Affordable Business Solutions, Inc.401(k)
AFFORDABLE BUSINESS SOLUTIONS RETIREMENT PLAN · MACON, GA · plan year 2023
Affordable Business Solutions, Inc.'s 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $3,629,385 across 350 participant accounts, with employer contributions averaging $1,963 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Georgia (1,762nd of 2,160), and 1,641st of 2,534 in administrative & support services. In 2023, employees put in $1.37 for every $1.00 the employer contributed; active participation has shrunk from 443 to 155 since 2022.
Affordable Business Solutions, Inc.'s 2023 employer contribution ran above the $1,308 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.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 831159645 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.