The Abbe Group Retirement Plan — Form 5500 plan (Abbe, Inc)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, The Abbe Group Retirement Plan is a benefit plan reported by Abbe, Inc under EIN 42-1373123 and plan number 001. The latest loaded filing year is 2023. The filing reports 489 participants and $16,889,926 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$16.9MPlan net assets, end of year$16,889,926
Participants489Covered participants reported
Assets / participant$34.5KComputed: assets ÷ participants$34,540 (computed)
Provider compensation$89.4K2 Schedule C provider row(s)$89,418
Plan sponsor
Abbe, Inc
EIN
42-1373123
Plan number
001
Plan type
2
Location
Hiawatha, IA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023489H, C20241010100346NAL0019894065001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$16.9M total assets
Net assets$16.9MLiabilities$0
Money in vs. money out
Total income / additions$2M
Total expenses$1.7M
Benefits paid / distributions$1.7M
Contributions
Employer$15.4K
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$16,889,926
Total liabilities (EOY)
$0
Net assets (EOY)
$16,889,926
Net assets (BOY)
$16,661,671

Income & contributions

Employer contributions
$15,417
Total contributions
$36,521
Total income / additions
$1,971,650

Expenses & distributions

Benefits paid
$1,653,977
Administrative expenses
$89,418
Total expenses
$1,743,395
Net increase / (decrease)
$228,255
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets10%Computed ratio
Benefits paid ÷ total income84%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
American Trust CompanyCONTRACT ADMIN$53,463$02023
Strategic Financial SolutionsINVESTMENT ADVISOR$35,955not reported in the loaded dataset2023

Related Form 5500 pages