401(k) · DOL Form 5500 · 2022
Commonwealth Financial Network 401(k) Plan
Data updated 2026-08-11
- $145M
- Total assets
- 1,004
- Participants
- 94th
- Percentile by assets
- $144,755
- Avg per participant
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.
- 94th percentile by assets (of 139,126 plans)
- #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.
- $145M
- total plan assets (2022 EOY)
- 1,004
- covered participants
- 94th
- percentile by assets (of 139,126 plans)
- $144,755
- avg assets per participant
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 vs the 2022 asset distribution
By assets, Commonwealth Financial Network 401(k) P/S Plan outranks 94% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.5x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $163M |
|---|---|
| Net Assets (End of Year) | $145M |
| Net Income | -$18M |
| Employer EIN | 042675571 |
| Plan Effective Date | 1996-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Commonwealth Financial Network)
| 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
- Fidelity Retirement Savings Plan $23.0B · 52,036
- Liberty Mutual 401(k) Plan $8.8B · 32,843
- Massachusetts Institute of Technology Supplemental 401(k) Plan $5.8B · 13,690
- Philips North America 401(k) Plan $5.2B · 19,750
- Boston Scientific Corporation 401(k) Retirement Savings Plan $4.9B · 18,359
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Commonwealth Financial Network 401(k) P/S Plan by total assets, not by location.
- Epcf 401(k) Profit Sharing Plan (FL) $145M · 272
- Acer America Corporation 401(k) Plan (CA) $145M · 378
- Applied Medical Resources Corporation 401(k) Plan (CA) $145M · 3,315
- Camden Development, Inc. 401(k) Plan and Trust (TX) $145M · 1,433
Frequently Asked Questions
How did Commonwealth Financial Network 401(k) P/S Plan assets move in 2022? ▼
How have Commonwealth Financial Network plan assets changed over time? ▼
Where does Commonwealth Financial Network 401(k) P/S Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Commonwealth Financial Network 401(k) P/S Plan? ▼
Next read for Commonwealth Financial Network 401(k) P/…
Scale reading
Ways to act on Commonwealth Financial Network 401(k) P/S Plan's numbers.
- By total assets, Commonwealth Financial Network 401(k) P/S Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
- Commonwealth Financial Network's sponsor-wide assets have grown 63.9% since 2022 across 3 plan years on file. More Finance & Insurance plans