Concentric Group, Inc. 401(k) Plan: Login, Facts & Contact Information
Concentric Group, Inc. 401(k) Login
204 former Concentric Group, Inc. employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2023 filing.
Concentric Group, Inc. 401(k) Plan Facts
Source: Form 5500 for plan year 2023 (Jan 1, 2023 – Dec 31, 2023), filed Sep 26, 2024. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2023
- $3.39 million went into the plan in contributions, $1.02 million of it from the employer (30%).
- $1.95 million was paid out to participants.
- Investment and other income added $2.20 million.
- Administrative expenses were $52,678, about $144 per account.
How the Concentric Group, Inc. 401(k) changed, 2018–2023
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2018 | 166 | $4.51 million | $374,953 | $425,563 |
| 2019 | 206 | $6.04 million | $467,517 | $1.16 million |
| 2020 | 239 | $7.80 million | $573,430 | $1.58 million |
| 2021 | 268 | $10.9 million | $718,365 | $475,894 |
| 2022 | 354 | $12.9 million | $955,984 | $448,676 |
| 2023 | 430 | $16.5 million | $1.02 million | $1.95 million |
Concentric Group, Inc. 401(k) Contact Information
Questions about the Concentric Group, Inc. 401(k)
Does Concentric Group, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $1.02 million, 30% of all contributions.
Does the Concentric Group, Inc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Concentric Group, Inc 401(k) plan?
430 participants at the start of plan year 2023, 273 of them active employees, and 204 former employees who still had money in the plan.
What is the average 401(k) balance at Concentric Group, Inc?
About $45,186 per account: $16.5 million in plan assets across 366 accounts with a balance at the end of plan year 2023.
Who manages the Concentric Group, Inc 401(k) accounts?
ADP Retirement Services (listed on the filing as BETTERMENT FOR BUSINESS, LLC) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Concentric Group, Inc. How do I access my 401(k)?
Your account stays with ADP Retirement Services after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.