Ableto 401(K) Plan — Form 5500 plan (Ableto, 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, Ableto 401(K) Plan is a benefit plan reported by Ableto, Inc. under EIN 46-2468224 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,931 participants and $0 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$0Plan net assets, end of year
Participants1.9KCovered participants reported1,931
Assets / participant$0Computed: assets ÷ participants$0 (computed)
Provider compensation$28.7K1 Schedule C provider row(s)$28,668
Plan sponsor
Ableto, Inc.
EIN
46-2468224
Plan number
001
Plan type
2
Location
Minnetonka, MN
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,931H, C20240731111126NAL0048298962001
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.

Money in vs. money out
Total income / additions$8.3M
Total expenses$2.7M
Benefits paid / distributions$2.6M
Contributions
Employer$841K
Participant$4.3M
Full reported line items

Net assets

Total assets (EOY)
$0
Total liabilities (EOY)
$0
Net assets (EOY)
$0
Net assets (BOY)
$17,818,844

Income & contributions

Employer contributions
$841,045
Participant contributions
$4,323,814
Total contributions
$5,660,416
Total income / additions
$8,308,868

Expenses & distributions

Benefits paid
$2,633,000
Administrative expenses
$28,668
Total expenses
$2,742,419
Net increase / (decrease)
$5,566,449
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.

Contribution share (employer vs. participant)
Employer 16%Participant 84%
Benefits paid ÷ total income32%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Invest Inst Op Co, LLCRECORDKEEPER$28,668$02023

Related Form 5500 pages