Plan Ledger DOL Form 5500 · updated monthly

Abo Staffing Services, Inc.401(k)

AMERICA'S BACK OFFICE ASO 401(K) AND PROFIT SHARING PLAN (ABO STAFFING SERVICES, INC. · STERLING HEIGHTS, MI · plan year 2022

Reported admin expense ratio · 2022
2.14%

Abo Staffing Services, Inc. reported $1,735 in plan administrative expenses for 2022: 2.14% of average plan assets, higher than ~75% of peers. 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Michigan (2,603rd of 2,619), and 2,472nd of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$105,093
Participants with balances13
Active participants650
Employer contributions—
Employee contributions$65,548
Employer contribution per active participant—
Average account balance$8,084
Benefits paid to participants$11,707
Plan auditDisclaimer of opinion
AuditorJASON CLAUSEN PC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,735
Total administrative$1,735
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,735 · 2.14%
Same employer
Similar plansAdministrative & Support Services · Michigan
Common C Services, LLC MI$526K · 0.13%
Energy Group, Inc. MI$113K · 0.70%
Performance Dynamics LLC IL$111K · 3.98%

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Source: U.S. Department of Labor, Form 5500 series, EIN 844486717 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.