Plan Ledger DOL Form 5500 · updated monthly

A.B.L.E., Inc.401(k)

A.B.L.E., INC. 401(K) PLAN · LA CRESCENT, MN · plan year 2023

Reported admin expense ratio · 2023
0.59%

A.B.L.E., Inc. reported $25,439 in plan administrative expenses for 2023: 0.59% of average plan assets, above the peer median. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio rose from 0.02% to 0.59%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Minnesota (1,632nd of 1,918), and 1,510th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$4,468,548
Participants with balances83
Active participants70
Employer contributions—
Employee contributions$294,581
Employer contribution per active participant—
Average account balance$53,838
Benefits paid to participants$546,058
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$4.5M · 83 accts
2022$4.1M · 116 accts · $285K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$25,439
Total administrative$25,439
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$25,438
EDWARD JONES · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$25,439 · 0.59%
2022$851 · 0.02%
Similar plansAdministrative & Support Services · Minnesota
Adams Pest Control, Inc. MN$6.1M · 0.69%
United Business Mail MN$6.0M · 0.68%
Rural Minnesota Cep MN$5.8M · 0.50%
Ljp Waste Solutions MN$3.1M · 0.58%
Janone, Inc. MN$2.5M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411346863 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.