Plan Ledger DOL Form 5500 · updated monthly

Abbott-Action, Inc.401(k)

ABBOTT-ACTION , INC. 401(K) PROFIT SHARING PLAN · ATTLEBORO, MA · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Abbott-Action, Inc. reported $66,362 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,287 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 3 years on file its reported administrative ratio has held roughly steady near 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Massachusetts (1,615th of 2,726), and 7,516th of 13,661 in manufacturing. In 2024, employees put in $3.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,618,766
Participants with balances169
Active participants142
Employer contributions$182,741
Employee contributions$640,331
Employer contribution per active participant$1,287
Average account balance$80,584
Benefits paid to participants$800,516
Plan auditUnmodified (clean) audit opinion
AuditorCHARLAND, MARCIANO AND
Plan history3
Yearassets · accounts · employer contribution
2024$13.6M · 169 accts · $183K emplr
2023$12.3M · 178 accts · $177K emplr
2022$10.3M · 216 accts · $204K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,629
Investment management$25,793
Total administrative$66,362
The Abbott-Action, Inc. 401(k) match · 2024
Employer contribution per active participant$1,287
Median for plans this size$2,416
2024$1,287 per active participant
2023$1,129 per active participant
2022$1,357 per active participant

Abbott-Action, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20244
MORGAN STANLEY SMITH BARNEY · Investment advisory (plan)$18,994
EMPOWER ADVISORY GROUP · Investment management$6,799
THE ANGELL PENSION GROUP INC · Contract administrator$2,940

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$66,362 · 0.51%
2023$56,840 · 0.50%
2022$60,612 · 0.54%
Same employer
Similar plansManufacturing · Massachusetts
Checon, LLC MA$14.2M · 0.54%
Kate Farms, Inc. MA$14.1M · 0.02%
Lumiradx, Inc MA$13.8M · 0.02%
Hans Kissle Company, LLC MA$13.4M · 0.31%
Energy Sciences Inc. MA$13.1M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271453493 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.