Plan Ledger DOL Form 5500 · updated monthly

Able, Inc.403(b)

ABLE, INC. 403(B) PLAN · DICKINSON, ND · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Able, Inc. reported $16,598 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $848 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 0.12% to 0.13%. 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 North Dakota (155th of 279), and the 4,893rd of 11,911 in health care & social assistance. In 2024, employees put in $1.46 for every $1.00 the employer contributed; active participation has grown from 253 to 287 since 2022.

Plan summary
Net assets, end of year$13,078,120
Participants with balances330
Active participants287
Employer contributions$243,330
Employee contributions$355,813
Employer contribution per active participant$848
Average account balance$39,631
Benefits paid to participants$1,199,134
Plan auditUnmodified (clean) audit opinion
AuditorBRADY MARTZ, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$13.1M · 330 accts · $243K emplr
2023$12.3M · 324 accts · $247K emplr
2022$10.7M · 325 accts · $229K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,598
Total administrative$16,598
Employer contributions to the Able, Inc. plan · 2024
Employer contribution per active participant$848
Median for plans this size$2,416
2024$848 per active participant
2023$948 per active participant
2022$905 per active participant

Able, 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 · 20241
BRAVERA WEALTH · Recordkeeping · Trustee$16,013

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

Recordkeeper by year2
2024BRAVERA WEALTH
2023BRAVERA WEALTH

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

Administrative cost history3
2024$16,598 · 0.13%
2023$16,396 · 0.14%
2022$12,357 · 0.12%
Similar plansHealth Care & Social Assistance · North Dakota
Development Homes, Inc. ND$14.5M · 0.50%
Sakakawea Medical Center ND$13.8M · 0.73%
Bethany Retirement Living ND$13.3M · 0.62%
Unity Medical Center ND$11.7M · 0.30%
Enable, Inc. ND$11.6M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450379352 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.