Filings through .
Commonwealth Financial Network
Matched across 91 name variants in the filings
Commonwealth Financial Network summary
Commonwealth Financial Network appears on 564 retirement plans in Form 5500 Schedule C filings through plan year 2024. Those plans hold $53.9B in assets for 1,312,215 participants. The median client plan holds $17.1M. Most client plans are sponsored in MA, NY and PA. The largest clients by plan assets are The Cleveland Clinic Foundation, Yale University and Emory University Division of Human Resources. Plans reported $20.3M in direct and indirect compensation paid to Commonwealth Financial Network. The median is $29K per plan.
- Participants
- 1,312,215
- Median plan assets
- $17.1M
- Median plan participants
- 270
- Median fees per plan
- $29K
- Schedule C direct + indirect
Top 25 client plans by assets
Latest Form 5500 filing per plan through 2024
- OHParticipants 88,028
- Yale University$9.6BCTParticipants 26,186
- GAParticipants 35,634
- NYParticipants 759,234
- WAParticipants 2,252
- MOParticipants 8,527
- Cozen Oconnor$823MPAParticipants 2,074
- IAParticipants 48,687
- SCParticipants 2,808
- NJParticipants 15,119
- M.C. Dean, Inc.$596MVAParticipants 9,199
- MAParticipants 1,077
- Rackspace, US Inc.$439MTXParticipants 3,720
- Day Pitney LLP$413MNJParticipants 1,097
- NJParticipants 19,053
- MNParticipants 1,911
- Hypertherm, Inc.$324MNHParticipants 1,894
- Newport Group, Inc.$306MPAParticipants 15,010
- Babcock Power Inc.$256MMAParticipants 1,994
- IAParticipants 1,974
- NYParticipants 14,443
- Messiah University$185MPAParticipants 2,676
- NJParticipants 8,050
- ILParticipants 2,086
- MAParticipants 651
Top client states
- MA75 plans
- NY47 plans
- PA46 plans
- CA31 plans
- OH30 plans
Frequently asked questions
- Who uses Commonwealth Financial Network?
- 564 retirement plans list Commonwealth Financial Network as a service provider on Schedule C of Form 5500. The largest clients by plan assets include The Cleveland Clinic Foundation, Yale University, Emory University Division of Human Resources, Paychex Retirement LLC and Washington Permanente Medical Group, P.C.. Most client plans are sponsored in MA, NY and PA.
- How many plans does Commonwealth Financial Network serve?
- Commonwealth Financial Network serves 564 retirement plans with $53.9B in plan assets and 1,312,215 participants, based on the latest Form 5500 filings through 2024.
- What does Commonwealth Financial Network charge?
- Plans reported $20.3M in total Schedule C compensation paid to Commonwealth Financial Network. The median plan paid $29K. Fees vary with plan size and the services each plan buys.
Analytics
Market position · 2024
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- 5-year plans-served trajectory
- Customer-base shape
- Median fees per service
- Competitor overlap
- Plans won and lost
- Top plans by assets
Fund lineups on plans this firm keeps
Large plans that name Commonwealth Financial Network as recordkeeper and list their funds in their filing.
Top managers in these lineups
| Manager | Plans |
|---|---|
| Vanguard | 13 |
| Capital Group | 12 |
| Fidelity (FMR) | 9 |
| JPMorgan | 5 |
| Prudential (PGIM) | 5 |
Target-date series
Covers 71,410 large plans that list their funds in their annual filing. Updated Nov 6, 2026. Shares describe these plans, not the whole market.