Providers › Investment advisory and management
Service provider · Schedule C, plan year 2024
Prospera Financial Services
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.
Prospera Financial Services is named as a service provider on the Schedule C of 33 retirement plans with 100 or more participants for plan year 2024, covering 14,047 participant records. Most often it is reported for investment advisory and management.
Reported compensation from those plans, direct and indirect, totalled $946K. Per plan, the median was $69.24 per participant, with the middle half of plans between $41.84 and $105. 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 Texas (14), Illinois (9) and Louisiana (4).
In 2009 it appeared on 19 such filings; in 2024, 33. 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 | $41.84 | $69.24 | $105 |
| Compensation as a share of plan net assets | 0.09% | 0.20% | 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 |
|---|---|---|---|---|---|
| Stream Realty Partners 401(k) Savings Plan | Stream Realty Partners | TX | 1,738 | $97.1M | $40K |
| Conn-Selmer 401(k) & Profit Sharing Plan | Conn-Selmer, Inc. | IN | 1,044 | $43.3M | $42K |
| 4FRONT Engineered Solutions 401(k) Plan | 4FRONT Engineered Solutions, Inc. | TX | 809 | $42.5M | $45K |
| Discovery Schools 401(k) Plan | Discovery Health Sciences Foundation, Inc. | LA | 629 | $13.3M | $58K |
| First Co. 401(k) Retirement Plan | First Co. | TX | 599 | $25.8M | $18K |
| Baxter & Woodman 401(k) Retirement Savings Plan | Baxter & Woodman, Inc. | IL | 592 | $89.2M | $45K |
| Southwest Transplant Alliance 403(b) Plan | Southwest Transplant Alliance | TX | 556 | $11.7M | $27K |
| Cinergy Entertainment Group 401(k) Plan | Cinergy Entertainment Group, Inc. | TX | 530 | $4.7M | $6,325 |
| Door Systems 401(k) Plan | Door Systems Assa Abloy US, Inc. | IL | 528 | $22.2M | $53K |
| Ampirical Solutions 401(k) Plan | Ampirical Solutions, LLC | LA | 498 | $30.2M | $58K |
| Southwest Transplant Alliance 401(a) Retirement Plan | Southwest Transplant Alliance | TX | 496 | $16.8M | $34K |
| Kaspar Companies & Affiliates 401(k) Savings Plan | Kaspar Wire Works, Inc. | TX | 480 | $12.5M | $26K |
| The Orsini Group 401(k) | Orsini Pharmaceutical Services, LLC | IL | 433 | $7.6M | $17K |
| Avala 401(k) Plan | Fairway Medical Center, LLC DBA Avala | LA | 425 | $14.0M | $20K |
| The Expo Group, LLC Employer 401(k) Plan | The Expo Group, LLC | TX | 382 | $12.5M | $27K |
| Phoenix Closures West 401(k) Plan | Phoenix Closures, Inc. | IL | 343 | $11.2M | $6,952 |
| K Post Company 401(k) | K Post Company | TX | 343 | $9.0M | $25K |
| One Home Health 401(k) Plan | One Home Health Agency | IL | 327 | $2.8M | $11K |
| Banner 401(k) Plan | Banner of N.O., L.L.C. | LA | 314 | $14.0M | $25K |
| Employee Resource Administration L.P. 401(k) Plan | Employee Resource Administration L.P. | TX | 289 | $23.1M | $54K |
| R&L Spring Company 401(k) Plan | R&L Spring Company | WI | 275 | $25.7M | $20K |
| Roland Foods, LLC Retirement Benefit Plan | Roland Foods, LLC | NY | 263 | $16.8M | $12K |
| Swiss-American Cdmo 401(k) Savings Plan | Swiss-American Cdmo, LLC | TX | 261 | $7.2M | $16K |
| Tigua, Inc. 401(k) Retirement Savings Plan | Tigua, Inc. | TX | 246 | $1.6M | $3,646 |
| MBL (USA) Corporation 401(k) Savings Plan | MBL (USA) Corporation | IL | 234 | $23.2M | $32K |
| United Chemi-Con, Inc. 401(k) Plan & Trust | United Chemi-Con, Inc. | IL | 229 | $21.6M | $43K |
| Phoenix Closures, Inc. 401(k) Salary Deferral Profit Sharing Plan and Trust | Phoenix Closures, Inc. | IL | 215 | $49.1M | $37K |
| Woolf Holdings, LLC Profit Sharing and Savings Plan | Woolf Holdings, LLC | IL | 200 | $10.8M | $51K |
| Primary Care Solutions 401(k) Plan | Primary Care Solutions, Inc. | TX | 196 | $3.6M | $8,330 |
| Enterprise Financial Group, Inc. 401(k) Savings Plan | Enterprise Financial Group, Inc. | TX | 163 | $14.3M | $34K |
| Personal Care Inc. 401(k) Plan | Personal Care, Inc. | GA | 163 | $1.1M | $0 |
| Detroit Regional Chamber Employees Savings & Retirement Plan | Detroit Regional Chamber | MI | 131 | $22.6M | $41K |
| Gitsit Solutions, LLC 401(k) Plan | Gitsit Solutions, LLC | CA | 116 | $10.9M | $8,766 |
Questions and answers
How many plans does Prospera Financial Services serve?
33 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 Prospera Financial Services?
The median plan reported $69.24 per participant in direct and indirect compensation (32 plans reporting an amount), or 0.20% 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) (25 plans), Other services (2 plans), Recordkeeping and information management (1 plans) and Consulting (pension) (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.