Plan Ledger DOL Form 5500 · updated monthly

Abilis, Inc.401(k)

ABILIS, INC. RETIREMENT PLAN · GREENWICH, CT · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Abilis, Inc. reported $53,521 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $1,005 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 0.26% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Connecticut (581st of 1,106), and the 3,949th of 11,911 in health care & social assistance. In 2024, employees put in $2.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,155,352
Participants with balances421
Active participants363
Employer contributions$364,787
Employee contributions$792,744
Employer contribution per active participant$1,005
Average account balance$43,124
Benefits paid to participants$2,097,104
Plan auditUnmodified (clean) audit opinion
AuditorGUILMARTIN DIPIRO SOKOLOWSKI LLC
Plan history3
Yearassets · accounts · employer contribution
2024$18.2M · 421 accts · $365K emplr
2023$17.4M · 434 accts · $1.6M emplr
2022$13.1M · 402 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,548
Investment management$17,339
Total administrative$53,521
The Abilis, Inc. 401(k) match · 2024
Employer contribution per active participant$1,005
Median for plans this size$2,416
2024$1,005 per active participant
2023$3,832 per active participant
2022$4,684 per active participant

Abilis, 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$20,548
ALERA INVESTMENT ADVISORS LLC · Investment advisory (plan)$16,850

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$53,521 · 0.30%
2023$36,889 · 0.24%
2022$30,209 · 0.26%
Same employer
Similar plansHealth Care & Social Assistance · Connecticut
Cw Group, Inc. CT$20.7M · 0.64%
Apt Foundation Inc. CT$19.6M · 0.17%
Intercommunity, Inc. CT$19.4M · 0.09%
Access Rehab Centers, LLC CT$18.4M · 0.47%
Waveny Care Center CT$17.9M · 0.37%
Bhcare, Inc. CT$17.7M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 066009327 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.