Plan Ledger DOL Form 5500 · updated monthly

Abilities Richmond, Inc401(k)

ABILITIES RICHMOND, INC · RICHMOND, IN · plan year 2024

Employer contribution per participant · 2024
$195

Abilities Richmond, Inc's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $52,034 across 102 participant accounts, with employer contributions averaging $195 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Indiana (1,557th of 1,562), and 3,306th of 3,341 in other services. In 2024, employees put in $1.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$52,034
Participants with balances102
Active participants133
Employer contributions$25,996
Employee contributions$27,026
Employer contribution per active participant$195
Average account balance$510
Benefits paid to participants$199
The Abilities Richmond, Inc 401(k) match · 2024
Employer contribution per active participant$195
Median for plans this size$540

Abilities Richmond, Inc's 2024 employer contribution ran below the $540 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.

Similar plansOther Services · Indiana
Women's Care Center IN$391K · 0.01%
The Wright Cut Inc IN$295K · 0.77%
Pmgg LLC 401(K) IN$82K · 2.12%
H & H Coldwater LLC IN$23K · 1.96%
P D Q Inc IN$8K · 2.31%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 264527510 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.