Abt Global Inc 401(k) Review & Grade
Abt Associates Inc. Profit Sharing and Savings Plan
Cambridge, MAProfessional, Scientific & Technical Services1,228 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$6,371Employer $ per active participant
$12,193Employee $ saved per active participant
0.06%Direct admin cost, % of plan assets
$427.9MNet plan assets, end of year
$176,235Average balance per account
Score breakdown
- Employer generosity40.5 / 5081th percentile for employer $ per participant
- Low cost20.9 / 2584th percentile for low admin cost vs. same-size plans
- Employee saving11.3 / 1576th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score80 / 100 · Grade A
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 81th |
| Lower admin cost | 84th |
| Employee saving | 76th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Corrective distributions: the plan refunded $82,551 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Abt Global put in about $6,371 per active participant, more than the typical peer ($3,082). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $7,827,228 |
| Participant (employee) contributions | $14,978,532 |
| Other contributions (incl. rollovers in) | $7,529,350 |
| Administrative expenses paid from the plan | $253,741 |
| Investment advisory & management fees | $98,482 |
| Other admin expenses | $46,334 |
| Benefits paid out | $47,590,706 |
| Net assets, start / end of year | $389.1M / $427.9M |
| Active participants, start / end of year | 1,242 / 1,215 |
| Participants with account balances | 2,428 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Cbiz Cpas P.C. |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $98,482 reported compensation |
| Fidelity Investments Institutional | $93,899 reported compensation |
| Capfinancial Partners, LLC | $46,274 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251011095927NAL0008895473001, received 2025-10-11, EIN 93-4368162, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.