Founder’s Experience, Vision, and Objectives

• 1977 – As a college senior intern lead a team of software programmers at the New Jersey Department of Community Affairs, Division of Aging to account for the funding of the then new Meals on Wheels program. This entailed designing a software system from a user and reporting perspective. Neil guided the implementation of the accounting system to track the appropriations, budgeting, and reporting of such funds received from the United States government.
• 1977 to 1982 – Upon graduation hired off campus by PwC, NYC. He had the fortune to work extensively for and was mentored by a manager who became a partner and eventually PIC of PwC worldwide. Experience gained as a CPA was in banking, law firms, manufacturing, and advertising agencies. Clients included JP Morgan, Sullivan & Cromwell, IBM, and Ogilvy & Mather.

He developed a software program that performed law firm partner income and taxation allocations, and honed cost accounting skills at IBM. Neil also performed ERISA audits when initially required by the Department of Labor. He taught PwC training classes and cost accounting at NYU

• 1982 to 2026 – Formed BDG-CPAs, a boutique, high quality CPA firm with capabilities comparable to Big 4, including many Big 4 caliber clients. PwC referred 3 employee benefit plan audit clients in the 1980s. This was the impetus for this specialty.

Over the decades the employee benefit audits scaled driven by Neil’s CPA technical skills, and practice development leadership from 3 to 10, 25, 50, 100, now approaching 200 annual audits with 99% retention. This service represents 35% of the firm’s revenue today. The caliber of clientele in long-term relationships, (Click) says the most. 

In 1984 Neil Della Torre was recognized by ADP as a key advisor. The relationship continues to this day. See their advertisement in The Journal of Accountancy, click, (largest accounting publication circulation) and a more recent commercial. (click)

While at BDG-CPAs, Neil also developed SaaS systems that automated stock option valuations under the Black-Sholes and Binomial models that converted relevant volatility data, updated daily stock prices, to GAAP & SEC compliant, standard accounting.

He also developed municipal real estate tax and upper court judgement search systems based on data collection and database driven with over 10 different types of daily data import routines. He contributed, and benefited, significantly to an entity that sold for over $20 million in less than two years from start.

The subject 401k Connect to Protect software designed and DevOp managed by Neil enables BDG-CPAs’ 401(k) audits to be conducted at higher quality, lower risks, and lower cost than any known competitor. The elaborate connection of disparate parts and stakeholders protects all concerns. Hence the name. This MVP version in operation at BDG-CPAs is considered real time proof of concept. Best in class.

There are no known comparable, capable competitors.

• 2027 and into the future – Neil retires from BDG-CPAs December 31, 2026… 
• BDG-CPAs completed 400+ audited financial statements for 2024 and 2025 Form 5500 with greater efficiency and effectiveness each year using 401kCP. Many more features expected to further upgrade are well defined and in the works. This serves as a highly successful proof of concept, and well beyond MVP.
• Neil has developed many long-term, mutually successful relationships with employees and consultants. Many serve or could potentially serve specific functions as fractional employees or consultants of 401kCP. A key DevOp developer is an MIT grad and professor, UPenn advance degree. The head database manager is signed on. See the tentative line-up of this potential team members in the draft webpage, click.

Neil is passionate and plans to build 401kCP for two to three years, then have a liquidity event rewarding all commensurate with their contributions, to be determined.

The initial 401(k) audit target market is approximately 80,000 plans annually audited by 4,000 CPA Firms. By DOL rule, plans with over 100 participants require an annual audit.

The target market users can be expanded beyond CPA firms to plan fiduciaries, internal auditors, and service providers as well as benefit plans other than 401(k) with over 100 participants. This would bring the target market to over 1 million users.

The 401kCP licensing costs are plan chargeable under DOL rule. Typically such charges would be a miniscule plan administrative expense.  As a cost accountant, Neil has developed a SaaS pricing model and the parent version of the software will extensively track all prospective users and monthly recurring revenue users.

BDG-CPAs’ new senior partner leadership has established a cap of 300 plans based on the other work spawn from the employee benefit plan relationships and their wanting to stay a well-rounded CPA firm. Therefore, the software will be spun off to the entity 401k Connect to Protect, LLC owned by Neil Della Torre, the IP developer. Strict non-competes are understood to be important.

Neil has bootstrap funded the 401kCP SaaS as majority owner of BDG-CPAs. BDG-CPAs completed 160 audits for 2024 with greater efficiency and effectiveness using 401kCP. Many more features expected to further upgrade are well defined and in the works. This serves as a highly successful proof of concept, and well beyond MVP.

Neil has great passion and desires to continue on at 401kCP including deeply participating in the sales and marketing over the next year or two. He has preliminary relationships with an east coast and a west coast CPA Firm connected salespeople.

Neil is looking for more depth, an angel, for SaaS management and technical support. He is open to selling a portion of his 100% ownership and related funding. He does not need a salary. He is most interested in team success and a rewarding major liquidity event as well as an industry bolstering legacy service.