Cbt 401(k) and Profit Sharing Plan

Reviewed by PlainRetire Editorial, Retirement Plans Editorial Team

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Cbt/Childs Bertman Tseckares Inc. · Massachusetts · Professional & Technical Services

What the 2023 filing shows

Cbt 401(k) and Profit Sharing Plan holds $40M for 173 participants — about $230,350 per participant, down 19.4% over the 2022 plan year.

$40M
total plan assets (2022 EOY): 173
covered participants: $230,350
avg assets per participant: -19.4%
assets change YoY

The plan reported a net loss of $10M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)

$40M

Participants

173

State

Massachusetts

Industry

Professional & Technical Services

What the Filing Says About Cbt 401(k) and Profit Sharing Plan

Cbt 401(k) and Profit Sharing Plan is a Profit Sharing retirement plan sponsored by Cbt/Childs Bertman Tseckares Inc., headquartered in Massachusetts. As of the 2022 Form 5500 filing, the plan reports $40M in total end-of-year assets and covers 173 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 042429873, and the plan has been effective since 1984-03-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $49M at the beginning of 2022 to $40M at year-end — a decline of 19.4%. Net assets (after liabilities) closed the year at $40M, with reported net income of $-9,595,054 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)	$49M
Total Assets (End of Year)	$40M
Net Assets (End of Year)	$40M
Net Income	$-9,595,054
Plan Type	Profit Sharing
Employer EIN	042429873
Plan Effective Date	1984-03-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Cbt/Childs Bertman Tseckares Inc.)

Year	Plans	Participants	Total Assets
2022	1	173	$40M
2023	1	195	$42M
2024	1	143	$45M

Nearby Profit Sharing Plans in Massachusetts

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

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Beth Israel Deaconess Medical Center Voluntary 403(b) Plan $2.4B · 13,981

Compare Cbt 401(k) and Profit Sharing Plan side-by-side with 3 peers →

Related Data

Guides

Frequently Asked Questions

How much money is in the Cbt 401(k) and Profit Sharing Plan? ▼

As of the 2022 Form 5500 filing, Cbt 401(k) and Profit Sharing Plan holds $40M in total assets with 173 participants. It is sponsored by Cbt/Childs Bertman Tseckares Inc..

What type of plan is Cbt 401(k) and Profit Sharing Plan? ▼

Cbt 401(k) and Profit Sharing Plan is a Profit Sharing plan. It has been effective since 1984-03-01. The plan is filed with the U.S. Department of Labor under EIN 042429873.

Who sponsors the Cbt 401(k) and Profit Sharing Plan? ▼

Cbt 401(k) and Profit Sharing Plan is sponsored by Cbt/Childs Bertman Tseckares Inc., located in Massachusetts. The sponsor's EIN is 042429873 and the plan operates in the Professional & Technical Services industry.

How did Cbt 401(k) and Profit Sharing Plan perform in 2022? ▼

Cbt 401(k) and Profit Sharing Plan declined by 19.4% during 2022, moving from $49M to $40M in total assets. Net income was $-9,595,054.

Where can I find official filings for Cbt 401(k) and Profit Sharing Plan? ▼

Official Form 5500 filings for Cbt 401(k) and Profit Sharing Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 042429873 or plan name at efast.dol.gov.

How does Cbt 401(k) and Profit Sharing Plan compare to other plans? ▼

You can compare Cbt 401(k) and Profit Sharing Plan against other Profit Sharing plans on the plan type page, or view plans in Massachusetts on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.