Employers › ABM Industries › plan 001
Recordkeeping fees per participant · ABM 401(k) Employee Savings Plan · plan year 2024
$72.60
Higher than 79% of the 1,697 plans $250M to 1B that report it.
= $931,210 / 12,826
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251020142019NAL0000894339001, received 2025-10-20
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251020142019NAL0000894339001, received 2025-10-20
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-20.
Administrative expenses excluding investment management, per participant
$72.60
Higher than 57% of the 2,324 plans $250M to 1B that report it.
= $931,210 / 12,826
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251020142019NAL0000894339001, received 2025-10-20
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251020142019NAL0000894339001, received 2025-10-20
Administrative expenses per participant
$79.82
Higher than 44% of the 2,405 plans $250M to 1B that report it.
= $1,023,710 / 12,826
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251020142019NAL0000894339001, received 2025-10-20
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251020142019NAL0000894339001, received 2025-10-20
Administrative expenses as a share of assets
0.147%
Higher than 83% of the 2,407 plans $250M to 1B that report it.
= $1,023,710 / $695,801,446
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251020142019NAL0000894339001, received 2025-10-20
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251020142019NAL0000894339001, received 2025-10-20
Employer contributions per participant
$1,821
Higher than 22% of the 2,457 plans $250M to 1B that report it.
= $23,352,577 / 12,826
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251020142019NAL0000894339001, received 2025-10-20
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251020142019NAL0000894339001, received 2025-10-20
Employer share of total contributions
32.6%
Higher than 55% of the 2,459 plans $250M to 1B that report it.
= $23,352,577 / $71,641,024
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251020142019NAL0000894339001, received 2025-10-20
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251020142019NAL0000894339001, received 2025-10-20
2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3H controlled-group sponsor · 2E profit-sharing · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251020142019NAL0000894339001, received 2025-10-20
| Field | Value | Source |
|---|---|---|
| Plan sponsor | ABM INDUSTRIES INCORPORATED | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251020142019NAL0000894339001, received 2025-10-20 |
| Plan name | ABM 401(K) EMPLOYEE SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251020142019NAL0000894339001, received 2025-10-20 |
| Sponsor EIN / plan number | 94-1369354 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251020142019NAL0000894339001, received 2025-10-20 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251020142019NAL0000894339001, received 2025-10-20 |
| Sponsor location | NEW YORK, NY | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251020142019NAL0000894339001, received 2025-10-20 |
| Industry (business code) | 561790, Administrative and support and waste management services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251020142019NAL0000894339001, received 2025-10-20 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251020142019NAL0000894339001, received 2025-10-20 |
| Filing received | 2025-10-20 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251020142019NAL0000894339001, received 2025-10-20 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251020142019NAL0000894339001, received 2025-10-20 |
| Amended filing | yes | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251020142019NAL0000894339001, received 2025-10-20 |
| Participants, beginning of year | 89,480 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251020142019NAL0000894339001, received 2025-10-20 |
| Active participants | 85,004 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251020142019NAL0000894339001, received 2025-10-20 |
| Participants, end of year | 88,660 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251020142019NAL0000894339001, received 2025-10-20 |
| Participants with an account balance | 12,826 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251020142019NAL0000894339001, received 2025-10-20 |
| Total assets, beginning of year | $624,411,305 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251020142019NAL0000894339001, received 2025-10-20 |
| Total assets, end of year | $695,801,446 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251020142019NAL0000894339001, received 2025-10-20 |
| Net assets, end of year | $695,801,446 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251020142019NAL0000894339001, received 2025-10-20 |
| Total income | $155,365,756 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251020142019NAL0000894339001, received 2025-10-20 |
| Net income | $68,018,784 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251020142019NAL0000894339001, received 2025-10-20 |
| Employer contributions | $23,352,577 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251020142019NAL0000894339001, received 2025-10-20 |
| Participant contributions | $42,875,857 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251020142019NAL0000894339001, received 2025-10-20 |
| Other contributions (incl. rollovers) | $5,412,590 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251020142019NAL0000894339001, received 2025-10-20 |
| Total contributions | $71,641,024 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251020142019NAL0000894339001, received 2025-10-20 |
| Benefit payments | $86,323,262 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251020142019NAL0000894339001, received 2025-10-20 |
| Total expenses (incl. benefit payments) | $87,346,972 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251020142019NAL0000894339001, received 2025-10-20 |
| Total administrative expenses | $1,023,710 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251020142019NAL0000894339001, received 2025-10-20 |
| Recordkeeping fees | $931,210 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251020142019NAL0000894339001, received 2025-10-20 |
| Investment advisory and management fees | $92,500 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251020142019NAL0000894339001, received 2025-10-20 |
| Administrative expenses excluding investment management | $931,210 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251020142019NAL0000894339001, received 2025-10-20 |
| Held in common/collective trusts | $66,896,758 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251020142019NAL0000894339001, received 2025-10-20 |
| Held in mutual funds | $614,978,211 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251020142019NAL0000894339001, received 2025-10-20 |
| Independent auditor | KPMG | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251020142019NAL0000894339001, received 2025-10-20 |
Position = column in the DOL layout for form year 2024. Filing 20251020142019NAL0000894339001, received 2025-10-20.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER AND Srecordkeeper | RECORDKEEPER | 15 Recordkeeping and information management; 52 Investment management fees paid indirectly by plan; 59 Shareholder servicing fees; 60 Sub-transfer agency fees; 62 Float revenue; 72 Other investment fees and expenses | $931,210 | yes |
| WELLS FARGO ADVISORS | CONSULTANT | 70 Consulting fees | $92,500 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251020142019NAL0000894339001, received 2025-10-20.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $624,411,305 | $695,801,446 | 11.4% |
| Participants with a balance | 13,564 | 12,826 | -5.4% |
| Administrative expenses | $1,031,842 | $1,023,710 | -0.8% |
| Recordkeeping fees per participant | $71.98 | $72.60 | 0.9% |
| Employer contributions | $22,977,825 | $23,352,577 | 1.6% |
Prior filing 20250106145417NAL0013170272001, received 2025-01-06; the plan years are contiguous.