Plan Snapshot
- Plan Sponsor: Able Maintenance, INC.
- Sponsor EIN: 942252027
- Sponsor Address: 680 QUINN AVE., SAN JOSE, CA, 95112
- Plan Type: 401(k)
- Total Participants: 247
- Total Assets: $19.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 247 | $19.9M | $272,728 | $1.0M |
| 2023 | 234 | $18.3M | $263,023 | $974,644 |
| 2022 | 223 | $16.6M | $265,487 | $1.0M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| SILICON VALLEY ACCOUNTANTY CORP | Auditor | $5,147 | — | $5,147 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,147
- Estimated Expense Ratio: 0.026% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $124,868 | $112,898 | — | $5,147 | — |
| 2023 | $123,574 | $102,561 | — | $14,738 | — |
| 2022 | $130,818 | $104,386 | $8,612 | — | — |