Plan Ledger DOL Form 5500 · updated monthly

Abhe & Svoboda, Inc.401(k)

ABHE & SVOBODA, INC. 401(K) PROFIT SHARING PLAN · JORDAN, MN · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Abhe & Svoboda, Inc. reported $17,855 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,003 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 0.02% to 0.07%. 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 715th-largest of 1,918 plans among Minnesota employers on file, and the 1,578th of 5,337 in construction. In 2024, the employer put in $1.69 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$28,622,543
Participants with balances237
Active participants102
Employer contributions$1,020,329
Employee contributions$604,676
Employer contribution per active participant$10,003
Average account balance$120,770
Benefits paid to participants$2,370,339
Plan auditUnmodified (clean) audit opinion
AuditorREDPATH AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$28.6M · 237 accts · $1.0M emplr
2023$26.2M · 235 accts · $944K emplr
2022$23.8M · 224 accts · $592K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,855
Total administrative$17,855
The Abhe & Svoboda, Inc. 401(k) match · 2024
Employer contribution per active participant$10,003
Median for plans this size$2,416
2024$10,003 per active participant
2023$7,372 per active participant
2022$5,642 per active participant

Abhe & Svoboda, Inc.'s 2024 employer contribution ran above the $2,416 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
ABHE & SVOBODA INC$12,000

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$17,855 · 0.07%
2023$5,691 · 0.02%
2022$5,632 · 0.02%
Same employer
Similar plansConstruction · Minnesota
Johnson Screens, Inc. MN$34.5M · 0.40%
Sign-Zone, LLC MN$29.6M · 0.21%
Fagen, Inc. MN$29.4M · 0.19%
Ellingson Drainage, Inc. MN$26.1M · 0.06%
Design Electric, Inc. MN$23.2M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411224817 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.