Plan Ledger DOL Form 5500 · updated monthly

Career Team Enterprises, LLC401(k)

CAREER TEAM 401(K) PLAN · NORTH HAVEN, CT · plan year 2022

Employer contribution per participant · 2022
$547

Career Team Enterprises, LLC's 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $439,371 across 0 participant accounts, with employer contributions averaging $547 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Connecticut (1,077th of 1,106), and 11,447th of 11,654 in professional & technical services. In 2022, employees put in $1.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$439,371
Participants with balances0
Active participants147
Employer contributions$80,388
Employee contributions$142,279
Employer contribution per active participant$547
Average account balance—
Plan auditUnmodified (clean) audit opinion
AuditorSIMIONE MACCA & LARROW, LLP
The Career Team Enterprises, LLC 401(k) match · 2022
Employer contribution per active participant$547
Median for plans this size$331

Career Team Enterprises, LLC's 2022 employer contribution ran above the $331 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

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Source: U.S. Department of Labor, Form 5500 series, EIN 873881280 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.