Filings through .
The Benefit Practice
Matched across 3 name variants in the filings
The Benefit Practice summary
The Benefit Practice appears on 92 retirement plans in Form 5500 Schedule C filings through plan year 2024. Those plans hold $3.3B in assets for 50,391 participants. The median client plan holds $16.4M. Most client plans are sponsored in NY, FL and TX. The largest clients by plan assets are Mercedes-Benz USA, LLC, Ent and Allergy Associates, LLP and 1-800-Flowers Team Services, Inc.. Plans reported $1.7M in direct and indirect compensation paid to The Benefit Practice. The median is $17K per plan.
- Participants
- 50,391
- Median plan assets
- $16.4M
- Median plan participants
- 294
- Median fees per plan
- $17K
- Schedule C direct + indirect
Top 25 client plans by assets
Latest Form 5500 filing per plan through 2024
| Sponsor | State | Assets | Participants |
|---|---|---|---|
| Mercedes-Benz USA, LLC | GA | $419M | 2,614 |
| Ent and Allergy Associates, LLP | NY | $292M | 1,159 |
| 1-800-Flowers Team Services, Inc. | NY | $247M | 4,698 |
| Ihi Americas Inc. | NY | $182M | 1,080 |
| Nexxen Inc. | NY | $118M | 1,245 |
| Community Counselling Service Co., LLC | NY | $102M | 841 |
| Nexxen Inc. | NY | $99.5M | 1,407 |
| New Mountain Capital, LLC | NY | $90.3M | 402 |
| Frontline Insurance Managers, Inc. | FL | $88.8M | 691 |
| Main Street Radiology at Bayside, LLC | NY | $86.0M | 616 |
| Weiss Asset Management LP | MA | $84.7M | 213 |
| 24 Seven, LLC | NY | $80.7M | 3,551 |
| Apax Partners US, LLC | NY | $68.8M | 244 |
| J. Goldman & Co., L.P. | NY | $65.0M | 150 |
| Traxys North America LLC | NY | $58.9M | 178 |
| Kanadevia Group | TX | $57.1M | 253 |
| Dermcare Management, LLC | FL | $45.6M | 1,474 |
| Nomura Research Institute Holdings America, Inc. | NY | $44.4M | 320 |
| Aki, Inc. D/B/a Arcade Beauty | NJ | $43.8M | 425 |
| Coatue Management, LLC | NY | $40.6M | 323 |
| Eos Investors LLC | NY | $38.3M | 3,338 |
| Professional Group Plans, Inc. | NY | $38.0M | 150 |
| Oml Inc. | NY | $34.4M | 541 |
| Mario Badescu Skin Care, Inc. | NJ | $30.2M | 287 |
| Baha Industries Corp. D/B/a Open Systems Technologies | NY | $29.9M | 472 |
- GAParticipants 2,614
- NYParticipants 1,159
- NYParticipants 4,698
- Ihi Americas Inc.$182MNYParticipants 1,080
- Nexxen Inc.$118MNYParticipants 1,245
- NYParticipants 841
- Nexxen Inc.$99.5MNYParticipants 1,407
- NYParticipants 402
- FLParticipants 691
- NYParticipants 616
- MAParticipants 213
- 24 Seven, LLC$80.7MNYParticipants 3,551
- Apax Partners US, LLC$68.8MNYParticipants 244
- J. Goldman & Co., L.P.$65.0MNYParticipants 150
- Traxys North America LLC$58.9MNYParticipants 178
- Kanadevia Group$57.1MTXParticipants 253
- Dermcare Management, LLC$45.6MFLParticipants 1,474
- NYParticipants 320
- NJParticipants 425
- Coatue Management, LLC$40.6MNYParticipants 323
- Eos Investors LLC$38.3MNYParticipants 3,338
- NYParticipants 150
- Oml Inc.$34.4MNYParticipants 541
- NJParticipants 287
- NYParticipants 472
Top client states
- NY55 plans
- FL11 plans
- TX5 plans
- CT4 plans
- NJ4 plans
Frequently asked questions
- Who uses The Benefit Practice?
- 92 retirement plans list The Benefit Practice as a service provider on Schedule C of Form 5500. The largest clients by plan assets include Mercedes-Benz USA, LLC, Ent and Allergy Associates, LLP, 1-800-Flowers Team Services, Inc., Ihi Americas Inc. and Nexxen Inc.. Most client plans are sponsored in NY, FL and TX.
- How many plans does The Benefit Practice serve?
- The Benefit Practice serves 92 retirement plans with $3.3B in plan assets and 50,391 participants, based on the latest Form 5500 filings through 2024.
- What does The Benefit Practice charge?
- Plans reported $1.7M in total Schedule C compensation paid to The Benefit Practice. The median plan paid $17K. 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 The Benefit Practice as recordkeeper and list their funds in their filing.
Top managers in these lineups
| Manager | Plans |
|---|---|
| Vanguard | 4 |
| Capital Group | 3 |
| Invesco | 3 |
| Fidelity (FMR) | 2 |
| BlackRock | 2 |
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.