Plan Snapshot
- Plan Sponsor: Abt, INC.
- Sponsor EIN: 561634741
- Sponsor Address: 259 MURDOCK RD, TROUTMAN, NC, 28166
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 90
- Total Assets: $67
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 90 | $67 | $1.0M | $40,280 |
| 2023 | 86 | $94,480 | $135,524 | $10,070 |
| 2022 | 88 | $38,606 | $772,060 | $67,247 |
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 |
|---|---|---|---|---|
| ACS BENEFIT SERVICES, LLC | Other Service Provider | $48,613 | — | $48,613 |
| ECM SOLUTIONS | Investment Advisor | $33,150 | — | $33,150 |
| THE BENECON GROUP | Investment Advisor | $22,457 | — | $22,457 |
| CONNECTCARE3 | Other Service Provider | $6,034 | — | $6,034 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $110,254
- Estimated Expense Ratio: 164558.209% 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 | $1,075,406 | — | — | — | — |
| 2023 | $273,941 | — | — | — | — |
| 2022 | $944,003 | — | — | — | — |