Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Commonwealth Financial Network 401(K) P/S Plan is a benefit plan reported by Commonwealth Financial Network under EIN 04-2675571 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,360 participants and $195,626,020 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $195,626,020
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $195,626,020
- Net assets (BOY)
- $145,333,868
Income & contributions
- Employer contributions
- $5,756,481
- Participant contributions
- $14,302,856
- Total contributions
- $25,689,095
- Total income / additions
- $57,981,744
Expenses & distributions
- Benefits paid
- $8,853,366
- Administrative expenses
- $3,262
- Total expenses
- $8,875,402
- Net increase / (decrease)
- $49,106,342