401(k) · DOL Form 5500 · 2022

Absolute Concrete Construction, Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
264
Participants Below avg headcount
50th
Percentile by assets National rank
$18,184
Avg per participant Low balance/head
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Official DOL plan name: Absolute Group 401(k) Plan · Sponsored by Absolute Concrete Construction, Inc. · Iowa · Management of Enterprises

$5M in assets, 264 participants

Absolute Concrete Construction, Inc.'s Absolute Group 401(k) Plan reported $5M in total assets and 264 participants in its 2022 DOL Form 5500 filing, ranking in the 50th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #364 in Management of Enterprises (1,193 peers)

Coverage in Iowa

Absolute Group 401(k) Plan covers 264 participants in Iowa, about 43% of the average Iowa filer (state average ~609 per filing). Assets: $5M.

#364
in Management of Enterprises (1,193 peers)
-7.9%
assets change YoY

The plan reported a net loss of $409K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Absolute Group 401(k) Plan's mid-pack asset rank among Management of Enterprises and all filers

Absolute Group 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$4,800,559 Top 50% higher than 50% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Absolute Group 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Absolute Group 401(k) Plan sits mid-pack in the medium band (264 participants).

Plan-year Form 5500 strip

Filing strip 391953384 · Absolute Concrete Construction, Inc. PY 2022 · 401(k)

Absolute Group 401(k) Plan · $5M · 264 · 50th

  • NET $5M
  • NET 264
  • NET 50th
  • NET 401(k)
  • NET near Jeffrey J Kimbell & Associates 401(k) Profit Sharing Plan
  • NET ind #364

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Management of Enterprises retirement plans → · Plans in Iowa →

Absolute Group 401(k) Plan in the asset neighbourhood

Absolute Group 401(k) Plan$5MJeffrey J Kimbell & Associates 401(k) Profit Sharing PlanJeffrey J Kimbell & Associat…$5MBms Logistics, Inc. 401(k) PlanBms Logistics, Inc. 401(k) P…$5MZhang & Associates, P.C. 401(k) PlanZhang & Associates, P.C. 401…$5MWorld Wide Packaging, LLC 401(k) PlanWorld Wide Packaging, LLC 40…$5M
End-of-year total assets ($M) among Absolute Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Iowa filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$5M
Net Income-$409K
Employer EIN391953384
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Absolute Concrete Construction, Inc.)

Sponsor-wide plan assets over time

All Absolute Concrete Construction, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 69.12626217071804% vs 2022
2024 filing year
$4M$5M$6M$7M$8M$9M 202220232024 $4.8M $8.12M ▲ +69.2%
Year Plans Participants Total Assets
2022 1 264 $5M
2023 1 265 $7M
2024 1 286 $8M

Nearby 401(k) Plans in Iowa

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Absolute Group 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -101234 Total assets ($B) Participants Absolute Group 401(k) Plan, Total assets ($B): 0.004800559 · Participants: 264Absolute Group 401(k) PlanThe Principal Select Savings Plan, Total assets ($B): 3.613396259 · Participants: 12201The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.684422851 · Participants: 28603Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.447514997 · Participants: 59826The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.275604074 · Participants: 13793The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.116061137 · Participants: 7262Transamerica 401(k) Retirement Savings Plan
Absolute Group 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

Absolute Group 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Jeffrey J Kimbell & Associates 401(k) Profit Sharing Plan in DC ($5M); by covered participants it is Magnificus Corporation 401(k) Plan in MD (264 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (264 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Absolute Group 401(k) Plan assets move in 2022?
Absolute Group 401(k) Plan pulled back noticeably - down 7.9% during 2022, from $5M to $5M. Reported net income was -$409K.
How have Absolute Concrete Construction, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Absolute Concrete Construction, Inc.'s sponsor-wide assets grew 69.1%, from $5M to $8M.
Which 401(k) plans are similar in size to Absolute Group 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Jeffrey J Kimbell & Associates 401(k) Profit Sharing Plan in DC ($5M, 13 participants).
Which 401(k) plans cover a similar participant headcount to Absolute Group 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Magnificus Corporation 401(k) Plan in MD (264 participants, $2M in assets).