Plan Ledger DOL Form 5500 · updated monthly

Absolute Security International, Inc.401(k)

ABSOLUTE SECURITY INTERNATIONAL 401(K) PLAN · EL MONTE, CA · plan year 2023

Reported admin expense ratio · 2023
4.82%

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

Absolute Security International, Inc. reported $17,955 in plan administrative expenses for 2023: 4.82% of average plan assets, higher than ~90% of peers. Employer contributions averaged $170 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 2.97% to 4.82%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in California (9,114th of 9,483), and 2,364th of 2,534 in administrative & support services. In 2023, employees put in $2.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$446,936
Participants with balances147
Active participants256
Employer contributions$43,408
Employee contributions$110,054
Employer contribution per active participant$170
Average account balance$3,040
Benefits paid to participants$47,065
Plan auditUnmodified (clean) audit opinion
AuditorBDG-CPAS
Plan history2
Yearassets · accounts · employer contribution
2023$447K · 147 accts · $43K emplr
2022$298K · 146 accts · $60K emplr
The Absolute Security International, Inc. 401(k) match · 2023
Employer contribution per active participant$170
Median for plans this size$522
2023$170 per active participant
2022$216 per active participant

Absolute Security International, Inc.'s 2023 employer contribution ran below the $522 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
T. ROWE PRICE RETIREMENT PLAN SERV · Contract administrator$17,955

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

Administrative cost history2
2023$17,955 · 4.82%
2022$7,233 · 2.97%
Similar plansAdministrative & Support Services · California
Talent & Acquisition LLC CA$482K · 1.02%
Spectrum Bsa Inc CA$412K · 0.68%
Execushield, Inc. CA$383K · 1.35%
Treeline Inc. CA$373K · 1.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263437797 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.