401(k) · DOL Form 5500 · 2024

American Business Institute Co 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
11,946
Participants Very large workforce
46th
Percentile by assets National rank
$515
Avg per participant Low balance/head
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Official DOL plan name: American Business Institute Co 401(k) Profit Sharing Plan & Trust · Sponsored by American Business Institute Co · New York · Healthcare & Social Assistance

$6M in assets, 11,946 participants

American Business Institute Co's American Business Institute Co 401(k) Profit Sharing Plan & Trust reported $6M in total assets and 11,946 participants in its 2024 DOL Form 5500 filing, ranking in the 46th 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.

  • #8,425 in Healthcare & Social Assistance (16,916 peers)

Coverage in New York

American Business Institute Co 401(k) Profit Sharing Plan & Trust covers 11,946 participants in New York, 15x the typical New York plan (state average ~798 per filing). Assets: $6M.

#8,425
in Healthcare & Social Assistance (16,916 peers)
-50.8%
assets change YoY

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

American Business Institute Co 401(k) Profit Sharing Plan & Trust's mid-pack asset rank among Healthcare & Social Assistance and all filers

American Business Institute Co 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

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

$6,156,341 46th percentile higher than 46% 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

American Business Institute Co 401(k) Profit Sharing Plan & Trust's mega-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. American Business Institute Co 401(k) Profit Sharing Plan & Trust is a mega filing (11,946 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • American Business Institute Co 401(k) Profit Sharing Plan & Trust reported net income fell from $3M in the plan year 2023 filing to -$6M in the plan year 2024 filing.
  • American Business Institute Co 401(k) Profit Sharing Plan & Trust end-of-year assets fell from $13M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • American Business Institute Co 401(k) Profit Sharing Plan & Trust reported participants rose from 11,306 in the plan year 2023 filing to 11,946 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 203133101 · American Business Institute Co PY 2024 · 401(k)

American Business Institute Co 401(k) Profit Sharing Plan & Trust · $6M · 11,946 · 46th

  • PART $6M
  • TYPE 11,946
  • NET 46th
  • BOOK 401(k)
  • VS-ST near Magnus Title Agency LLC 401(k) Profit Sharing Plan & Trust
  • BOY ind #8425

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 New York →

American Business Institute Co 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

American Business Institute Co 401(k) Profit Sharing Plan & TrustAmerican Business Institute …$6MMagnus Title Agency LLC 401(k) Profit Sharing Plan & TrustMagnus Title Agency LLC 401(…$6MTerry Moore, Ccim, Inc. Roth 401(k) Profit Sharing PlanTerry Moore, Ccim, Inc. Roth…$6MEdward J. Vermet Dds Profit Sharing PlanEdward J. Vermet Dds Profit …$6MMay, Potenza, Baran & Gillespie, P.C. 401(k) Profit Sharing PlanMay, Potenza, Baran & Gilles…$6M
End-of-year total assets ($M) among American Business Institute Co 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$6M
Net Income-$6M
Employer EIN203133101
Plan Effective Date2015-09-15
Filing StatusFILING RECEIVED

Sponsor Plan History (American Business Institute Co)

Sponsor-wide plan assets over time

All American Business Institute Co plans reported in each filing year

Latest sponsor-wide plan assets
$6M 34.68521577351666% vs 2022
2024 filing year
$4M$6M$8M$10M$12M$14M 202220232024 $9.43M $6.16M ▼ -34.7%
Year Plans Participants Total Assets
2022 1 10,931 $9M
2023 1 11,306 $13M
2024 1 11,946 $6M

Nearby 401(k) Plans in New York

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

American Business Institute Co 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. 050000100000150000 -20020406080 Total assets ($B) Participants American Business Institute Co 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.006156341 · Participants: 11946American Business Institute Co 401(k) Profit Sharing Plan & TrustIBM 401(k) Plan, Total assets ($B): 60.39355615 · Participants: 52674IBM 401(k) PlanMorgan Stanley 401(k) Plan, Total assets ($B): 22.180692974 · Participants: 53860Morgan Stanley 401(k) PlanPfizer Savings Plan, Total assets ($B): 21.9871528 · Participants: 33309Pfizer Savings PlanThe Pepsico Savings Plan, Total assets ($B): 14.9369507 · Participants: 137398The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 12.807939404 · Participants: 23227The Goldman Sachs 401(k) Plan
American Business Institute Co 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in New York, assets vs. participants

American Business Institute Co 401(k) Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Magnus Title Agency LLC 401(k) Profit Sharing Plan & Trust in AZ ($6M); by covered participants it is Questco Companies Retirement Plan in TX (11,961 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (11,946 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 American Business Institute Co 401(k) Profit Sharing Plan & Trust assets move in 2024?
American Business Institute Co 401(k) Profit Sharing Plan & Trust contracted severely - down 50.8% during 2024, from $13M to $6M. Reported net income was -$6M.
How have American Business Institute Co plan assets changed over time?
Across 3 plan years on file (2022-2024), American Business Institute Co's sponsor-wide assets declined 34.7%, from $9M to $6M.
Which 401(k) plans are similar in size to American Business Institute Co 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by assets is Magnus Title Agency LLC 401(k) Profit Sharing Plan & Trust in AZ ($6M, 147 participants).
Which 401(k) plans cover a similar participant headcount to American Business Institute Co 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by covered participants is Questco Companies Retirement Plan in TX (11,961 participants, $442M in assets).