Plan Ledger DOL Form 5500 · updated monthly

Cbt/Childs Bertman Tseckares Inc.401(k)

CBT 401(K) AND PROFIT SHARING PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.27%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Cbt/Childs Bertman Tseckares Inc. reported $119,040 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $802 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.22% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 757th-largest of 2,726 plans among Massachusetts employers on file, and the 3,015th of 11,654 in professional & technical services. In 2024, employees put in $12.89 for every $1.00 the employer contributed; active participation has shrunk from 195 to 125 since 2022.

Plan summary
Net assets, end of year$44,679,772
Participants with balances296
Active participants125
Employer contributions$100,197
Employee contributions$1,291,978
Employer contribution per active participant$802
Average account balance$150,945
Benefits paid to participants$4,126,733
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$44.7M · 296 accts · $100K emplr
2023$42.0M · 323 accts · $500K emplr
2022$39.9M · 341 accts · $250K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,029
Investment management$64,011
Audit (IQPA)$23,000
Total administrative$119,040
The Cbt/Childs Bertman Tseckares Inc. 401(k) match · 2024
Employer contribution per active participant$802
Median for plans this size$2,416
2024$802 per active participant
2023$3,497 per active participant
2022$1,282 per active participant

Cbt/Childs Bertman Tseckares Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$64,011
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$32,029
PKF O'CONNOR DAVIES, LLP · Accounting / audit$23,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$119,040 · 0.27%
2023$108,911 · 0.27%
2022$99,445 · 0.22%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Aptima, Inc. MA$45.8M · 0.12%
Liaison International, LLC MA$45.2M · 0.12%
Indigo AG, Inc. MA$44.9M · 0.30%
Savant Systems, Inc. MA$44.7M · 0.18%
Boston Ivf, LLC MA$44.5M · 0.21%
2SEVENTY Bio, Inc. MA$44.4M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042429873 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.