 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 California (28), New York (19) and Pennsylvania (16).
In 2009 it appeared on 239 such filings; in 2024, 238 (unchanged). 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 | $33.32 | $65.18 | $115 |
| Compensation as a share of plan net assets | 0.07% | 0.18% | 0.31% |
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 |
|---|---|---|---|---|---|
| Principal Ease 401(k) Plan | Principal Life Insurance Company | IA | 163,954 | $651M | $80K |
| The Savannah River Nuclear Solutions, LLC Defined Contribution Plan | Savannah River Nuclear Solutions, LLC | SC | 12,923 | $2.83B | $10K |
| Ascensus Secure Retirement Pooled Employer Plan | Newport Group, Inc. | CA | 12,631 | $206M | $159K |
| Club Retirement Plan | The Club Management Association of America | VA | 8,662 | $263M | $15K |
| Freedom Mortgage 401(k) Plan | Freedom Mortgage Corporation | NJ | 6,944 | $200M | $199K |
| Choice Pooled Employer Plan I | Administrative Group, LLC DBA Transamerica Fiduciary Services | TN | 5,853 | $47.0M | $445 |
| McCoy Group, Inc. 401(k) Profit Sharing Plan | McCoy Group, Inc. | IA | 4,747 | $267M | $18K |
| Fpi Management, Inc. 401(k) Plan | Fpi Management, Inc. | CA | 4,448 | $23.2M | $48K |
| Shoe Show Retirement Savings Plan | Shoe Show, Inc. | NC | 3,638 | $48.8M | $150K |
| Modern Technology Solutions, Inc. 401(k) Plan | Modern Technology Solutions Inc. | VA | 2,521 | $402M | $151K |
| Moog Inc. Employees' Retirement Plan | Moog Inc. | NY | 2,274 | $477M | $23K |
| Elite Casino Resorts 401(k) Plan | Elite Casino Resorts, LLC | IA | 2,199 | $25.4M | $13K |
| Oswego Health 403(b) Retirement Plan | Oswego Health | NY | 1,822 | $75.2M | $138K |
| Sierra Nevada Brewing 401(k) Plan | Sierra Nevada Brewing Co. | CA | 1,695 | $226M | $31K |
| Brad Hall Companies 401(k) Plan | Brad Hall & Associates, Inc. | ID | 1,641 | $31.2M | $55K |
| Brio Living Services 403(b) Plan | United Methodist Retirement Communities, Inc. | MI | 1,554 | $32.2M | $65K |
| California State University, Fresno Foundation 401(k) Plan | California State University, Fresno Foundation | CA | 1,550 | $18.8M | $43K |
| Jim Shorkey Family Auto Group 401(k) Plan | Shorkey Group Management, LLC | PA | 1,417 | $12.7M | $41K |
| Texas Petroleum Group, LLC 401(k) Plan | Texas Petroleum Group, LLC | TX | 1,321 | $9.3M | $15K |
| Marshall Retail Group 401(k) Retirement Plan | The Marshall Retail Group, LLC | NV | 1,243 | $10.8M | $46K |
| F & W Professional Services, LLC 401(k) Plan | Princeton Fitness & Wellness Center, LLC | NJ | 1,206 | $4.9M | $25K |
| Beasley Forest Products, Inc. 401(k) Profit Sharing Plan | Beasley Forest Products, Inc. | GA | 1,198 | $23.6M | $24K |
| The Riverwoods Group 403(b) Plan | The Riverwoods Group | NH | 1,167 | $22.9M | $78K |
| Beauty Educators 401(k) Plan | Eeg, Inc. | PA | 1,154 | $24.4M | $41K |
| B & G Food Enterprises, Inc. 401(k) Plan | B & G Food Enterprises of Texas, LLC | LA | 1,150 | $7.5M | $146 |
| Thrasher, Inc. 401(k) Profit Sharing Plan | Thrasher, Inc. | NE | 1,144 | $35.6M | $55K |
| Martin & Bayley, Inc. Employee Stock Ownership Plan and Trust | Martin & Bayley, Inc. | IL | 1,104 | $121M | $5,920 |
| The Association 401(k) Plan | Las Vegas Metro Chamber of Commerce | NV | 1,099 | $15.9M | $9,802 |
| Theisen's Associates 401(k) Plan | Theisen Supply, Inc. | IA | 1,076 | $17.9M | $5,370 |
| Lynn University Defined Contribution Retirement Plan | Lynn University, Inc. | FL | 1,055 | $88.4M | $20K |
| DBH 401(k) Plan | Diamond Baseball Holdings, LLC | NY | 1,026 | $15.4M | $39K |
| Rohrer Corporation Amended and Restated Profit Sharing Plan and Trust | Rohrer Corporation | OH | 945 | $75.4M | $73K |
| Spectrum Community Services 403(b) Plan | Spectrum Community Services | MI | 932 | $3.4M | $20K |
| Sharp Rees-Stealy Medical Group, Inc. Retirement Savings Plan | Sharp Rees-Stealy Medical Group, Inc. | CA | 917 | $246M | $35K |
| Capri Senior Communities Retirement Plan | Capri Communities LLC | WI | 911 | $9.1M | $20K |
| Your Part-Time Controller, LLC 401(k) Profit Sharing Plan | Your Part-Time Controller, LLC | PA | 859 | $53.5M | $63K |
| PTC Alliance LLC 401(k) Plan | PTC Alliance LLC | PA | 827 | $56.8M | $8,821 |
| Mastercontrol 401(k) Savings Plan | Mastercontrol Solutions, Inc. | UT | 815 | $63.7M | $62K |
| The Geneva Foundation 403(b) Plan | The Geneva Foundation | WA | 811 | $34.3M | $73K |
| Schmitty & Sons Holdings, Inc. 401(k) Plan | Schmitty & Sons Holdings, Inc. | MN | 810 | $13.2M | $42K |
Questions and answers
How many plans does LPL Financial LLC serve?
236 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 LPL Financial LLC?
The median plan reported $65.18 per participant in direct and indirect compensation (228 plans reporting an amount), or 0.18% 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 Other services (101 plans), Investment advisory (plan) (75 plans), Recordkeeping and information management (28 plans) and Investment management (27 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.