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  2. ABLENET, INC.
Sponsor portfolioTH

ABLENET, INC.

EIN 41-1676309-medical devices-Latest filing 2025
Plans
5
Retirement
2
$466.7M assets
Welfare
3
$2.9M premiums
Participants
597
2625 PATTON ROAD - ROSEVILLE, MN 55113651-294-2209ablenetinc.comLinkedIn51-200 employeesmedical devices
Plans on this EIN
5 filings
#001ESOP-$459.8M - 217 part#002401k-$6.9M - 206 part#501Fully Insured-$2.9M - 415 lives#502Fully Insured-$17K - 315 lives#503Fully Insured-100 lives

Retirement portfolio analytics

2 plans aggregated / $466.7M assets / 423 participants

Assets by plan

Share of aggregate retirement assets

99%top
  • EMPLOYEE STOCK OWNERSHIP (#001)99%
  • ABLENET, INC. 401(K) (#002)1%
Total $466.7MClick slice to drill in

Recordkeeper share

DC plan assets by Schedule C recordkeeper

Entrenched
99%top
  • (Not disclosed)99%
  • ADP BROKER-DEALER1%
Total $466.7MClick slice to drill in

Participants by plan

Active + retired + deferred vested

  • EMPLOYEE STOCK OWNERSHIP (#001)217
  • ABLENET, INC. 401(K) (#002)206
Total 423Click row to drill in

Benefits portfolio analytics

3 plans / $2.9M premiums / 830 covered lives

Coverage by line

Premium dollars by benefit type (bundled lines overlap)

  • Health$2.5M
  • Prescription drug$2.5M
  • Other$362K
  • Dental$313K
  • Life$313K
  • Long-term disability$313K
  • +1 more
Total $2.9M7 rows

Carrier market share

Premium dollars by Schedule A carrier

Multi-vendor
87%top
  • BLUE CROSS OF CALIFORNIA87%
  • METROPOLITAN LIFE INSURANCE COMPANY11%
  • LEGALPLANS, USA2%
  • EYEMED VISION CARE1%
Total $2.9M4 slices

Broker market share

Schedule A broker compensation

Split broker
79%top
  • GALLAGHER BENEFIT SERVICES, INC.79%
  • NATIONAL ENROLLMENT PARTNERS LLC11%
  • MARC A GROVE10%
Total $166K3 slices

Plan deep-dives

Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.
Retirement#001

ABLENET, INC. EMPLOYEE STOCK OWNERSHIP PLAN

ESOP

Assets$459.8M
Participants217
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#002

ABLENET, INC. 401(K) PLAN

401k

Assets$6.9M
Participants206
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501

ABLENET, INC HEALTH AND WELFARE PLAN

Fully Insured - BLUECROSS BLUESHIELD OF MINNESOTA

Premiums$2.9M
Covered lives415
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#502

ABLENET, INC. DENTAL, LIFE AND DISABILITY PLAN

Fully Insured - METROPOLITAN LIFE INSURANCE COMPANY

Premiums$17K
Covered lives315
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#503

ABLENET, INC. MEDICAL PLAN

Fully Insured - BLUECROSS BLUESHIELD

Premiums$0
Covered lives100
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive

Retirement plans2

Plan #NameTypeAssetsParticipantsLatest year
001ABLENET, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP$459.8M2172025
002ABLENET, INC. 401(K) PLAN401k$6.9M2062025

Welfare plans3

Plan #NameFundingCarrierPremiumsCoveredLatest year
501ABLENET, INC HEALTH AND WELFARE PLANFully InsuredBLUECROSS BLUESHIELD OF MINNESOTA$2.9M4152025
502ABLENET, INC. DENTAL, LIFE AND DISABILITY PLANFully InsuredMETROPOLITAN LIFE INSURANCE COMPANY$17K3152024
503ABLENET, INC. MEDICAL PLANFully InsuredBLUECROSS BLUESHIELD$01002024
Retirement plans
Welfare plans
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