# Absolute Business Solutions Incorporated 401(k) Plan
Source: https://planprovider.pro/companies/absolute-business-solutions-incorporated-401k-plan

> Absolute Business Solutions Incorporated's 401(k) plan: 67 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Absolute Business Solutions Incorporated

- **Sponsor EIN:** 542061431

- **Sponsor Address:** 1660 INTERNATIONAL DRIVE, SUITE 600, MCLEAN, VA, 22102

- **Plan Type:** 401(k)

- **Total Participants:** 67

- **Total Assets:** $13.6M

## 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|67|$13.6M|$396,445|$944,903|

| 2023|121|$12.1M|$491,739|$1.2M|

| 2022|152|$8.8M|$364,723|$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|

| HOZIK & COMPANY, PLC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [HOZIK & COMPANY, PLC](https://planprovider.pro/provider/hozik-and-company-plc) — 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|$9,488|$2,622|$3,551|—|—|

| 2023|$8,653|$2,067|$3,480|—|—|

| 2022|$7,605|—|$7,605|—|—|

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