Plan Ledger DOL Form 5500 · updated monthly

Abco Group, Inc.Profit-sharing plan

AMERICAN BOOK CO. PROFIT SHARING PLAN · KNOXVILLE, TN · plan year 2022

Reported admin expense ratio · 2022
1.00%

Abco Group, Inc. reported $110,931 in plan administrative expenses for 2022: 1.00% of average plan assets, higher than ~90% of peers. 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 1.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Tennessee (1,198th of 1,496), and 8,896th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$3,527,962
Participants with balances137
Active participants77
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$25,752
Benefits paid to participants$14,332,122
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$1.2M · 137 accts
2023$2.6M · 137 accts
2022$3.5M · 137 accts
Administrative expenses, itemized · 2022
Professional / advisory$110,931
Total administrative$110,931
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$19,183 · 1.01%
2023$67,151 · 2.21%
2022$110,931 · 1.00%
Similar plansHealth Care & Social Assistance · Tennessee
Adherehealth, LLC TN$3.6M · 0.14%
Comcare, Inc. TN$3.5M · 0.93%
Coffee Medical Group, LLC TN$3.0M · 0.17%
Rhc Group Management, LLC TN$2.8M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 873594681 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.