401(k) · DOL Form 5500 · 2024

Absolute Concrete Construction, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
286
Participants Below avg headcount
51st
Percentile by assets National rank
$28,388
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Absolute Group 401(k) Plan · Sponsored by Absolute Concrete Construction, Inc. · Iowa · Management of Enterprises

$8M in assets, 286 participants

Absolute Concrete Construction, Inc.'s Absolute Group 401(k) Plan reported $8M in total assets and 286 participants in its 2024 DOL Form 5500 filing, ranking in the 51st 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.

  • #407 in Management of Enterprises (1,133 peers)

Coverage in Iowa

Absolute Group 401(k) Plan covers 286 participants in Iowa, about 47% of the average Iowa filer (state average ~609 per filing). Assets: $8M.

#407
in Management of Enterprises (1,133 peers)
+24.0%
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 2024 · DOL Form 5500

$8,119,006 Top 49% higher than 51% 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

Absolute Group 401(k) 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. Absolute Group 401(k) Plan sits mid-pack in the medium band (286 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Absolute Group 401(k) Plan end-of-year assets rose from $7M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Absolute Group 401(k) Plan reported net income fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Absolute Group 401(k) Plan reported participants rose from 265 in the plan year 2023 filing to 286 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 391953384 · Absolute Concrete Construction, Inc. PY 2024 · 401(k)

Absolute Group 401(k) Plan · $8M · 286 · 51st

  • VS-ST $8M
  • VS-ST 286
  • VS-ST 51st
  • VS-ST 401(k)
  • VS-ST near Biolog, Inc. 401(k) Retirement Plan
  • VS-ST ind #407

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 →

Absolute Group 401(k) Plan in the asset neighbourhood

Absolute Group 401(k) Plan$8MBiolog, Inc. 401(k) Retirement PlanBiolog, Inc. 401(k) Retireme…$8MDecker Communications, Inc. 401(k) Profit Sharing PlanDecker Communications, Inc. …$8MG&a 401(k) Profit Sharing PlanG&a 401(k) Profit Sharing Pl…$8MLoadsmart, Inc. 401(k) Plan$8M
End-of-year total assets ($M) among Absolute Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Iowa filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$2M
Employer EIN391953384
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Absolute Concrete Construction, Inc.)

Sponsor-wide plan assets over time

All Absolute Concrete Construction, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 69.12626217071804% vs 2022
2024 filing year
$4M$5M$6M$7M$8M$9M 202220232024 $4.8M $8.12M ▲ +69.2%
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 Scatter plot of 6 data points. -200000200004000060000 -20246 Total assets ($B) Participants Absolute Group 401(k) Plan, Total assets ($B): 0.008119006 · Participants: 286Absolute Group 401(k) PlanThe Principal Select Savings Plan, Total assets ($B): 4.579548793 · Participants: 12841The Principal Select Savings PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 3.375271119 · Participants: 14728The Rsm US LLP Retirement PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 3.306182291 · Participants: 25072Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 3.1084169 · Participants: 55411The Hy-Vee and Affiliates 401(k) PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.720479704 · Participants: 8059Transamerica 401(k) Retirement Savings Plan
Absolute Group 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
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 Biolog, Inc. 401(k) Retirement Plan in CA ($8M); by covered participants it is Roofing Wholesale Co., Inc. 401(k) Plan in AZ (286 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($8M here).

Similar participant headcount

Nearest other-state filings by covered participants (286 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 Absolute Group 401(k) Plan assets move in 2024? ▼
Absolute Group 401(k) Plan grew sharply - up 24.0% during 2024, from $7M to $8M. 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 Biolog, Inc. 401(k) Retirement Plan in CA ($8M, 48 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 Roofing Wholesale Co., Inc. 401(k) Plan in AZ (286 participants, $7M 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 391953384.

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.