Civic Intelligence

The Binding Source LLC

Plan context: THE BINDING SOURCE, LLC 401(K) PROFIT SHARING PLAN

EIN 06-1493563 • Torrington, CT • 26 filings • 2 plans

15 Putter LaneP.O. Box 333Torrington, CT 06790
Current Snapshot

Latest Year

2025

2025 Participants

15

2025 Assets

$4,760,649

2025 Contributions

$197,428

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$4,760,649$2,380,325$0201320192025YearValue
$4,760,649Latest year 2025

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

1580201320192025YearValue
15Latest year 2025

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
2025215$4,760,649$197,428$13,162iApproximate average salary by contribution assumption: employee only about $329,047 at 4% or $219,364 at 6%; with 50% employer match about $219,364 at 4% or $146,243 at 6%; with 100% employer match about $164,523 at 4% or $109,682 at 6%.
THE BINDING SOURCE, LLC 401(K) PROFIT SHARING PLAN-15$3,364,220$197,428$13,162iApproximate average salary by contribution assumption: employee only about $329,047 at 4% or $219,364 at 6%; with 50% employer match about $219,364 at 4% or $146,243 at 6%; with 100% employer match about $164,523 at 4% or $109,682 at 6%.
The Binding Source LLC Cash Balance Plan-12$1,396,429$0-
2024215$4,022,861$257,903$17,194iApproximate average salary by contribution assumption: employee only about $429,838 at 4% or $286,559 at 6%; with 50% employer match about $286,559 at 4% or $191,039 at 6%; with 100% employer match about $214,919 at 4% or $143,279 at 6%.
THE BINDING SOURCE, LLC 401(K) PROFIT SHARING PLAN-15$2,784,476$175,764$11,718iApproximate average salary by contribution assumption: employee only about $292,940 at 4% or $195,293 at 6%; with 50% employer match about $195,293 at 4% or $130,196 at 6%; with 100% employer match about $146,470 at 4% or $97,647 at 6%.
The Binding Source LLC Cash Balance Plan-14$1,238,385$82,139$5,867iApproximate average salary by contribution assumption: employee only about $146,677 at 4% or $97,785 at 6%; with 50% employer match about $97,785 at 4% or $65,190 at 6%; with 100% employer match about $73,338 at 4% or $48,892 at 6%.
2023215$3,557,391$337,118$22,475iApproximate average salary by contribution assumption: employee only about $561,863 at 4% or $374,576 at 6%; with 50% employer match about $374,576 at 4% or $249,717 at 6%; with 100% employer match about $280,932 at 4% or $187,288 at 6%.
THE BINDING SOURCE, LLC 401(K) PROFIT SHARING PLAN-15$2,489,170$231,170$15,411iApproximate average salary by contribution assumption: employee only about $385,283 at 4% or $256,856 at 6%; with 50% employer match about $256,856 at 4% or $171,237 at 6%; with 100% employer match about $192,642 at 4% or $128,428 at 6%.
The Binding Source LLC Cash Balance Plan-13$1,068,221$105,948$8,150iApproximate average salary by contribution assumption: employee only about $203,746 at 4% or $135,831 at 6%; with 50% employer match about $135,831 at 4% or $90,554 at 6%; with 100% employer match about $101,873 at 4% or $67,915 at 6%.
2022214$2,991,861$375,898$26,850iApproximate average salary by contribution assumption: employee only about $671,246 at 4% or $447,498 at 6%; with 50% employer match about $447,498 at 4% or $298,332 at 6%; with 100% employer match about $335,623 at 4% or $223,749 at 6%.
THE BINDING SOURCE, LLC 401(K) PROFIT SHARING PLAN-13$2,075,989$215,898$16,608iApproximate average salary by contribution assumption: employee only about $415,188 at 4% or $276,792 at 6%; with 50% employer match about $276,792 at 4% or $184,528 at 6%; with 100% employer match about $207,594 at 4% or $138,396 at 6%.
The Binding Source LLC Cash Balance Plan-14$915,872$160,000$11,429iApproximate average salary by contribution assumption: employee only about $285,714 at 4% or $190,476 at 6%; with 50% employer match about $190,476 at 4% or $126,984 at 6%; with 100% employer match about $142,857 at 4% or $95,238 at 6%.
2021214$3,171,479$301,367$21,526iApproximate average salary by contribution assumption: employee only about $538,155 at 4% or $358,770 at 6%; with 50% employer match about $358,770 at 4% or $239,180 at 6%; with 100% employer match about $269,078 at 4% or $179,385 at 6%.
THE BINDING SOURCE, LLC 401(K) PROFIT SHARING PLAN-14$2,245,941$201,449$14,389iApproximate average salary by contribution assumption: employee only about $359,730 at 4% or $239,820 at 6%; with 50% employer match about $239,820 at 4% or $159,880 at 6%; with 100% employer match about $179,865 at 4% or $119,910 at 6%.
The Binding Source LLC Cash Balance Plan-14$925,538$99,918$7,137iApproximate average salary by contribution assumption: employee only about $178,425 at 4% or $118,950 at 6%; with 50% employer match about $118,950 at 4% or $79,300 at 6%; with 100% employer match about $89,213 at 4% or $59,475 at 6%.
2020214$2,618,596$262,884$18,777iApproximate average salary by contribution assumption: employee only about $469,436 at 4% or $312,957 at 6%; with 50% employer match about $312,957 at 4% or $208,638 at 6%; with 100% employer match about $234,718 at 4% or $156,479 at 6%.
THE BINDING SOURCE, LLC 401(K) PROFIT SHARING PLAN-14$1,880,663$195,719$13,980iApproximate average salary by contribution assumption: employee only about $349,498 at 4% or $232,999 at 6%; with 50% employer match about $232,999 at 4% or $155,333 at 6%; with 100% employer match about $174,749 at 4% or $116,499 at 6%.
The Binding Source LLC Cash Balance Plan-14$737,933$67,165$4,798iApproximate average salary by contribution assumption: employee only about $119,938 at 4% or $79,958 at 6%; with 50% employer match about $79,958 at 4% or $53,306 at 6%; with 100% employer match about $59,969 at 4% or $39,979 at 6%.
2019211$2,061,984$238,740$21,704iApproximate average salary by contribution assumption: employee only about $542,591 at 4% or $361,727 at 6%; with 50% employer match about $361,727 at 4% or $241,152 at 6%; with 100% employer match about $271,295 at 4% or $180,864 at 6%.
THE BINDING SOURCE, LLC 401(K) PROFIT SHARING PLAN-11$1,472,101$182,379$16,580iApproximate average salary by contribution assumption: employee only about $414,498 at 4% or $276,332 at 6%; with 50% employer match about $276,332 at 4% or $184,221 at 6%; with 100% employer match about $207,249 at 4% or $138,166 at 6%.
The Binding Source LLC Cash Balance Plan-11$589,883$56,361$5,124iApproximate average salary by contribution assumption: employee only about $128,093 at 4% or $85,395 at 6%; with 50% employer match about $85,395 at 4% or $56,930 at 6%; with 100% employer match about $64,047 at 4% or $42,698 at 6%.
2018211$1,542,272$259,888$23,626iApproximate average salary by contribution assumption: employee only about $590,655 at 4% or $393,770 at 6%; with 50% employer match about $393,770 at 4% or $262,513 at 6%; with 100% employer match about $295,327 at 4% or $196,885 at 6%.
THE BINDING SOURCE, LLC 401(K) PROFIT SHARING PLAN-11$1,085,912$175,799$15,982iApproximate average salary by contribution assumption: employee only about $399,543 at 4% or $266,362 at 6%; with 50% employer match about $266,362 at 4% or $177,575 at 6%; with 100% employer match about $199,772 at 4% or $133,181 at 6%.
The Binding Source LLC Cash Balance Plan-11$456,360$84,089$7,644iApproximate average salary by contribution assumption: employee only about $191,111 at 4% or $127,408 at 6%; with 50% employer match about $127,408 at 4% or $84,938 at 6%; with 100% employer match about $95,556 at 4% or $63,704 at 6%.
2017212$1,400,868$230,767$19,231iApproximate average salary by contribution assumption: employee only about $480,765 at 4% or $320,510 at 6%; with 50% employer match about $320,510 at 4% or $213,673 at 6%; with 100% employer match about $240,382 at 4% or $160,255 at 6%.
THE BINDING SOURCE, LLC 401(K) PROFIT SHARING PLAN-12$987,049$172,643$14,387iApproximate average salary by contribution assumption: employee only about $359,673 at 4% or $239,782 at 6%; with 50% employer match about $239,782 at 4% or $159,855 at 6%; with 100% employer match about $179,836 at 4% or $119,891 at 6%.
The Binding Source LLC Cash Balance Plan-11$413,819$58,124$5,284iApproximate average salary by contribution assumption: employee only about $132,100 at 4% or $88,067 at 6%; with 50% employer match about $88,067 at 4% or $58,711 at 6%; with 100% employer match about $66,050 at 4% or $44,033 at 6%.
2016213$1,041,068$251,131$19,318iApproximate average salary by contribution assumption: employee only about $482,944 at 4% or $321,963 at 6%; with 50% employer match about $321,963 at 4% or $214,642 at 6%; with 100% employer match about $241,472 at 4% or $160,981 at 6%.
THE BINDING SOURCE, LLC 401(K) PROFIT SHARING PLAN-12$712,719$170,073$14,173iApproximate average salary by contribution assumption: employee only about $354,319 at 4% or $236,213 at 6%; with 50% employer match about $236,213 at 4% or $157,475 at 6%; with 100% employer match about $177,159 at 4% or $118,106 at 6%.
The Binding Source LLC Cash Balance Plan-13$328,349$81,058$6,235iApproximate average salary by contribution assumption: employee only about $155,881 at 4% or $103,921 at 6%; with 50% employer match about $103,921 at 4% or $69,280 at 6%; with 100% employer match about $77,940 at 4% or $51,960 at 6%.
2015211$733,256$254,372$23,125iApproximate average salary by contribution assumption: employee only about $578,118 at 4% or $385,412 at 6%; with 50% employer match about $385,412 at 4% or $256,941 at 6%; with 100% employer match about $289,059 at 4% or $192,706 at 6%.
THE BINDING SOURCE, LLC 401(K) PROFIT SHARING PLAN-11$507,388$175,333$15,939iApproximate average salary by contribution assumption: employee only about $398,484 at 4% or $265,656 at 6%; with 50% employer match about $265,656 at 4% or $177,104 at 6%; with 100% employer match about $199,242 at 4% or $132,828 at 6%.
The Binding Source LLC Cash Balance Plan-11$225,868$79,039$7,185iApproximate average salary by contribution assumption: employee only about $179,634 at 4% or $119,756 at 6%; with 50% employer match about $119,756 at 4% or $79,837 at 6%; with 100% employer match about $89,817 at 4% or $59,878 at 6%.
2014210$499,057$253,670$25,367iApproximate average salary by contribution assumption: employee only about $634,175 at 4% or $422,783 at 6%; with 50% employer match about $422,783 at 4% or $281,856 at 6%; with 100% employer match about $317,088 at 4% or $211,392 at 6%.
THE BINDING SOURCE, LLC 401(K) PROFIT SHARING PLAN-10$343,682$175,180$17,518iApproximate average salary by contribution assumption: employee only about $437,950 at 4% or $291,967 at 6%; with 50% employer match about $291,967 at 4% or $194,644 at 6%; with 100% employer match about $218,975 at 4% or $145,983 at 6%.
The Binding Source LLC Cash Balance Plan-10$155,375$78,490$7,849iApproximate average salary by contribution assumption: employee only about $196,225 at 4% or $130,817 at 6%; with 50% employer match about $130,817 at 4% or $87,211 at 6%; with 100% employer match about $98,113 at 4% or $65,408 at 6%.
201329$234,861$233,561$25,951iApproximate average salary by contribution assumption: employee only about $648,781 at 4% or $432,520 at 6%; with 50% employer match about $432,520 at 4% or $288,347 at 6%; with 100% employer match about $324,390 at 4% or $216,260 at 6%.
THE BINDING SOURCE, LLC 401(K) PROFIT SHARING PLAN-9$158,802$157,502$17,500iApproximate average salary by contribution assumption: employee only about $437,506 at 4% or $291,670 at 6%; with 50% employer match about $291,670 at 4% or $194,447 at 6%; with 100% employer match about $218,753 at 4% or $145,835 at 6%.
The Binding Source LLC Cash Balance Plan-9$76,059$76,059$8,451iApproximate average salary by contribution assumption: employee only about $211,275 at 4% or $140,850 at 6%; with 50% employer match about $140,850 at 4% or $93,900 at 6%; with 100% employer match about $105,638 at 4% or $70,425 at 6%.