Connell Limited Partnership 401(k) Plan: Login, Facts & Contact Information

Connell Limited Partnership 401(k) Plan Facts

Plan name
CONNELL LIMITED PARTNERSHIP EMPLOYEE RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
CONNELL LIMITED PARTNERSHIP
Participants
493 (187 active employees)
Former employees with a balance
223
Plan assets
$39,296,747 at Dec 31, 2023
Average account balance
$91,601 across 429 accounts
Employer contributions
$581,366 in plan year 2023 (19% of all contributions)
Recordkeeper
The Vanguard Group, Inc.
Plan year
Jan 1, 2023 – Dec 31, 2023
Plan established
Jul 13, 2008
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants— Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2023 (Jan 1, 2023 – Dec 31, 2023), filed Oct 15, 2024. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2023

  • $3.00 million went into the plan in contributions, $581,366 of it from the employer (19%).
  • $6.10 million was paid out to participants.
  • Investment and other income added $5.59 million.
  • Administrative expenses were $33,641, about $78 per account.

How the Connell Limited Partnership 401(k) changed, 2018–2023

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2018652$43.0 million$852,939$4.40 million
2019667$41.6 million$431,083$4.96 million
2020593$46.3 million$340,663$3.32 million
2021595$43.3 million$716,449$7.99 million
2022565$36.8 million$643,249$2.74 million
2023493$39.3 million$581,366$6.10 million

Connell Limited Partnership 401(k) Contact Information

Phone
617-737-2700
Mailing address
ONE INTERNATIONAL PLACE, SUITE 3110, BOSTON MA 021102602
Plan sponsor
CONNELL LIMITED PARTNERSHIP
Employer identification number (EIN)
04-2953203
Plan number
014

Questions about the Connell Limited Partnership 401(k)

Does Connell Limited Partnership contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $581,366, 19% of all contributions.

Does the Connell Limited Partnership 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Connell Limited Partnership 401(k) plan?

493 participants at the start of plan year 2023, 187 of them active employees, and 223 former employees who still had money in the plan.

What is the average 401(k) balance at Connell Limited Partnership?

About $91,601 per account: $39.3 million in plan assets across 429 accounts with a balance at the end of plan year 2023.

Who manages the Connell Limited Partnership 401(k) accounts?

Vanguard (listed on the filing as THE VANGUARD GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Connell Limited Partnership. How do I access my 401(k)?

Your account stays with Vanguard 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.

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