401(k) · DOL Form 5500 · 2023

Abco Automation, Inc. 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
142
Participants Small participant base
65th
Percentile by assets National rank
$93,486
Avg per participant Below avg balance/head
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Official DOL plan name: Abco Automation, Inc. Employees' 401(k) and Retirement Plan · Sponsored by Abco Automation, Inc. · North Carolina · Manufacturing

$13M in assets, 142 participants

Abco Automation, Inc.'s Abco Automation, Inc. Employees' 401(k) and Retirement Plan reported $13M in total assets and 142 participants in its 2023 DOL Form 5500 filing, ranking in the 65th 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.

  • #9,815 in Manufacturing (18,722 peers)

Coverage in North Carolina

Abco Automation, Inc. Employees' 401(k) and Retirement Plan covers 142 participants in North Carolina, about 17% of the average North Carolina filer (state average ~819 per filing). Assets: $13M.

#9,815
in Manufacturing (18,722 peers)
+20.5%
assets growth YoY

Abco Automation, Inc. Employees' 401(k) and Retirement Plan's mid-pack asset rank among Manufacturing and all filers

Abco Automation, Inc. Employees' 401(k) and Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$13,275,052 Top 35% higher than 65% of 127,068 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 2023

Abco Automation, Inc. Employees' 401(k) and Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Abco Automation, Inc. Employees' 401(k) and Retirement Plan sits mid-pack in the medium band (142 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Abco Automation, Inc. Employees' 401(k) and Retirement Plan reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Abco Automation, Inc. Employees' 401(k) and Retirement Plan end-of-year assets rose from $11M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Abco Automation, Inc. Employees' 401(k) and Retirement Plan reported participants rose from 138 in the plan year 2022 filing to 142 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 561529470 · Abco Automation, Inc. PY 2023 · 401(k)

Abco Automation, Inc. Employees' 401(k) and Retirement Plan · $13M · 142 · 65th

  • VS-ST $13M
  • BOY 142
  • SCH 65th
  • EBSA 401(k)
  • PART near Cei Engineering Associates, Inc. 401(k) Profit Sharing Plan & Trust
  • TYPE ind #9815

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 Manufacturing retirement plans → · Plans in North Carolina →

Abco Automation, Inc. Employees' 401(k) and Retirement Plan in the asset neighbourhood

Abco Automation, Inc. Employees' 401(k) and Retirement PlanAbco Automation, Inc. Employ…$13MCei Engineering Associates, Inc. 401(k) Profit Sharing Plan & TrustCei Engineering Associates, …$13MGss 401(k) Plan$13MNfi Group 401(k) Plan - Mci Pembina Union PlanNfi Group 401(k) Plan - Mci …$13MKerry Ford Inc. Employee Savings & Retirement PlanKerry Ford Inc. Employee Sav…$13M
End-of-year total assets ($M) among Abco Automation, Inc. Employees' 401(k) and Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$13M
Net Income$2M
Employer EIN561529470
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Abco Automation, Inc.)

Sponsor-wide plan assets over time

All Abco Automation, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$21M 8.87341088217832% vs 2022
2024 filing year
$18M$19M$20M$21M$22M 202220232024 $19.1M $20.8M ▲ +8.9%
Year Plans Participants Total Assets
2022 2 254 $19M
2023 2 282 $21M
2024 2 303 $21M

Nearby 401(k) Plans in North Carolina

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

Abco Automation, Inc. Employees' 401(k) and Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Abco Automation, Inc. Employees' 401(k) and Retirement Plan, Total assets ($B): 0.013275052 · Participants: 142Abco Automation, Inc. Employees' 401(k) and Retirement PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Abco Automation, Inc. Employees' 401(k) and Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Abco Automation, Inc. Employees' 401(k) and Retirement Plan side-by-side with 3 peers →

Abco Automation, Inc. Employees' 401(k) and Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Cei Engineering Associates, Inc. 401(k) Profit Sharing Plan & Trust in AR ($13M); by covered participants it is Texas Veterinary, PLLC 401(k) Plan in TX (142 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (142 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Abco Automation, Inc. Employees' 401(k) and Retirement Plan assets move in 2023? ▼
Abco Automation, Inc. Employees' 401(k) and Retirement Plan grew sharply - up 20.5% during 2023, from $11M to $13M. Reported net income was $2M.
How have Abco Automation, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Abco Automation, Inc.'s sponsor-wide assets grew 8.9%, from $19M to $21M.
Which 401(k) plans are similar in size to Abco Automation, Inc. Employees' 401(k) and Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cei Engineering Associates, Inc. 401(k) Profit Sharing Plan & Trust in AR ($13M, 161 participants).
Which 401(k) plans cover a similar participant headcount to Abco Automation, Inc. Employees' 401(k) and Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Texas Veterinary, PLLC 401(k) Plan in TX (142 participants, $12M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 561529470.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.