Plan Ledger DOL Form 5500 · updated monthly

Abl Space Systems Company401(k)

ABL SPACE SYSTEMS COMPANY 401(K) PLAN · EL SEGUNDO, CA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Abl Space Systems Company reported $6,248 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,219 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 fell from 0.08% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 4,036th-largest of 9,483 plans among California employers on file, and the 6,537th of 13,661 in manufacturing. In 2024, employees put in $2.04 for every $1.00 the employer contributed; active participation has shrunk from 369 to 139 since 2022.

Plan summary
Net assets, end of year$17,130,777
Participants with balances369
Active participants139
Employer contributions$1,281,454
Employee contributions$2,615,775
Employer contribution per active participant$9,219
Average account balance$46,425
Benefits paid to participants$3,490,258
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.1M · 369 accts · $1.3M emplr
2023$14.0M · 445 accts · $1.7M emplr
2022$8.5M · 463 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,493
Investment management$3,755
Total administrative$6,248
The Abl Space Systems Company 401(k) match · 2024
Employer contribution per active participant$9,219
Median for plans this size$2,416
2024$9,219 per active participant
2023$6,043 per active participant
2022$3,960 per active participant

Abl Space Systems Company'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,493

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$6,248 · 0.04%
2023$8,122 · 0.07%
2022$4,886 · 0.08%
Same employer
Similar plansManufacturing · California
Vertos Medical, Inc. CA$17.3M · 0.16%
Ventura Coastal, LLC. CA$17.3M · 0.43%
Exaktime Innovations, Inc. CA$17.3M · 0.73%
Brek Manufacturing Co. CA$17.2M · 0.07%
VELO3D, Inc. CA$17.1M · 0.19%
Nhs, Inc. CA$17.1M · 0.34%
Pgp International, Inc. CA$17.1M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822402259 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.