Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Abco Automation, Inc. Employees' 401(K) And Retirement Plan is a benefit plan reported by Abco Automation, Inc. under EIN 56-1529470 and plan number 001. The latest loaded filing year is 2023. The filing reports 176 participants and $13,275,052 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,275,052
- Total liabilities (EOY)
- $8,793
- Net assets (EOY)
- $13,266,259
- Net assets (BOY)
- $11,008,643
Income & contributions
- Employer contributions
- $183,659
- Participant contributions
- $694,763
- Total contributions
- $949,018
- Total income / additions
- $2,901,839
Expenses & distributions
- Benefits paid
- $629,028
- Administrative expenses
- $6,402
- Total expenses
- $644,223
- Net increase / (decrease)
- $2,257,616