Retirement plan

ABATEMENT WORKERS NATIONAL DEFINED CONTRIBUTION PENSION PLAN

Name: ABATEMENT WORKERS NATIONAL DEFINED CONTRIBUTION PENSION PLAN - ABATEMENT WORKERS NATIONAL DEFINED CONTRIBUTION PENSION PLAN (2025) Form 5500
Creator: ABATEMENT WORKERS NATIONAL DEFINED CONTRIBUTION PENSION PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ABATEMENT WORKERS NATIONAL DEFINED CONTRIBUTION PENSION PLAN, ABATEMENT WORKERS NATIONAL DEFINED CONTRIBUTION PENSION PLAN

ABATEMENT WORKERS NATIONAL DEFINED CONTRIBUTION PENSION PLANEIN 38-3048188Plan #003PY 2025

700 TOWER DRIVE SUITE 300 - TROY, MI 48098248-813-9800

Prospect flagsLow returnsLow assets / participant

How to read this page

Total assets (EOY)

$45.2M

+1.9% from 2024

Total participants

2,629

+0.4% from 2024

Average account balance

$17,179

+1.5% from 2024

Annual return

7.53%

-8.31 pp from 2024

Benchmarks

See 215 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort215 peers

Snapshot2025

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

$45.16M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$17K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

2,629

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.71M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+7.53%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$106

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 8 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY4 years Filed as: PRINCIPAL LIFE INSURANCE CO Service code 13 · EIN 42-0127290	Contract Administrator	$230,407
MORGAN STANLEY SMITH BARNEY6 years Filed as: MORGAN STANLEY Service code 33 · EIN 26-4310844	Direct payment from the plan; Securit...	$90,000
NOVARA, TESIJA & CATENACCI, PLLC4 years Filed as: NOVARA, TESIJA Service code 29 · EIN 38-2823147	Legal	$88,289
BENESYS, INC.4 years Filed as: BENESYS, INC Service code 14 · EIN 38-2383171	Plan Administrator	$48,857
WRUBEL WESLEY AND COMPANY C.P.A.'S3 years Filed as: WRUBEL WESLEY & CO CPAS Service code 10 · EIN 38-2574238	Accounting	$19,700
STAFANSKY HOLLAWAY2 years Service code 10 22260 HAGERTY ROAD · NORTHVILLE, MI 48167	Accounting	$12,792
PNC BANK, N.A.3 years Filed as: PNC BANK Service code 50 · EIN 22-1146430	Direct Payment	$8,263
ABATEMENT PENSION FUND3 years Service code 13 · EIN 38-3048188	Contract Administrator	$5,850

Plan features & details

Pension benefit codes2C2G

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$278K

$106 / participant

Recordkeeping$13K4.6%
Trustee / custodial$21K7.7%
Investment mgmt$72K25.9%
Legal$88K31.8%
Contract admin$48K17.2%
Other / not subdivided$36K12.8%

% of EOY assets

0.616%

all-in expense ratio

Categories reported

5 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: WESLEY HADDAD & COMPANY CPAS LLC
Auditor EIN: 392254216
Audit fees: $19,700
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$17,179

$103,641-83.4%

$107,525-84.0%

$102,872-83.3%

Participation rate

100.0%

79.4%+20.6pp

75.1%+24.9pp

73.0%+27.0pp

Annual return

7.53%

13.08%-5.5pp

181.32%-173.8pp

19.06%-11.5pp

Employer contribution / active EE

$1,416

$5,096-72.2%

$3,754-62.3%

$3,526-59.9%

Participant deferral / active EE

$3,789-100.0%

$5,116-100.0%

$5,535-100.0%

Admin fee / account holder

$106

$276-61.7%

$8,919-98.8%

$292-63.8%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY4 years

Filed as: PRINCIPAL LIFE INSURANCE CO

Service code 13 · EIN 42-0127290

Contract Administrator

$230,407

MORGAN STANLEY SMITH BARNEY6 years

Filed as: MORGAN STANLEY

Service code 33 · EIN 26-4310844

Direct payment from the plan; Securit...

$90,000

NOVARA, TESIJA & CATENACCI, PLLC4 years

Filed as: NOVARA, TESIJA

Service code 29 · EIN 38-2823147

Legal

$88,289

BENESYS, INC.4 years

Filed as: BENESYS, INC

Service code 14 · EIN 38-2383171

Plan Administrator

$48,857

WRUBEL WESLEY AND COMPANY C.P.A.'S3 years

Filed as: WRUBEL WESLEY & CO CPAS

Service code 10 · EIN 38-2574238

Accounting

$19,700

STAFANSKY HOLLAWAY2 years

Service code 10

22260 HAGERTY ROAD · NORTHVILLE, MI 48167

Accounting

$12,792

PNC BANK, N.A.3 years

Filed as: PNC BANK

Service code 50 · EIN 22-1146430

Direct Payment

$8,263

ABATEMENT PENSION FUND3 years

Service code 13 · EIN 38-3048188

Contract Administrator

$5,850

ABATEMENT WORKERS NATIONAL DEFINED CONTRIBUTION PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ABATEMENT WORKERS NATIONAL DEFINED CONTRIBUTION PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion