Providers › Investment advisory and management
Service provider · Schedule C, plan year 2024
Next Financial Group Inc.
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, 27 retirement plans with 100 or more participants reported paying Next Financial Group Inc. $5,000 or more. Those plans cover 18,299 participant records, and the service most often reported is investment advisory and management.
Reported compensation from those plans, direct and indirect, totalled $866K. Per plan, the median was $68.60 per participant, with the middle half of plans between $26.57 and $104. 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 (10), Massachusetts (3) and Texas (3).
In 2009 it appeared on 6 such filings; in 2024, 28. 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 | $26.57 | $68.60 | $104 |
| Compensation as a share of plan net assets | 0.10% | 0.19% | 0.23% |
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 |
|---|---|---|---|---|---|
| Daseke, Inc. 401(k) Retirement Plan | Daseke Companies, Inc. | TX | 5,555 | $115M | $114K |
| Hagerty Insurance Agency, LLC Employee' 401(k) Plan | Hagerty Insurance Agency, LLC | MI | 2,038 | $163M | $40K |
| Flexcare LLC 401(k) Plan | Flexcare LLC DBA Flexcare Medical Staffing | CA | 1,990 | $17.7M | $9,182 |
| The Matcor - Matsu Retirement Savings Plan | Matcor Automotive (Michigan), Inc. | MI | 1,433 | $41.4M | $47K |
| Berry Contracting, Inc. Employee Profit Sharing Plan & Trust | Berry GP, Inc. D/b/a/ Berry Contracting, Inc. | TX | 822 | $47.6M | $111K |
| Structural Concepts Corporation 401(k) Retirement Savings Plan | Structural Concepts Corporation | MI | 574 | $36.1M | $47K |
| Plascore, Inc. Retirement Savings Plan | Plascore, Inc. | MI | 526 | $37.5M | $48K |
| Consumers Credit Union 401(k) Savings Plan | Consumers Credit Union | MI | 497 | $50.0M | $59K |
| Hiossen, Inc. Retirement Plan | Hiossen, Inc. | PA | 423 | $10.2M | $23K |
| GCPS Inc. 401(k) Profit Sharing Plan & Trust | GCPS Inc. | TX | 390 | $1.5M | $5,749 |
| SPS New England, Inc. Profit Sharing/retirement Plan | SPS New England, Inc. | MA | 384 | $42.2M | $17K |
| Sheet Metal Workers Local NO.83 Annuity Fund | Sheet Metal Workers Local No 83 Annuity | NY | 352 | $43.8M | $65K |
| Donelan's Savings & Investment Plan | Donelan's Supermarkets, Inc. | MA | 315 | $8.2M | $17K |
| Boston Pie, Inc. 401(k) Plan | Boston Pie, Inc. | MA | 298 | $2.0M | $4,716 |
| Hudsonville Creamery and Ice Cream Company, LLC Retirement Savings Plan | Hudsonville Creamery and Ice Cream Company, LLC | MI | 294 | $15.7M | $34K |
| Matick Automotive 401(k) Plan | George Matick Chevrolet, Inc. | MI | 278 | $14.3M | $10K |
| Halo 401(k) Profit Sharing Plan & Trust | Health and Life Organization Inc. | CA | 254 | $7.0M | $19K |
| Walters Gardens, Inc. 401(k) Profit Sharing Plan | Walters Gardens, Inc. | MI | 231 | $20.6M | $2,969 |
| Allegiance Fundraising LLC 401(k) Retirement Savings Plan | Allegiance Fundraising LLC | ND | 229 | $22.3M | $43K |
| Lynch Management Company 401(k) Plan | Lynch Management Company | FL | 220 | $17.7M | $17K |
| Apollo Professional Solutions, Inc. 401(k) Plan | Apollo Professional Solutions, Inc. | NH | 214 | $3.7M | $8,211 |
| Forest Health Services, LLC Retirement Savings Plan | Forest Health Services, LLC | MI | 188 | $14.6M | $1,156 |
| Guide Engineering 401(k) Plan | Novamatiq Inc. | IN | 183 | $6.7M | $16K |
| Clark & Washington, PC 401(k) Profit Sharing Plan & Trust | Clark & Washington, PC | GA | 177 | $3.0M | $12K |
| Prince Group 401(k) Plan | Prince Group, Inc. | NC | 175 | $8.1M | $16K |
| MSSC 401(k) Plan | MSSC, Inc. | MI | 131 | $20.0M | $45K |
| Grannas Brothers Retirement Plan | Grannas Brothers | PA | 128 | $14.8M | $34K |
Questions and answers
How many plans does Next Financial Group Inc. serve?
27 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 Next Financial Group Inc.?
The median plan reported $68.60 per participant in direct and indirect compensation (27 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) (12 plans), Other services (5 plans), Investment advisory (participants) (1 plans) and Consulting (general) (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.