Plan Ledger DOL Form 5500 · updated monthly

Abilene Machine LLC401(k)

ABILENE MACHINE LLC 401(K) AND PROFIT SHARING PLAN · SOLOMON, KS · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Abilene Machine LLC reported $43,752 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $1,962 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 0.50%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Kansas (513th of 828), and 9,180th of 13,661 in manufacturing. In 2024, employees put in $1.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,109,618
Participants with balances132
Active participants122
Employer contributions$239,327
Employee contributions$294,688
Employer contribution per active participant$1,962
Average account balance$69,012
Benefits paid to participants$957,626
Plan auditUnmodified (clean) audit opinion
AuditorPICKETT, CHANEY & MC MULLEN LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.1M · 132 accts · $239K emplr
2023$8.3M · 132 accts · $231K emplr
2022$7.5M · 127 accts · $223K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,987
Investment management$17,415
Audit (IQPA)$10,350
Total administrative$43,752
The Abilene Machine LLC 401(k) match · 2024
Employer contribution per active participant$1,962
Median for plans this size$1,313
2024$1,962 per active participant
2023$1,845 per active participant
2022$1,846 per active participant

Abilene Machine LLC's 2024 employer contribution ran above the $1,313 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 · 20243
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$17,415
PICKETT, CHANEY & MCMULLEN LLP · Accounting / audit$10,350

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$43,752 · 0.50%
2023$40,345 · 0.51%
2022$43,362 · 0.49%
Same employer
Similar plansManufacturing · Kansas
Ptmw, Inc. KS$10.0M · 0.22%
Exline, Inc. KS$9.9M · 0.56%
Barkman Honey, LLC KS$9.4M · 0.39%
Purefield Ingredients LLC KS$9.2M · 0.10%
Usc, LLC KS$9.1M · 0.70%
Cox Machine, Inc. KS$9.0M · 0.36%
Zephyr Products, Inc. KS$9.0M · 1.07%
Hf Rubber Machinery, Inc. KS$8.9M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480810988 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.