401(k) · DOL Form 5500 · 2023

Absolute Concrete Construction, Inc. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets: 265
Participants Below avg headcount: 50th
Percentile by assets National rank: $24,717
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

$7M in assets, 265 participants

Absolute Concrete Construction, Inc.'s Absolute Group 401(k) Plan reported $7M in total assets and 265 participants in its 2023 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.

#346 in Management of Enterprises (1,137 peers)

Coverage in Iowa

Absolute Group 401(k) Plan covers 265 participants in Iowa, about 44% of the average Iowa filer (state average ~609 per filing). Assets: $7M.

#346
in Management of Enterprises (1,137 peers): +36.4%
assets growth YoY

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 2023 · DOL Form 5500

$6,550,137 Top 50% higher than 50% of 127,068 filed plans

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

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Absolute Group 401(k) 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. Absolute Group 401(k) Plan sits mid-pack in the medium band (265 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Absolute Group 401(k) Plan reported net income rose from -$409K in the plan year 2022 filing to $2M in the plan year 2023 filing.
Absolute Group 401(k) Plan end-of-year assets rose from $5M in the plan year 2022 filing to $7M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 391953384 · Absolute Concrete Construction, Inc. PY 2023 · 401(k)

Absolute Group 401(k) Plan · $7M · 265 · 50th

SCH $7M
SCH 265
SCH 50th
SCH 401(k)
SCH near Leppink's Inc. 401(k) Plan
SCH ind #346

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 →

End-of-year total assets ($M) among Absolute Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Iowa filing particulars

Total Assets (Beginning of Year)	$5M
Net Assets (End of Year)	$7M
Net Income	$2M
Employer EIN	391953384
Plan Effective Date	2008-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Absolute Concrete Construction, Inc.)

Latest sponsor-wide plan assets: $8M 69.12626217071804% vs 2022; 2024 filing year

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

The Principal Select Savings Plan $4.1B · 12,827
Iowa Health System Section 401(k) Retirement Savings Plan $3.0B · 28,959
The Hy-Vee and Affiliates 401(k) Plan $2.9B · 56,181
The Rsm US LLP Retirement Plan $2.9B · 14,720
Transamerica 401(k) Retirement Savings Plan $2.4B · 6,999

Compare Absolute Group 401(k) Plan side-by-side with 3 peers →

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 Leppink's Inc. 401(k) Plan in MI ($7M); by covered participants it is Ktm Industries Inc 401(k) Profit Sharing Plan & Trust in MI (265 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($7M here).

Leppink's Inc. 401(k) Plan (MI) $7M · 189
Rumiano Cheese Co. 401(k) Profit Sharing Plan (CA) $7M · 146
Swisstex California, Inc. 401(k) Profit Sharing Plan (CA) $7M · 149
Oxford Bank Employees' Retirement Plan (MI) $7M · 121

Similar participant headcount

Nearest other-state filings by covered participants (265 participants); asset peers above are excluded.

Ktm Industries Inc 401(k) Profit Sharing Plan & Trust (MI) 265 · 0 off
Pat Obrien Chevrolet 401(k) Plan (OH) 265 · 0 off
Lyell Immunopharma, Inc. 401(k) Plan (CA) 265 · 0 off
Performance Systems Integration, LLC 401(k) Plan (OR) 265 · 0 off

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 Absolute Group 401(k) Plan assets move in 2023? ▼

Absolute Group 401(k) Plan surged - up 36.4% during 2023, from $5M to $7M. Reported net income was $2M.

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 Leppink's Inc. 401(k) Plan in MI ($7M, 189 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 Ktm Industries Inc 401(k) Profit Sharing Plan & Trust in MI (265 participants, N/A 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 391953384.