Abel Hr, Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2021. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Abel Hr, Inc. 401(k) Plan Facts (plan year 2021)

Plan name
ABEL HR MULTI 401(K) AND SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ABEL HR, INC.
Participants
997 (864 active employees)
Former employees with a balance
80
Plan assets
$51,572,530 at Dec 31, 2021
Average account balance
$96,941 across 532 accounts
Employer contributions
$1,152,505 in plan year 2021 (25% of all contributions)
Recordkeeper
The Retirement Plan Company Llc
Plan year
Jan 1, 2021 – Dec 31, 2021
Plan established
May 1, 2002
Employer contributions Automatic enrollment Default investment for undecided participants Participants choose their own investments Self-directed brokerage window Profit sharing Company stock (ESOP)

Source: Form 5500 for plan year 2021 (Jan 1, 2021 – Dec 31, 2021), filed Dec 28, 2022. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2021

  • $4.56 million went into the plan in contributions, $1.15 million of it from the employer (25%).
  • $4.88 million was paid out to participants.
  • Investment and other income added $5.51 million.
  • Administrative expenses were $109,764, about $206 per account.

How the Abel Hr, Inc. 401(k) changed, 20162021

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2016968$25.6 million$652,845$1.41 million
2017799$26.0 million$671,243$1.47 million
20181,166$28.8 million$1.15 million$751,435
20191,245$39.1 million$1.27 million$2.47 million
20201,211$44.8 million$1.02 million$3.56 million
2021997$51.6 million$1.15 million$4.88 million

Abel Hr, Inc. 401(k) Contact Information

Phone
609-860-0400
Mailing address
2 CORPORATE DRIVE, CRANBURY NJ 08512
Plan sponsor
ABEL HR, INC.
Plan administrator
NPPG FIDUCIARY SERVICES, INC.
Employer identification number (EIN)
22-3163382
Plan number
333

Questions about the Abel Hr, Inc. 401(k)

Is the Abel Hr, Inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2021, and no later filing was found under this employer's EIN.

Does Abel Hr, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2021 the employer contributed $1.15 million, 25% of all contributions.

Does the Abel Hr, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Abel Hr, Inc 401(k) plan?

997 participants at the start of plan year 2021, 864 of them active employees, and 80 former employees who still had money in the plan.

What is the average 401(k) balance at Abel Hr, Inc?

About $96,941 per account: $51.6 million in plan assets across 532 accounts with a balance at the end of plan year 2021.

Who manages the Abel Hr, Inc 401(k) accounts?

Lincoln Financial (listed on the filing as THE RETIREMENT PLAN COMPANY LLC) is the plan's recordkeeper, which is where participants log in to see their balance.

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