Other · DOL Form 5500 · 2024

Ability Building Center, Inc. Retirement Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
211
Participants Below avg headcount
44th
Percentile by assets National rank
$26,816
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

$6M in assets, 211 participants

Ability Building Center, Inc.'s Ability Building Center 403(b) Retirement Savings Plan reported $6M in total assets and 211 participants in its 2024 DOL Form 5500 filing, ranking in the 44th 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.

  • #8,074 in Healthcare & Social Assistance (16,916 peers)

Coverage in Minnesota

Ability Building Center 403(b) Retirement Savings Plan covers 211 participants in Minnesota, about 19% of the average Minnesota filer (state average ~1,126 per filing). Assets: $6M.

#8,074
in Healthcare & Social Assistance (16,916 peers)
+7.5%
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 2024 · DOL Form 5500

$5,658,234 44th percentile higher than 44% of 123,620 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 2024

Ability Building Center 403(b) Retirement Savings Plan among mid-size filed plans by headcount

Plan-year 2024 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 (211 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ability Building Center 403(b) Retirement Savings Plan reported net income fell from $683K in the plan year 2023 filing to $396K in the plan year 2024 filing.
  • Ability Building Center 403(b) Retirement Savings Plan reported participants rose from 172 in the plan year 2023 filing to 211 in the plan year 2024 filing.
  • Ability Building Center 403(b) Retirement Savings Plan end-of-year assets rose from $5M in the plan year 2023 filing to $6M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 410829178 · Ability Building Center, Inc. PY 2024 · Other

Ability Building Center 403(b) Retirement Savings Plan · $6M · 211 · 44th

  • EOY $6M
  • EOY 211
  • EOY 44th
  • EOY Other
  • EOY near Central Christian College 403(b) DC Plan
  • EOY ind #8074

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(…$6MCentral Christian College 403(b) DC PlanCentral Christian College 40…$6M403(b) Thrift Plan of Epic$6MArmy Residence Community 403b PlanArmy Residence Community 403…$6MCheekwood 403(b) Plan$6M
End-of-year total assets ($M) among Ability Building Center 403(b) Retirement Savings Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$6M
Net Income$396K
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): 0.005658234 · Participants: 211Ability Building Center 403(b) Retirement Savings PlanMayo 403(b) Plan, Total assets ($B): 12.799106312 · Participants: 85933Mayo 403(b) PlanChildrens Hospitals and Clinics Matched Savings Plan, Total assets ($B): 0.937973727 · Participants: 5750Childrens Hospitals and Clinics Matched Savings PlanCentracare Health System 403(b) Plan, Total assets ($B): 0.866640984 · Participants: 8227Centracare Health System 403(b) PlanCarpenters & Joiners Defined Contribution Plan, Total assets ($B): 0.811257677 · Participants: 22289Carpenters & Joiners Defined Contribution PlanUniversity of St. Thomas Retirement Plan, Total assets ($B): 0.459707522 · Participants: 2357University of St. Thomas Retirement Plan
Ability Building Center 403(b) Retirement Savings Plan vs. nearby Other plans in Minnesota, assets vs. participants
Compare Ability Building Center 403(b) Retirement Savings Plan side-by-side with 3 peers →

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 Central Christian College 403(b) DC Plan in KS ($6M); by covered participants it is Seneca Health Services, Inc 403(b) Plan in WV (211 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($6M here).

Similar participant headcount

Nearest other-state filings by covered participants (211 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Ability Building Center 403(b) Retirement Savings Plan grew at a solid clip - up 7.5% during 2024, from $5M to $6M. Reported net income was $396K.
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 Central Christian College 403(b) DC Plan in KS ($6M, 65 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 Seneca Health Services, Inc 403(b) Plan in WV (211 participants, $9M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 410829178.

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.