Plan Ledger DOL Form 5500 · updated monthly

Able Sales Co. Inc.Profit-sharing plan

ABLE SALES CO. INC. SAVINGS & INVESTMENT PLAN · SAN JUAN, PR · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Able Sales Co. Inc. reported $47,725 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. Employer contributions averaged $1,357 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 3 years on file its reported administrative ratio has held roughly steady near 0.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is the 132nd-largest of 323 plans among PR employers on file, and 3,120th of 4,246 in wholesale trade. In 2024, employees put in $1.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,598,191
Participants with balances325
Active participants227
Employer contributions$308,081
Employee contributions$484,740
Employer contribution per active participant$1,357
Average account balance$26,456
Benefits paid to participants$940,565
Plan auditUnmodified (clean) audit opinion
AuditorAQUINO, DE CORDOVA. LLC
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 325 accts · $308K emplr
2023$7.8M · 342 accts · $278K emplr
2022$7.0M · 303 accts · $250K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,002
Investment management$20,723
Total administrative$47,725
Employer contributions to the Able Sales Co. Inc. plan · 2024
Employer contribution per active participant$1,357
Median for plans this size$1,313
2024$1,357 per active participant
2023$1,198 per active participant
2022$1,164 per active participant

Able Sales Co. Inc.'s 2024 employer contribution ran above the $1,313 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 · 20242
NPPG RECORD KEEPING SOLUTIONS · Recordkeeping$27,002

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

Recordkeeper by year2
2024NPPG RECORD KEEPING SOLUTIONS
2023NPPG RECORD KEEPING SOLUTIONS

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

Administrative cost history3
2024$47,725 · 0.58%
2023$29,991 · 0.40%
2022$43,444 · 0.56%
Same employer
Similar plansWholesale Trade · PR
Puerto Rico Energy LLC PR$20.3M · 0.43%
Goya de Puerto Rico, Inc. PR$17.4M · 0.04%
Rr Group Retirement Plan PR$8.9M · 0.94%
Colomer & Suarez, Inc. PR$7.5M · 0.10%
Autogermana Bmw, Inc. PR$7.3M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660320315 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.