Plan Ledger DOL Form 5500 · updated monthly

Abt Electronics, Inc.401(k)

ABT ELECTRONICS, INC. 401(K) RETIREMENT SAVINGS PLAN AND TRUST · GLENVIEW, IL · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Abt Electronics, Inc. reported $244,133 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $888 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 fell from 0.24% to 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 476th-largest of 3,702 plans among Illinois employers on file, and the 311th of 5,215 in retail trade. In 2024, employees put in $5.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$124,736,834
Participants with balances1,942
Active participants1,718
Employer contributions$1,525,342
Employee contributions$7,785,914
Employer contribution per active participant$888
Average account balance$64,231
Benefits paid to participants$10,427,618
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$124.7M · 1,942 accts · $1.5M emplr
2023$107.6M · 1,799 accts · $2.3M emplr
2022$84.4M · 1,675 accts · $75K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$191,714
Investment management$35,215
Total administrative$244,133
The Abt Electronics, Inc. 401(k) match · 2024
Employer contribution per active participant$888
Median for plans this size$3,635
2024$888 per active participant
2023$1,369 per active participant
2022$46 per active participant

Abt Electronics, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20244
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$196,986
SAGEVIEW ADVISORY GROUP · Investment management$30,000
FORVIS LLP · Legal$17,204
FORVIS, LLP · Investment management$9,450

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$244,133 · 0.21%
2023$216,521 · 0.23%
2022$231,423 · 0.24%
Same employer
Similar plansRetail Trade · Illinois
Cwgs Group, LLC IL$341.7M · 0.37%
Peapod Digital Labs, LLC IL$156.2M · 0.01%
Bge, LTD. IL$126.2M · 0.02%
Martin & Bayley, Inc. IL$120.6M · 0.01%
Campagna-Turano Bakery, Inc. IL$103.5M · 0.19%
Dick Blick Holdings, Inc. IL$102.1M · 0.15%
M. E. Fields, Inc. IL$94.8M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362816342 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.