Plan Snapshot
- Plan Sponsor: Abt Electronics, INC.
- Sponsor EIN: 362816342
- Sponsor Address: 1200 MILWAUKEE AVENUE, GLENVIEW, IL, 60025
- Plan Type: 401(k)
- Total Participants: 1,718
- Total Assets: $124.7M
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 | 1,718 | $124.7M | $1.5M | $7.8M |
| 2023 | 1,706 | $107.6M | $2.3M | $6.8M |
| 2022 | 1,627 | $84.4M | $74,803 | $6.3M |
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 |
|---|---|---|---|---|
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — 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 | $244,133 | $35,215 | $19 | — | — |
| 2023 | $216,521 | $43,437 | $18,776 | — | — |
| 2022 | $231,423 | $49,966 | — | — | $19,338 |