Other · DOL Form 5500 · 2022

Ability Building Center, Inc. Retirement Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
184
Participants Below avg headcount
49th
Percentile by assets National rank
$24,889
Avg per participant Low balance/head
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Official DOL plan name: Ability Building Center 403(b) Retirement Savings Plan · Sponsored by Ability Building Center, Inc. · Minnesota · Healthcare & Social Assistance

$5M in assets, 184 participants

Ability Building Center, Inc.'s Ability Building Center 403(b) Retirement Savings Plan reported $5M in total assets and 184 participants in its 2022 DOL Form 5500 filing, ranking in the 49th 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.

  • #10,863 in Healthcare & Social Assistance (20,060 peers)

Coverage in Minnesota

Ability Building Center 403(b) Retirement Savings Plan covers 184 participants in Minnesota, about 16% of the average Minnesota filer (state average ~1,126 per filing). Assets: $5M.

#10,863
in Healthcare & Social Assistance (20,060 peers)
-11.0%
assets change YoY

The plan reported a net loss of $568K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Ability Building Center 403(b) Retirement Savings Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Ability Building Center 403(b) Retirement Savings Plan vs every filed plan by assets

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

$4,579,512 49th percentile higher than 49% 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

Ability Building Center 403(b) Retirement Savings 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. Ability Building Center 403(b) Retirement Savings Plan sits mid-pack in the medium band (184 participants).

Form 5500 schedule snapshot

Filing strip 410829178 · Ability Building Center, Inc. PY 2022 · Other

Ability Building Center 403(b) Retirement Savings Plan · $5M · 184 · 49th

  • PCT $5M
  • PCT 184
  • PCT 49th
  • PCT Other
  • PCT near Akron-Canton Regional Foodbank 403(b) Plan
  • PCT ind #10863

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 Healthcare & Social Assistance retirement plans → · Plans in Minnesota →

Ability Building Center 403(b) Retirement Savings Plan in the asset neighbourhood

Ability Building Center 403(b) Retirement Savings PlanAbility Building Center 403(…$5MAkron-Canton Regional Foodbank 403(b) PlanAkron-Canton Regional Foodba…$5MClarks Summit University 403(b) PlanClarks Summit University 403…$5MNorth, Inc. Employee Savings PlanNorth, Inc. Employee Savings…$5MSouthwestern Illinois Visiting Nurse Association Employees Retirement PlanSouthwestern Illinois Visiti…$5M
End-of-year total assets ($M) among Ability Building Center 403(b) Retirement Savings Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$5M
Net Income-$568K
Employer EIN410829178
Plan Effective Date1983-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ability Building Center, Inc.)

Sponsor-wide plan assets over time

All Ability Building Center, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 23.555391928222917% vs 2022
2024 filing year
$4M$4.5M$5M$5.5M$6M 202220232024 $4.58M $5.66M ▲ +23.6%
Year Plans Participants Total Assets
2022 1 184 $5M
2023 1 172 $5M
2024 1 211 $6M

Nearby Other Plans in Minnesota

Peer Other plans, same state, same plan type, ranked by total assets.

Ability Building Center 403(b) Retirement Savings Plan vs. nearby Other plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510 Total assets ($B) Participants Ability Building Center 403(b) Retirement Savings Plan, Total assets ($B): 0.004579512 · Participants: 184Ability Building Center 403(b) Retirement Savings PlanMayo 403(b) Plan, Total assets ($B): 9.453323372 · Participants: 80932Mayo 403(b) PlanCentracare Health System 403(b) Plan, Total assets ($B): 0.739468957 · Participants: 10840Centracare Health System 403(b) PlanChildrens Hospitals and Clinics Matched Savings Plan, Total assets ($B): 0.691827028 · Participants: 5009Childrens Hospitals and Clinics Matched Savings PlanCarpenters & Joiners Defined Contribution Plan, Total assets ($B): 0.583263225 · Participants: 20332Carpenters & Joiners Defined Contribution PlanUniversity of St. Thomas Retirement Plan, Total assets ($B): 0.358032714 · Participants: 2317University of St. Thomas Retirement Plan
Ability Building Center 403(b) Retirement Savings Plan vs. nearby Other plans in Minnesota, assets vs. participants

Ability Building Center 403(b) Retirement Savings Plan's out-of-state Other peers by assets and headcount

Outside Minnesota, the nearest Other by assets is Akron-Canton Regional Foodbank 403(b) Plan in OH ($5M); by covered participants it is Community Legal Services Retirement Plan in PA (184 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (184 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 Ability Building Center 403(b) Retirement Savings Plan assets move in 2022?
Ability Building Center 403(b) Retirement Savings Plan pulled back noticeably - down 11.0% during 2022, from $5M to $5M. Reported net income was -$568K.
How have Ability Building Center, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Ability Building Center, Inc.'s sponsor-wide assets grew 23.6%, from $5M to $6M.
Which Other plans are similar in size to Ability Building Center 403(b) Retirement Savings Plan?
Among Other plans in other states, the closest by assets is Akron-Canton Regional Foodbank 403(b) Plan in OH ($5M, 85 participants).
Which Other plans cover a similar participant headcount to Ability Building Center 403(b) Retirement Savings Plan?
Among Other plans in other states, the closest by covered participants is Community Legal Services Retirement Plan in PA (184 participants, $24M in assets).