401(k) · DOL Form 5500 · 2022

Commonwealth Financial Network 401(k) Plan

Data updated 2026-08-25

$145M
Total assets Near avg plan size
1,004
Participants Near avg headcount
94th
Percentile by assets National rank
$144,755
Avg per participant Above avg balance/head
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Official DOL plan name: Commonwealth Financial Network 401(k) P/S Plan · Sponsored by Commonwealth Financial Network · Massachusetts · Finance & Insurance

$145M in assets, 1,004 participants

Commonwealth Financial Network's Commonwealth Financial Network 401(k) P/S Plan reported $145M in total assets and 1,004 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • #8,414 in Finance & Insurance (9,261 peers)

Where Commonwealth Financial Network 401(k) P/S Plan sits by assets

Commonwealth Financial Network 401(k) P/S Plan sits in the top 10% of all filed plans by assets, $145M for 1,004 participants (~$144,755/participant), down 11.1% in 2022.

#8,414
in Finance & Insurance (9,261 peers)
-11.1%
assets change YoY
1.5×
vs typical plan assets (national mean)

The plan reported a net loss of $18M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Commonwealth Financial Network 401(k) P/S Plan's outsized position by total assets

Commonwealth Financial Network 401(k) P/S Plan vs every filed plan by assets

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

$145,333,868 Top 6% higher than 94% of 139,123 filed plans

This plan $0 $2,050,000,000 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

Commonwealth Financial Network 401(k) P/S Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Commonwealth Financial Network 401(k) P/S Plan lands in the large band (1,004 participants).

Plan-year Form 5500 strip

Filing strip 042675571 · Commonwealth Financial Network PY 2022 · 401(k)

Commonwealth Financial Network 401(k) P/S Plan · $145M · 1,004 · 94th

  • IND $145M
  • IND 1,004
  • IND 94th
  • IND 401(k)
  • IND near Epcf 401(k) Profit Sharing Plan
  • IND ind #8414

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Massachusetts →

Commonwealth Financial Network 401(k) P/S Plan in the asset neighbourhood

Camden Development, Inc. 401(k) Plan and TrustCamden Development, Inc. 401…$145MAcer America Corporation 401(k) PlanAcer America Corporation 401…$145MEpcf 401(k) Profit Sharing PlanEpcf 401(k) Profit Sharing P…$145MCommonwealth Financial Network 401(k) P/S PlanCommonwealth Financial Netwo…$145MApplied Medical Resources Corporation 401(k) PlanApplied Medical Resources Co…$145M
End-of-year total assets ($M) among Commonwealth Financial Network 401(k) P/S Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$163M
Net Assets (End of Year)$145M
Net Income-$18M
Employer EIN042675571
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Commonwealth Financial Network)

Sponsor-wide plan assets over time

All Commonwealth Financial Network plans reported in each filing year

Latest sponsor-wide plan assets
$238M 63.93622923460621% vs 2022
2024 filing year
$100M$150M$200M$250M 202220232024 $145M $238M ▲ +63.9%
Year Plans Participants Total Assets
2022 1 1,004 $145M
2023 1 1,098 $196M
2024 1 1,207 $238M

Nearby 401(k) Plans in Massachusetts

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Commonwealth Financial Network 401(k) P/S Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants Commonwealth Financial Network 401(k) P/S Plan, Total assets ($B): 0.145333868 · Participants: 1004Commonwealth Financial Network 401(k) P/S PlanFidelity Retirement Savings Plan, Total assets ($B): 22.953563448 · Participants: 52036Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 8.79802945 · Participants: 32843Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 5.810585521 · Participants: 13690Massachusetts Institute of Technology Supplemental 401(k) PlanPhilips North America 401(k) Plan, Total assets ($B): 5.180251859 · Participants: 19750Philips North America 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 4.853752256 · Participants: 18359Boston Scientific Corporation 401(k) Retirement Savings Plan
Commonwealth Financial Network 401(k) P/S Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Commonwealth Financial Network 401(k) P/S Plan side-by-side with 3 peers →

Commonwealth Financial Network 401(k) P/S Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Epcf 401(k) Profit Sharing Plan in FL ($145M); by covered participants it is Rpcs, Inc. 401(k) Plan in MO (1,004 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($145M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,004 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Commonwealth Financial Network 401(k) P/S Plan assets move in 2022? ▼
Commonwealth Financial Network 401(k) P/S Plan pulled back noticeably - down 11.1% during 2022, from $163M to $145M. Reported net income was -$18M.
How have Commonwealth Financial Network plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Commonwealth Financial Network's sponsor-wide assets grew 63.9%, from $145M to $238M.
Where does Commonwealth Financial Network 401(k) P/S Plan rank by assets among Form 5500 filers? ▼
Commonwealth Financial Network 401(k) P/S Plan ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Commonwealth Financial Network 401(k) P/S Plan? ▼
Among 401(k) plans in other states, the closest by assets is Epcf 401(k) Profit Sharing Plan in FL ($145M, 272 participants).
Which 401(k) plans cover a similar participant headcount to Commonwealth Financial Network 401(k) P/S Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Rpcs, Inc. 401(k) Plan in MO (1,004 participants, $4M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 042675571.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.