Plan Snapshot
- Plan Sponsor: Abm Industries Incorporated
- Sponsor EIN: 941369354
- Sponsor Address: ONE LIBERTY PLAZA, 7TH FLOOR, NEW YORK, NY, 10006
- Plan Type: 401(k)
- Total Participants: 85,004
- Total Assets: $695.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 85,004 | $695.8M | $23.4M | $42.9M |
| 2023 | 85,460 | $624.4M | $23.0M | $41.3M |
| 2022 | 61,715 | $491.7M | $20.2M | $35.8M |
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 |
|---|---|---|---|---|
| KPMG | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KPMG — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $1,023,710 | $92,500 | — | — | — |
| 2023 | $1,031,842 | $55,500 | — | — | — |
| 2022 | $1,046,209 | — | — | — | — |