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Original filing (PDF)20251002174212NAL0000752945001
LPL FINANCIAL LLC
Form 5500
FILING_RECEIVED
LPL FINANCIAL LLC PROFIT SHARING 401(K) PLAN
401(k) retirement plan
Signals · 1
10 service providers
Active participants
8,946
Accounts w/ balance
10,593
Plan assets (EOY)
$939.6M
Net assets (EOY)
$939.6M
How this plan invests
This plan
21 pooled trusts
Schedule D
26 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
90
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
88
Participation health
100
Knocking points off
- 11 bps in Schedule C fees — 88% above peer band of 6 bps.
- Highly fragmented vendor stack (10 disclosed providers, 5 categories).
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for LPL FINANCIAL LLC.
Plan sponsor
Name
LPL FINANCIAL LLC
EIN
95-2834236
Address
4707 EXECUTIVE DR · SAN DIEGO, CA · 92121
Phone
(858) 779-5749
Industry
Finance & Insurancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
002
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-02
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2R · Participant-directed brokerage (SDBA)
2S · Automatic enrollment
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
LAVINE, LOFGREN, MORRIS & ENGEL
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
10 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | — | GREENWOOD VILLAGE, CO | RECORDKEEPER | $623K | — |
Advisor / Consultant
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MERCER (US) INC MERCER INVESTMENTS | — | CHICAGO, IL | INVESTMENT ADVISOR | $406K | — |
| MERCER (US) INC | — | CHICAGO, IL | INVESTMENT ADVISOR | $0 | — |
Broker
5| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER FINANCIAL SERVICES, INC. | — | GREENWOOD VILLAGE, CO | BROKERAGE | $2K | — |
| EMPOWER FINANCIAL SERVICES, INC. | — | GREENWOOD VILLAGE, CO | BROKERAGE | $800 | — |
| EMPOWER FINANCIAL SERVICES, INC. | — | GREENWOOD VILLAGE, CO | BROKERAGE | $20 | — |
| EMPOWER FINANCIAL SERVICES, INC. | — | GREENWOOD VILLAGE, CO | BROKERAGE | $0 | — |
| EMPOWER FINANCIAL SERVICES, INC. | — | GREENWOOD VILLAGE, CO | BROKERAGE | $0 | — |
Accountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| LAVINE LOFGREN MORRIS & ENGELBERG L | — | LA JOLLA, CA | AUDITOR | $29K | — |
Other
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| QDRO CONSULTANTS CO LLC | — | MEDINA, OH | OTHER | $300 | — |
Investments
6 direct securities · 21 pooled funds· $1.4B(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Common Collective Trust
$1.2B
21 holdings
Uncategorized
$127.0M
6 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| MERCERWISE 2065 TARGET RETIREMENT D MERCER TRUST COMPANY LLC · EIN 81-3546834 / PN 026 | Common Collective Trust | — | — | $411.0M | 43.7% | |
| STATE STREET SANDP 500 INDEX K STATE STREET GLOBAL ADVISORS COLLECTIVE TRUSTS · EIN 90-0337987 / PN 388 | Common Collective Trust | — | — | $129.1M | 13.7% | |
| MERCERWISE 2040 TARGET RETIREMENT D MERCER TRUST COMPANY LLC · EIN 81-3334212 / PN 020 | Common Collective Trust | — | — | $116.1M | 12.4% | |
| MERCERWISE 2045 TARGET RETIREMENT D MERCER TRUST COMPANY LLC · EIN 81-3355483 / PN 021 | Common Collective Trust | — | — | $101.6M | 10.8% | |
| MERCERWISE 2035 TARGET RETIREMENT D MERCER TRUST COMPANY LLC · EIN 81-3324865 / PN 019 | Common Collective Trust | — | — | $82.7M | 8.8% | |
| MERCERWISE 2050 TARGET RETIREMENT D MERCER TRUST COMPANY LLC · EIN 81-3367468 / PN 022 | Common Collective Trust | — | — | $74.3M | 7.9% | |
| Harbor Capital Appreciation Fund Mutual Fund | — | — | — | $63.4M | 6.7% | |
| MERCERWISE 2030 TARGET RETIREMENT D MERCER TRUST COMPANY LLC · EIN 81-3306633 / PN 018 | Common Collective Trust | — | — | $59.0M | 6.3% | |
| MERCERWISE 2060 TARGET RETIREMENT D MERCER TRUST COMPANY LLC · EIN 81-3248516 / PN 025 | Common Collective Trust | — | — | $45.2M | 4.8% | |
| MERCERWISE 2055 TARGET RETIREMENT D MERCER TRUST COMPANY LLC · EIN 81-3408562 / PN 024 | Common Collective Trust | — | — | $41.9M | 4.5% | |
| SSGA RUSSELL SMALL/MID CAP INDEX FU STATE STREET GLOBAL ADVISORS COLLECTIVE TRUSTS · EIN 90-0337987 / PN 461 | Common Collective Trust | — | — | $34.7M | 3.7% | |
| INVESCO STABLE VALUE TRUST CL B1 INVESCO FUNDS · EIN 84-1142974 / PN 001 | Common Collective Trust | — | — | $29.9M | 3.2% | |
| Dodge & Cox Stock X Mutual Fund | — | — | — | $27.6M | 2.9% | |
| MERCER SMALL MID/CAP STOCK FUND MERCER FUNDS · EIN 81-3183567 / PN 011 | Common Collective Trust | — | — | $20.7M | 2.2% | |
| MERCERWISE 2025 TARGET RETIREMENT D MERCER TRUST COMPANY LLC · EIN 81-3292317 / PN 017 | Common Collective Trust | — | — | $20.6M | 2.2% | |
| to 9.50%, maturity dates vary - 0 - | — | — | — | $13.1M | 1.4% | |
| MERCER INTERNATIONAL STOCK MERCER FUNDS · EIN 81-3158100 / PN 010 | Common Collective Trust | — | — | $12.5M | 1.3% | |
| SSGA GLOBAL ALL CAP EQUITY EX-US IN STATE STREET GLOBAL ADVISORS COLLECTIVE TRUSTS · EIN 90-0337987 / PN 456 | Common Collective Trust | — | — | $11.7M | 1.2% | |
| MERCER DIVERSIFIED BOND MERCER FUNDS · EIN 81-3188218 / PN 009 | Common Collective Trust | — | — | $11.2M | 1.2% | |
| LPL Target 2065 Portfolio Fund of Funds | — | — | — | $11.0M | 1.2% | |
| Empower SDB Self-directed brokerage accounts | — | — | — | $10.2M | 1.1% | |
| MERCERWISE TARGET DATE INCOME MERCER TRUST COMPANY LLC · EIN 81-3224417 / PN 013 | Common Collective Trust | — | — | $10.0M | 1.1% | |
| STATE STREET US BOND INDEX NON-LEND STATE STREET GLOBAL ADVISORS COLLECTIVE TRUSTS · EIN 90-0337987 / PN 462 | Common Collective Trust | — | — | $5.4M | 0.6% | |
| SSGA REAL ASSET NON LENDING FUND CL STATE STREET GLOBAL ADVISORS COLLECTIVE TRUSTS · EIN 90-0337987 / PN 280 | Common Collective Trust | — | — | $4.2M | 0.4% | |
| Empower SDB Roth Self-directed brokerage accounts | — | — | — | $1.7M | 0.2% | |
| MERCERWISE 2020 TARGET RETIREMENT D MERCER TRUST COMPANY LLC · EIN 81-3277570 / PN 016 | Common Collective Trust | — | — | $1.1M | 0.1% | |
| MERCERWISE 2015 TARGET RETIREMENT D MERCER TRUST COMPANY LLC · EIN 81-3269915 / PN 015 | Common Collective Trust | — | — | $813K | <0.1% |