401(k) · DOL Form 5500 · 2024

Absolute Business Solutions Incorporated 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
123
Participants Small participant base
62nd
Percentile by assets National rank
$110,843
Avg per participant Below avg balance/head
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Official DOL plan name: Absolute Business Solutions 401(k) Profit Sharing Plan · Sponsored by Absolute Business Solutions Incorporated · Virginia · Professional & Technical Services

$14M in assets, 123 participants

Absolute Business Solutions Incorporated's Absolute Business Solutions 401(k) Profit Sharing Plan reported $14M in total assets and 123 participants in its 2024 DOL Form 5500 filing, ranking in the 62nd 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.

  • #12,378 in Professional & Technical Services (20,173 peers)

Coverage in Virginia

Absolute Business Solutions 401(k) Profit Sharing Plan covers 123 participants in Virginia, about 16% of the average Virginia filer (state average ~782 per filing). Assets: $14M.

#12,378
in Professional & Technical Services (20,173 peers)
+12.3%
assets growth YoY

Absolute Business Solutions 401(k) Profit Sharing Plan's mid-pack asset rank among Professional & Technical Services and all filers

Absolute Business Solutions 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$13,633,682 Top 38% higher than 62% 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 Business Solutions 401(k) Profit Sharing 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 Business Solutions 401(k) Profit Sharing Plan sits mid-pack in the medium band (123 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Absolute Business Solutions 401(k) Profit Sharing Plan reported net income fell from $3M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Absolute Business Solutions 401(k) Profit Sharing Plan reported participants fell from 155 in the plan year 2023 filing to 123 in the plan year 2024 filing.
  • Absolute Business Solutions 401(k) Profit Sharing Plan end-of-year assets rose from $12M in the plan year 2023 filing to $14M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 542061431 · Absolute Business Solutions Incorporated PY 2024 · 401(k)

Absolute Business Solutions 401(k) Profit Sharing Plan · $14M · 123 · 62nd

  • VS-ST $14M
  • VS-ST 123
  • VS-ST 62nd
  • VS-ST 401(k)
  • VS-ST near Miltope Corporation Fka Vt Miltope 401(k) Plan
  • VS-ST ind #12378

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 Professional & Technical Services retirement plans → · Plans in Virginia →

Absolute Business Solutions 401(k) Profit Sharing Plan in the asset neighbourhood

Absolute Business Solutions 401(k) Profit Sharing PlanAbsolute Business Solutions …$14MMiltope Corporation Fka Vt Miltope 401(k) PlanMiltope Corporation Fka Vt M…$14MGeo-Solutions, Inc Savings PlanGeo-Solutions, Inc Savings P…$14MRuggable 401(k) Plan$14MKelly Mitchell Group, Inc. 401(k) Profit Sharing PlanKelly Mitchell Group, Inc. 4…$14M
End-of-year total assets ($M) among Absolute Business Solutions 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$14M
Net Income$1M
Employer EIN542061431
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Absolute Business Solutions Incorporated)

Sponsor-wide plan assets over time

All Absolute Business Solutions Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$14M 54.94706230724217% vs 2022
2024 filing year
$8M$10M$12M$14M$16M 202220232024 $8.8M $13.6M ▲ +54.9%
Year Plans Participants Total Assets
2022 1 137 $9M
2023 1 155 $12M
2024 1 123 $14M

Nearby 401(k) Plans in Virginia

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

Absolute Business Solutions 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Absolute Business Solutions 401(k) Profit Sharing Plan, Total assets ($B): 0.013633682 · Participants: 123Absolute Business Solutions 401(k) Profit Sharing PlanNorthrop Grumman Savings Plan, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Corporation 401(k) Plan 6.0Capital One Financial Corporation Associate Savings Plan, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financial Corporation Associate Savings PlanLeidos, Inc. Retirement Plan, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirement Plan
Absolute Business Solutions 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Absolute Business Solutions 401(k) Profit Sharing Plan side-by-side with 3 peers →

Absolute Business Solutions 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Miltope Corporation Fka Vt Miltope 401(k) Plan in AL ($14M); by covered participants it is Clark's Termite & Pest Control 401(k) Plan in NJ (123 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($14M here).

Similar participant headcount

Nearest other-state filings by covered participants (123 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 Business Solutions 401(k) Profit Sharing Plan assets move in 2024? ▼
Absolute Business Solutions 401(k) Profit Sharing Plan grew at a solid clip - up 12.3% during 2024, from $12M to $14M. Reported net income was $1M.
How have Absolute Business Solutions Incorporated plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Absolute Business Solutions Incorporated's sponsor-wide assets grew 54.9%, from $9M to $14M.
Which 401(k) plans are similar in size to Absolute Business Solutions 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Miltope Corporation Fka Vt Miltope 401(k) Plan in AL ($14M, 88 participants).
Which 401(k) plans cover a similar participant headcount to Absolute Business Solutions 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Clark's Termite & Pest Control 401(k) Plan in NJ (123 participants, $2M 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 542061431.

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.