Civic Intelligence

Business Impact Group LLC

Plan context: Business Impact Group 401(K) Plan

EIN 20-0826767 • Chanhassen, MN • 21 filings • 3 plans

2411 Galpin CT Ste 120Chanhassen, MN 55317-4634
Current Snapshot

Latest Year

2024

2024 Participants

96

2024 Assets

$5,867,511

2024 Contributions

$570,918

Historical Graphs

Total Assets Over Time

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

$6,621,652$3,310,826$0200320142024YearValue
$5,867,511Latest year 2024

Participants Over Time

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

130650200320142024YearValue
96Latest year 2024

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
2024196$5,867,511$570,918$5,947iApproximate average salary by contribution assumption: employee only about $148,677 at 4% or $99,118 at 6%; with 50% employer match about $99,118 at 4% or $66,078 at 6%; with 100% employer match about $74,338 at 4% or $49,559 at 6%.
Business Impact Group 401(K) Plan-96$5,867,511$570,918$5,947iApproximate average salary by contribution assumption: employee only about $148,677 at 4% or $99,118 at 6%; with 50% employer match about $99,118 at 4% or $66,078 at 6%; with 100% employer match about $74,338 at 4% or $49,559 at 6%.
2023199$6,621,652$541,738$5,472iApproximate average salary by contribution assumption: employee only about $136,803 at 4% or $91,202 at 6%; with 50% employer match about $91,202 at 4% or $60,801 at 6%; with 100% employer match about $68,401 at 4% or $45,601 at 6%.
Business Impact Group 401(K) Plan-99$6,621,652$541,738$5,472iApproximate average salary by contribution assumption: employee only about $136,803 at 4% or $91,202 at 6%; with 50% employer match about $91,202 at 4% or $60,801 at 6%; with 100% employer match about $68,401 at 4% or $45,601 at 6%.
2022197$5,413,809$827,713$8,533iApproximate average salary by contribution assumption: employee only about $213,328 at 4% or $142,219 at 6%; with 50% employer match about $142,219 at 4% or $94,812 at 6%; with 100% employer match about $106,664 at 4% or $71,109 at 6%.
Business Impact Group 401(K) Plan-97$5,413,809$827,713$8,533iApproximate average salary by contribution assumption: employee only about $213,328 at 4% or $142,219 at 6%; with 50% employer match about $142,219 at 4% or $94,812 at 6%; with 100% employer match about $106,664 at 4% or $71,109 at 6%.
20211101$6,122,213$511,550$5,065iApproximate average salary by contribution assumption: employee only about $126,621 at 4% or $84,414 at 6%; with 50% employer match about $84,414 at 4% or $56,276 at 6%; with 100% employer match about $63,311 at 4% or $42,207 at 6%.
Business Impact Group 401(K) Plan-101$6,122,213$511,550$5,065iApproximate average salary by contribution assumption: employee only about $126,621 at 4% or $84,414 at 6%; with 50% employer match about $84,414 at 4% or $56,276 at 6%; with 100% employer match about $63,311 at 4% or $42,207 at 6%.
20201105$5,174,359$420,324$4,003iApproximate average salary by contribution assumption: employee only about $100,077 at 4% or $66,718 at 6%; with 50% employer match about $66,718 at 4% or $44,479 at 6%; with 100% employer match about $50,039 at 4% or $33,359 at 6%.
Business Impact Group 401(K) Plan-105$5,174,359$420,324$4,003iApproximate average salary by contribution assumption: employee only about $100,077 at 4% or $66,718 at 6%; with 50% employer match about $66,718 at 4% or $44,479 at 6%; with 100% employer match about $50,039 at 4% or $33,359 at 6%.
20191127$4,194,071$494,921$3,897iApproximate average salary by contribution assumption: employee only about $97,425 at 4% or $64,950 at 6%; with 50% employer match about $64,950 at 4% or $43,300 at 6%; with 100% employer match about $48,713 at 4% or $32,475 at 6%.
Business Impact Group 401(K) Plan-127$4,194,071$494,921$3,897iApproximate average salary by contribution assumption: employee only about $97,425 at 4% or $64,950 at 6%; with 50% employer match about $64,950 at 4% or $43,300 at 6%; with 100% employer match about $48,713 at 4% or $32,475 at 6%.
20181121$3,143,676$522,471$4,318iApproximate average salary by contribution assumption: employee only about $107,949 at 4% or $71,966 at 6%; with 50% employer match about $71,966 at 4% or $47,977 at 6%; with 100% employer match about $53,974 at 4% or $35,983 at 6%.
Business Impact Group 401(K) Plan-121$3,143,676$522,471$4,318iApproximate average salary by contribution assumption: employee only about $107,949 at 4% or $71,966 at 6%; with 50% employer match about $71,966 at 4% or $47,977 at 6%; with 100% employer match about $53,974 at 4% or $35,983 at 6%.
20171117$3,446,906$379,041$3,240iApproximate average salary by contribution assumption: employee only about $80,992 at 4% or $53,994 at 6%; with 50% employer match about $53,994 at 4% or $35,996 at 6%; with 100% employer match about $40,496 at 4% or $26,997 at 6%.
Business Impact Group 401(K) Plan-117$3,446,906$379,041$3,240iApproximate average salary by contribution assumption: employee only about $80,992 at 4% or $53,994 at 6%; with 50% employer match about $53,994 at 4% or $35,996 at 6%; with 100% employer match about $40,496 at 4% or $26,997 at 6%.
20161110$2,798,834$452,597$4,115iApproximate average salary by contribution assumption: employee only about $102,863 at 4% or $68,575 at 6%; with 50% employer match about $68,575 at 4% or $45,717 at 6%; with 100% employer match about $51,431 at 4% or $34,288 at 6%.
Business Impact Group 401(K) Plan-110$2,798,834$452,597$4,115iApproximate average salary by contribution assumption: employee only about $102,863 at 4% or $68,575 at 6%; with 50% employer match about $68,575 at 4% or $45,717 at 6%; with 100% employer match about $51,431 at 4% or $34,288 at 6%.
20151130$2,264,232$469,229$3,609iApproximate average salary by contribution assumption: employee only about $90,236 at 4% or $60,158 at 6%; with 50% employer match about $60,158 at 4% or $40,105 at 6%; with 100% employer match about $45,118 at 4% or $30,079 at 6%.
Business Impact Group 401(K) Plan-130$2,264,232$469,229$3,609iApproximate average salary by contribution assumption: employee only about $90,236 at 4% or $60,158 at 6%; with 50% employer match about $60,158 at 4% or $40,105 at 6%; with 100% employer match about $45,118 at 4% or $30,079 at 6%.
2014189$1,973,981$330,656$3,715iApproximate average salary by contribution assumption: employee only about $92,881 at 4% or $61,921 at 6%; with 50% employer match about $61,921 at 4% or $41,280 at 6%; with 100% employer match about $46,440 at 4% or $30,960 at 6%.
Business Impact Group 401(K) Plan-89$1,973,981$330,656$3,715iApproximate average salary by contribution assumption: employee only about $92,881 at 4% or $61,921 at 6%; with 50% employer match about $61,921 at 4% or $41,280 at 6%; with 100% employer match about $46,440 at 4% or $30,960 at 6%.
2013167$1,623,612$281,035$4,195iApproximate average salary by contribution assumption: employee only about $104,864 at 4% or $69,909 at 6%; with 50% employer match about $69,909 at 4% or $46,606 at 6%; with 100% employer match about $52,432 at 4% or $34,955 at 6%.
Business Impact Group 401(K) Plan-67$1,623,612$281,035$4,195iApproximate average salary by contribution assumption: employee only about $104,864 at 4% or $69,909 at 6%; with 50% employer match about $69,909 at 4% or $46,606 at 6%; with 100% employer match about $52,432 at 4% or $34,955 at 6%.
2012162$1,191,864$194,319$3,134iApproximate average salary by contribution assumption: employee only about $78,354 at 4% or $52,236 at 6%; with 50% employer match about $52,236 at 4% or $34,824 at 6%; with 100% employer match about $39,177 at 4% or $26,118 at 6%.
Business Impact Group 401(K) Plan-62$1,191,864$194,319$3,134iApproximate average salary by contribution assumption: employee only about $78,354 at 4% or $52,236 at 6%; with 50% employer match about $52,236 at 4% or $34,824 at 6%; with 100% employer match about $39,177 at 4% or $26,118 at 6%.
2011163$948,324$173,429$2,753iApproximate average salary by contribution assumption: employee only about $68,821 at 4% or $45,881 at 6%; with 50% employer match about $45,881 at 4% or $30,587 at 6%; with 100% employer match about $34,411 at 4% or $22,940 at 6%.
Business Impact Group 401(K) Plan-63$948,324$173,429$2,753iApproximate average salary by contribution assumption: employee only about $68,821 at 4% or $45,881 at 6%; with 50% employer match about $45,881 at 4% or $30,587 at 6%; with 100% employer match about $34,411 at 4% or $22,940 at 6%.
2010155$882,706$199,362$3,625iApproximate average salary by contribution assumption: employee only about $90,619 at 4% or $60,413 at 6%; with 50% employer match about $60,413 at 4% or $40,275 at 6%; with 100% employer match about $45,310 at 4% or $30,206 at 6%.
Business Impact Group 401(K) Plan-55$882,706$199,362$3,625iApproximate average salary by contribution assumption: employee only about $90,619 at 4% or $60,413 at 6%; with 50% employer match about $60,413 at 4% or $40,275 at 6%; with 100% employer match about $45,310 at 4% or $30,206 at 6%.
2009147$643,817$170,528$3,628iApproximate average salary by contribution assumption: employee only about $90,706 at 4% or $60,471 at 6%; with 50% employer match about $60,471 at 4% or $40,314 at 6%; with 100% employer match about $45,353 at 4% or $30,235 at 6%.
Business Impact Group 401(K) Plan-47$643,817$170,528$3,628iApproximate average salary by contribution assumption: employee only about $90,706 at 4% or $60,471 at 6%; with 50% employer match about $60,471 at 4% or $40,314 at 6%; with 100% employer match about $45,353 at 4% or $30,235 at 6%.
2008145$339,644$147,988$3,289iApproximate average salary by contribution assumption: employee only about $82,216 at 4% or $54,810 at 6%; with 50% employer match about $54,810 at 4% or $36,540 at 6%; with 100% employer match about $41,108 at 4% or $27,405 at 6%.
Business Impact Group 401(K) Plan-45$339,644$147,988$3,289iApproximate average salary by contribution assumption: employee only about $82,216 at 4% or $54,810 at 6%; with 50% employer match about $54,810 at 4% or $36,540 at 6%; with 100% employer match about $41,108 at 4% or $27,405 at 6%.
2006137$224,554$57,842$1,563iApproximate average salary by contribution assumption: employee only about $39,082 at 4% or $26,055 at 6%; with 50% employer match about $26,055 at 4% or $17,370 at 6%; with 100% employer match about $19,541 at 4% or $13,027 at 6%.
Business Impact Group 401(K) Plan-37$224,554$57,842$1,563iApproximate average salary by contribution assumption: employee only about $39,082 at 4% or $26,055 at 6%; with 50% employer match about $26,055 at 4% or $17,370 at 6%; with 100% employer match about $19,541 at 4% or $13,027 at 6%.
2005139$148,005$35,985$923iApproximate average salary by contribution assumption: employee only about $23,067 at 4% or $15,378 at 6%; with 50% employer match about $15,378 at 4% or $10,252 at 6%; with 100% employer match about $11,534 at 4% or $7,689 at 6%.
Business Impact Group 401(K) Plan-39$148,005$35,985$923iApproximate average salary by contribution assumption: employee only about $23,067 at 4% or $15,378 at 6%; with 50% employer match about $15,378 at 4% or $10,252 at 6%; with 100% employer match about $11,534 at 4% or $7,689 at 6%.
2004131$103,189$31,275$1,009iApproximate average salary by contribution assumption: employee only about $25,222 at 4% or $16,815 at 6%; with 50% employer match about $16,815 at 4% or $11,210 at 6%; with 100% employer match about $12,611 at 4% or $8,407 at 6%.
Business Impact Group 401(K) Plan-31$103,189$31,275$1,009iApproximate average salary by contribution assumption: employee only about $25,222 at 4% or $16,815 at 6%; with 50% employer match about $16,815 at 4% or $11,210 at 6%; with 100% employer match about $12,611 at 4% or $8,407 at 6%.
2003127$198,712$13,111$486iApproximate average salary by contribution assumption: employee only about $12,140 at 4% or $8,093 at 6%; with 50% employer match about $8,093 at 4% or $5,395 at 6%; with 100% employer match about $6,070 at 4% or $4,047 at 6%.
Business Impact Group 401(K) Plan-27$198,712$13,111$486iApproximate average salary by contribution assumption: employee only about $12,140 at 4% or $8,093 at 6%; with 50% employer match about $8,093 at 4% or $5,395 at 6%; with 100% employer match about $6,070 at 4% or $4,047 at 6%.