Money Purchase · DOL Form 5500 · 2023

Nfc Holdings Inc Money Purchase Plan

Data updated 2026-08-11

$9M
Total assets
9
Participants
57th
Percentile by assets
$1.0M
Avg per participant
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Official DOL plan name: Northeast Financial Consultants Inc · Sponsored by Nfc Holdings Inc · Connecticut · Finance & Insurance

$9M in assets, 9 participants

Nfc Holdings Inc's Northeast Financial Consultants Inc reported $9M in total assets and 9 participants in its 2023 DOL Form 5500 filing, ranking in the 57th 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.

  • 57th percentile by assets (of 127,072 plans)
  • #3,679 in Finance & Insurance (8,869 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 $9M / 9 participants.

$9M
total plan assets (2023 EOY)
9
covered participants
57th
percentile by assets (of 127,072 plans)
$1.0M
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Northeast Financial Consultants Inc reported net income rose from -$3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Northeast Financial Consultants Inc end-of-year assets rose from $7M in the plan year 2022 filing to $9M in the plan year 2023 filing.

See the national 2022→2023 release diff →

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 (2023)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$9M
Net Income$2M
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

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 …New England Electric…Equinor US Holdings …Southern Ct IBEW Ann…Money Purchase Retir…IBEW Local No. 223 D…
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 2023?
Northeast Financial Consultants Inc grew sharply - up 27.9% during 2023, from $7M to $9M. Reported net income was $2M.
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 The Guidance Center Money Purchase Plan in PA ($9M, 156 participants).

Next read for Northeast Financial Consultants Inc

Multi-year trail

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