Money Purchase · DOL Form 5500 · 2022

Nfc Holdings Inc Money Purchase Plan

Data updated 2026-08-11

$7M
Total assets
9
Participants
58th
Percentile by assets
$801,189
Avg per participant
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Official DOL plan name: Northeast Financial Consultants Inc · Sponsored by Nfc Holdings Inc · Connecticut · Finance & Insurance

$7M in assets, 9 participants

Nfc Holdings Inc's Northeast Financial Consultants Inc reported $7M in total assets and 9 participants in its 2022 DOL Form 5500 filing, ranking in the 58th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 58th percentile by assets (of 139,126 plans)
  • #3,857 in Finance & Insurance (9,261 peers)

Nfc Holdings Inc multi-year trail

Nfc Holdings Inc's plans moved +58.4% in assets from 2022 to 2024; this filing shows Northeast Financial Consultants Inc at $7M / 9 participants.

$7M
total plan assets (2022 EOY)
9
covered participants
58th
percentile by assets (of 139,126 plans)
$801,189
avg assets per participant

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Northeast Financial Consultants Inc sits by total assets

Northeast Financial Consultants Inc vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$7,210,700 Top 42% higher than 58% of 139,123 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Nfc Holdings Inc across 3 plan years on file

Across the 3 plan years Nfc Holdings Inc has on file (2022-2024), sponsor-wide plan assets have moved from $7M to $11M, a gain of 58.4%, while reported participants moved from 9 to 9 (+0.0%). Peak year by sponsor assets: 2024 ($11M); trough: 2022 ($7M).

Nfc Holdings Inc multi-year asset trail

$6M$8M$10M$12M 202220232024 $7.21M $11.4M ▲ +58.4%
Total plan assets by year, all Nfc Holdings Inc plans on file
Year Plans Participants Total Assets
2022 1 9 $7M
2023 1 9 $9M
2024 1 9 $11M

Nfc Holdings Inc filing trail (2022)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$7M
Net Income-$3M
Employer EIN364958064
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Nearby Money Purchase Plans in Connecticut

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Northeast Financial Consultants Inc vs. nearby Money Purchase plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -2000200400600800 Total assets ($M) Participants Northeast Financial …, Total assets ($M): 7.2107 · Participants: 9Northeast Financial …New England Electric…, Total assets ($M): 607.503917 · Participants: 7904New England Electric…Equinor US Holdings …, Total assets ($M): 142.016376 · Participants: 593Equinor US Holdings …Southern Ct IBEW Ann…, Total assets ($M): 70.657052 · Participants: 479Southern Ct IBEW Ann…Money Purchase Retir…, Total assets ($M): 32.418559 · Participants: 460Money Purchase Retir…Swisher Internationa…, Total assets ($M): 17.371482 · Participants: 462Swisher Internationa…
Northeast Financial Consultants Inc vs. nearby Money Purchase plans in Connecticut, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Northeast Financial Consultants Inc by total assets, not by location.

Frequently Asked Questions

How did Northeast Financial Consultants Inc assets move in 2022?
Northeast Financial Consultants Inc declined sharply - down 27.9% during 2022, from $10M to $7M. Reported net income was -$3M.
How have Nfc Holdings Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Nfc Holdings Inc's sponsor-wide assets grew 58.4%, from $7M to $11M.
Which Money Purchase plans are similar in size to Northeast Financial Consultants Inc?
Among Money Purchase plans in other states, the closest by assets is Greater South Florida Ironworkers Annuity Trust Fu in PA ($7M, 496 participants).

Next read for Northeast Financial Consultants Inc

Multi-year trail

Ways to act on Northeast Financial Consultants Inc's numbers.