Abt Associates Inc 401(k) Plan: Login, Facts & Contact Information

Abt Associates Inc 401(k) Plan Facts

Plan name
ABT ASSOCIATES INC. PROFIT SHARING AND SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ABT ASSOCIATES INC
Participants
2,298 (1,228 active employees)
Former employees with a balance
1,121
Plan assets
$297,855,780 at Dec 31, 2022
Average account balance
$127,725 across 2,332 accounts
Employer contributions
$7,054,548 in plan year 2022 (29% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2022 – Dec 31, 2022
Plan established
Jan 31, 1990
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 2022 (Jan 1, 2022 – Dec 31, 2022), filed Oct 16, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $24.1 million went into the plan in contributions, $7.05 million of it from the employer (29%).
  • $27.7 million was paid out to participants.
  • Administrative expenses were $245,042, about $105 per account.

How the Abt Associates Inc 401(k) changed, 20172022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20171,918$248.2 million$5.71 million$16.1 million
20182,332$235.7 million$5.81 million$15.9 million
20192,274$283.5 million$5.32 million$23.4 million
20202,200$324.1 million$5.97 million$24.4 million
20212,179$369.1 million$6.00 million$26.4 million
20222,298$297.9 million$7.05 million$27.7 million

Abt Associates Inc 401(k) Contact Information

Phone
617-492-7100
Mailing address
10 FAWCETT STREET, CAMBRIDGE MA 021381192
Plan sponsor
ABT ASSOCIATES INC
Employer identification number (EIN)
04-2347643
Plan number
003

Questions about the Abt Associates Inc 401(k)

Does Abt Associates Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $7.05 million, 29% of all contributions.

Does the Abt Associates Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Abt Associates Inc 401(k) plan?

2,298 participants at the start of plan year 2022, 1,228 of them active employees, and 1,121 former employees who still had money in the plan.

What is the average 401(k) balance at Abt Associates Inc?

About $127,725 per account: $297.9 million in plan assets across 2,332 accounts with a balance at the end of plan year 2022.

Who manages the Abt Associates Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Abt Associates Inc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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