Retirement plan

CONNECTICUT BUSINESS TECHNOLOGY GROUP, LLC 401(K) PROFIT SHARING PLAN

Name: CONNECTICUT BUSINESS TECHNOLOGY GROUP, LLC - CONNECTICUT BUSINESS TECHNOLOGY GROUP, LLC 401(K) PROFIT SHARING PLAN (2021) Form 5500
Creator: CONNECTICUT BUSINESS TECHNOLOGY GROUP, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CONNECTICUT BUSINESS TECHNOLOGY GROUP, LLC 401(K) PROFIT SHARING PLAN, CONNECTICUT BUSINESS TECHNOLOGY GROUP, LLC

CONNECTICUT BUSINESS TECHNOLOGY GROUP, LLCEIN 27-3554076Plan #001PY 2021

5 PROGRESS DRIVE, SUITE B - CROMWELL, CT 06416860-358-9460cbtechgroup.comLinkedIn1-10 employeesinformation technology and services

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$299K

+30.2% from 2020

Total participants

0.0% from 2020

Average account balance

$24,949

+30.2% from 2020

Annual return

15.70%

-12.10 pp from 2020

Benchmarks

See 126,102 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort126,102 peers

Snapshot2021

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$833K

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$44K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

237.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$111K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+19.78%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2J3B3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,949

$176,105-85.8%

$159,474-84.4%

$167,536-85.1%

Participation rate

100.0%

85.0%+15.0pp

82.8%+17.2pp

82.1%+17.9pp

Annual return

15.70%

331.91%-316.2pp

263.68%-248.0pp

478.82%-463.1pp

Employer contribution / active EE

$1,505

$5,299-71.6%

$4,831-68.8%

$4,839-68.9%

Participant deferral / active EE

$4,044

$7,751-47.8%

$7,353-45.0%

$6,342-36.2%

Admin fee / account holder

$12,559-100.0%

$10,802-100.0%

$12,315-100.0%

CONNECTICUT BUSINESS TECHNOLOGY GROUP, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

CONNECTICUT BUSINESS TECHNOLOGY GROUP, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion