Other · DOL Form 5500 · 2023

Ability Building Center, Inc. Retirement Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
172
Participants Small participant base
45th
Percentile by assets National rank
$30,597
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, 172 participants

Ability Building Center, Inc.'s Ability Building Center 403(b) Retirement Savings Plan reported $5M in total assets and 172 participants in its 2023 DOL Form 5500 filing, ranking in the 45th 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.

  • #8,758 in Healthcare & Social Assistance (17,684 peers)

Coverage in Minnesota

Ability Building Center 403(b) Retirement Savings Plan covers 172 participants in Minnesota, about 15% of the average Minnesota filer (state average ~1,126 per filing). Assets: $5M.

#8,758
in Healthcare & Social Assistance (17,684 peers)
+14.9%
assets growth YoY

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 2023 · DOL Form 5500

$5,262,729 45th percentile higher than 45% 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

Ability Building Center 403(b) Retirement Savings 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. Ability Building Center 403(b) Retirement Savings Plan sits mid-pack in the medium band (172 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ability Building Center 403(b) Retirement Savings Plan reported net income rose from -$568K in the plan year 2022 filing to $683K in the plan year 2023 filing.
  • Ability Building Center 403(b) Retirement Savings Plan end-of-year assets rose from $5M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Ability Building Center 403(b) Retirement Savings Plan reported participants fell from 184 in the plan year 2022 filing to 172 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 410829178 · Ability Building Center, Inc. PY 2023 · Other

Ability Building Center 403(b) Retirement Savings Plan · $5M · 172 · 45th

  • IND $5M
  • IND 172
  • IND 45th
  • IND Other
  • IND near Roofers Local 149 Defined Contribution Pension Fund
  • IND ind #8758

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

Hoffmann Hospice 403(b) Plan$5MAbility Building Center 403(b) Retirement Savings PlanAbility Building Center 403(…$5MRoofers Local 149 Defined Contribution Pension FundRoofers Local 149 Defined Co…$5MAll Saints Academy 403(b) DC PlanAll Saints Academy 403(b) DC…$5MLake Sunapee Home Care and Hospice ERISA 403b PlanLake Sunapee Home Care and H…$5M
End-of-year total assets ($M) among Ability Building Center 403(b) Retirement Savings Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$5M
Net Income$683K
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 -5051015 Total assets ($B) Participants Ability Building Center 403(b) Retirement Savings Plan, Total assets ($B): 0.005262729 · Participants: 172Ability Building Center 403(b) Retirement Savings PlanMayo 403(b) Plan, Total assets ($B): 11.206302019 · Participants: 84098Mayo 403(b) PlanCentracare Health System 403(b) Plan, Total assets ($B): 0.826746245 · Participants: 9437Centracare Health System 403(b) PlanChildrens Hospitals and Clinics Matched Savings Plan, Total assets ($B): 0.820036853 · Participants: 5331Childrens Hospitals and Clinics Matched Savings PlanCarpenters & Joiners Defined Contribution Plan, Total assets ($B): 0.718854174 · Participants: 21043Carpenters & Joiners Defined Contribution PlanUniversity of St. Thomas Retirement Plan, Total assets ($B): 0.4224871 · Participants: 2481University 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 Roofers Local 149 Defined Contribution Pension Fund in MI ($5M); by covered participants it is Kent Place School Defined Contribution Retirement Plan in NJ (172 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (172 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 Ability Building Center 403(b) Retirement Savings Plan assets move in 2023?
Ability Building Center 403(b) Retirement Savings Plan grew at a solid clip - up 14.9% during 2023, from $5M to $5M. Reported net income was $683K.
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 Roofers Local 149 Defined Contribution Pension Fund in MI ($5M, 1,227 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 Kent Place School Defined Contribution Retirement Plan in NJ (172 participants, $61M in assets).