Plan Snapshot
- Plan Sponsor: Abt Global INC
- Sponsor EIN: 934368162
- Sponsor Address: 10 FAWCETT STREET, CAMBRIDGE, MA, 021381192
- Plan Type: 401(k)
- Total Participants: 1,215
- Total Assets: $427.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 1,215 | $427.9M | $7.8M | $15.0M |
| 2023 | 1,242 | $389.1M | $7.9M | $14.7M |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | Auditor | $15,600 | — | $15,600 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,600
- Estimated Expense Ratio: 0.004% 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 | $253,741 | $98,482 | — | $15,600 | — |
| 2023 | $269,499 | $76,491 | $600 | $16,900 | — |