Plan Ledger DOL Form 5500 · updated monthly

Ablelight Inc.403(b)

ABLELIGHT, INC. 403(B) PLAN · WATERTOWN, WI · plan year 2024

Reported admin expense ratio · 2024
0.81%

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

Ablelight Inc. reported $230,625 in plan administrative expenses for 2024: 0.81% of average plan assets, higher than ~90% of peers. Employer contributions averaged $960 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 1 year on file its reported administrative ratio rose from 0.44% to 0.81%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 639th-largest of 1,936 plans among Wisconsin employers on file, and the 719th of 3,341 in other services. In 2024, employees put in $2.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,004,196
Participants with balances1,825
Active participants1,321
Employer contributions$1,267,733
Employee contributions$3,145,560
Employer contribution per active participant$960
Average account balance$16,441
Benefits paid to participants$4,790,567
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$30.0M · 1,825 accts · $1.3M emplr
2023$26.6M · 1,744 accts · $562K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$230,625
Total administrative$230,625
Employer contributions to the Ablelight Inc. plan · 2024
Employer contribution per active participant$960
Median for plans this size$2,416
2024$960 per active participant
2023$438 per active participant

Ablelight 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
LINCOLN NATIONAL CORPORATION · Contract administrator$230,625

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

Administrative cost history2
2024$230,625 · 0.81%
2023$115,146 · 0.44%
Same employer
Similar plansOther Services · Wisconsin
Itu Absorbtech, Inc WI$49.3M · 0.03%
Delta Defense, LLC WI$28.5M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390806446 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.