Plan Ledger DOL Form 5500 · updated monthly

Abacus Data Systems,Inc.401(k)

ABACUS DATA SYSTEMS, INC. 401(K) PLAN · DEL MAR, CA · plan year 2024

Reported admin expense ratio · 2024
0.21%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Abacus Data Systems,Inc. reported $18,233 in plan administrative expenses for 2024: 0.21% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,322 per active participant. 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 2 years on file its reported administrative ratio rose from 0.06% to 0.21%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in California (5,534th of 9,483), and 1,528th of 2,199 in information & media. In 2024, employees put in $4.11 for every $1.00 the employer contributed; active participation has shrunk from 274 to 157 since 2022.

Plan summary
Net assets, end of year$9,732,187
Participants with balances205
Active participants157
Employer contributions$364,543
Employee contributions$1,499,445
Employer contribution per active participant$2,322
Average account balance$47,474
Benefits paid to participants$1,361,753
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.7M · 205 accts · $365K emplr
2023$7.9M · 215 accts · $420K emplr
2022$5.6M · 229 accts · $391K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,233
Total administrative$18,233
The Abacus Data Systems,Inc. 401(k) match · 2024
Employer contribution per active participant$2,322
Median for plans this size$1,313
2024$2,322 per active participant
2023$1,946 per active participant
2022$1,427 per active participant

Abacus Data Systems,Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
GREAT-WEST LIFE & ANNUITY INSURANCE$9,761
SAN DIEGO PENSION CONSULTANTS, INC. · Contract administrator$2,595

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

Administrative cost history3
2024$18,233 · 0.21%
2023$17,019 · 0.25%
2022$3,324 · 0.06%
Same employer
Similar plansInformation & Media · California
Courthouse News Service CA$10.0M · 0.68%
Aaa Abc Acquisition, LLC CA$9.9M · 0.39%
Verana Health, Inc. CA$9.9M · 0.32%
Chargebee, Inc. CA$9.7M · 0.10%
Fuse LLC CA$9.7M · 0.31%
Monte Carlo Data CA$9.6M · 0.14%
Textnow, Inc CA$9.5M · 0.66%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 953846438 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.