Plan Ledger DOL Form 5500 · updated monthly

Abel Construction Company, Inc.401(k)

ABEL CONSTRUCTION COMPANY, INC. 401K SAVINGS PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Abel Construction Company, Inc. reported $54,326 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,509 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 432nd-largest of 871 plans among Kentucky employers on file, and 2,877th of 5,337 in construction. In 2024, employees put in $3.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,592,029
Participants with balances140
Active participants122
Employer contributions$306,126
Employee contributions$1,058,820
Employer contribution per active participant$2,509
Average account balance$82,800
Benefits paid to participants$2,630,806
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,425
Investment management$2,651
Total administrative$54,326
The Abel Construction Company, Inc. 401(k) match · 2024
Employer contribution per active participant$2,509
Median for plans this size$2,416

Abel Construction Company, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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
STOCK YARDS BANK AND TRUST COindirect comp

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

Administrative cost history1
2024$54,326 · 0.48%
Same employer
Similar plansConstruction · Kentucky
Marine Solutions, Inc. KY$12.6M · 0.16%
Judy Construction Company KY$11.9M · 0.19%
Mago Construction Co., LLC KY$11.5M · 0.67%
Arrow Electric Co., Inc. KY$9.9M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610674234 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.