Plan Ledger DOL Form 5500 · updated monthly

Ability Beyond Disability, IncDC plan

403(B)THRIFT PLAN OF ABILITY BEYOND DISABILITY, INC. · BETHEL, CT · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Ability Beyond Disability, Inc reported $8,974 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,663 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 0.01% to 0.03%. 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 the 430th-largest of 1,106 plans among Connecticut employers on file, and the 2,802nd of 11,911 in health care & social assistance. In 2024, the employer put in $1.51 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$29,708,696
Participants with balances1,230
Active participants1,134
Employer contributions$1,886,062
Employee contributions$1,247,395
Employer contribution per active participant$1,663
Average account balance$24,153
Benefits paid to participants$2,727,847
Plan auditUnmodified (clean) audit opinion
AuditorBAKERTILLY
Plan history3
Yearassets · accounts · employer contribution
2024$29.7M · 1,230 accts · $1.9M emplr
2023$25.9M · 746 accts · $1.3M emplr
2022$21.8M · 477 accts
Employer contributions to the Ability Beyond Disability, Inc plan · 2024
Employer contribution per active participant$1,663
Median for plans this size$2,416
2024$1,663 per active participant
2023$1,160 per active participant

Ability Beyond Disability, Inc's 2024 employer contribution ran below 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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$11,074

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$8,974 · 0.03%
2023$3,523 · 0.01%
2022$2,388 · 0.01%
Same employer
Similar plansHealth Care & Social Assistance · Connecticut
Jewish Senior Services CT$32.0M · 0.51%
Optimus Health Care, Inc. CT$28.6M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060776594 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.