How big is Abacus Information Technology LLC's plan?

Abacus Information Technology LLC's plan reported $24.0M in assets and 270 participants for 2024.

Original filing (PDF)20251013141902NAL0000706787001

Abacus Information Technology LLC

Name: Abacus Information Technology LLC — Abacus Group, Form 5500 (2024)
Creator: Abacus Information Technology LLC
License: https://www.usa.gov/government-works

Form 5500

FILING_RECEIVED

Abacus Group, LLC 401(k) Plan

401(k) retirement plan · Abacus Information Technology LLC's Abacus Group, LLC 401(k) Plan held $24.0M in plan assets for 270 participants in 2024, with Fidelity as recordkeeper.

Signals · 2

Late participant contributionsSelf-directed brokerage offered

Active participants

270

Accounts w/ balance

241

Plan assets (EOY)

$24.0M

Net assets (EOY)

$24.0M

People on this filing

Jesse Sanders signed Abacus Information Technology LLC's 2024 Form 5500 as plan administrator.

Jesse Sanders — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

Abacus Information Technology LLC's EIN is 27-0216079.

EIN 27-0216079

Plan number 001

Plan year 2024

ACK ID 20251013141902NAL0000706787001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Abacus Information Technology LLC from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Abacus Information Technology LLC's plan includes profit-sharing, ERISA 404(c) participant direction, a 401(k) feature, a default investment (QDIA), a self-directed brokerage window.

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for ABACUS INFORMATION TECHNOLOGY LLC.

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How this plan invests

This plan

29 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score

Top-tier plan health

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool.

Compliance & integrity

Total plan cost

Plan health

Vendor & structure

100

Knocking points off

Delinquent participant contributions reported (Schedule H 4a) — 1K (0% of contributions).
Low account-holder ratio — balance-holders per active participant in the bottom quartile of peers (20th percentile).

Helping the score

Below-peer total plan cost (88th percentile).

Plan sponsor

Name

ABACUS INFORMATION TECHNOLOGY LLC

DBA

ABACUS GROUP LLC

EIN

all filings

Address

655 THIRD AVENUE · 9TH FLOOR · NEW YORK, NY · 10017

Phone

(646) 701-6957

Industry

Information / Tech / Media

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-13

Pension benefit codes

2A · Age/service weighted or new comparability

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2T · Default investment account (QDIA)

3D · Pre-approved plan (master / prototype / VS)

Service providers (Schedule C)

1 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
FIDELITY INVESTMENTS INSTITUTIONAL	04-2647786	—	RECORDKEEPER	$7K	—

Investments

29 direct securities· $23.3M(97% of reported assets)

Mutual Funds

$15.8M

15 holdings

Common Collective Trusts

$4.4M

6 holdings

Other securities

$1.8M

5 holdings

Self-Directed Brokerage

$1.1M

1 holding

Common Stocks

$125K

1 holding

U.S. Treasuries

$24K

1 holding

					% of plan
American Funds 2040 Target Date Retirement Fund Class R-4 Mutual Fund	Mutual Funds	—	—	$3.9M	16.2%
Fidelity 500 Index Fund Mutual Fund	Common Collective Trusts	—	—	$3.1M	12.8%
American Funds 2035 Target Date Retirement Fund Class R-4 Mutual Fund	Mutual Funds	—	—	$2.9M	12.0%
American Funds 2050 Target Date Retirement Fund Class R-4 Mutual Fund	Mutual Funds	—	—	$1.9M	8.0%
American Funds 2045 Target Date Retirement Fund Class R-4 Mutual Fund	Mutual Funds	—	—	$1.9M	8.0%
American Funds 2055 Target Date Retirement Fund Class R-4 Mutual Fund	Mutual Funds	—	—	$1.3M	5.5%
American Funds 2030 Target Date Retirement Fund Class R-4 Mutual Fund	Mutual Funds	—	—	$1.2M	5.1%
Fidelity Select Software and IT Services Portfolio Mutual Fund	Mutual Funds	—	—	$1.2M	5.1%
Alger Capital Appreciation Institutional Fund Class I Mutual Fund	Other securities	—	—	$1.2M	5.1%
Self-Directed Brokerage Accounts Self-Directed Brokerage Accounts	Self-Directed Brokerage	—	—	$1.1M	4.4%
Fidelity Money Market Trust Interest-Bearing Cash	Mutual Funds	—	—	$780K	3.2%
Fidelity Mid Cap Index Fund Mutual Fund	Common Collective Trusts	—	—	$740K	3.1%
American Funds 2060 Target Date Retirement Fund Class R-4 Mutual Fund	Mutual Funds	—	—	$448K	1.9%
JPMorgan U.S. Research Enhanced Equity Fund Class A Mutual Fund	Other securities	—	—	$326K	1.4%
Fidelity Small Cap Index Fund Mutual Fund	Common Collective Trusts	—	—	$310K	1.3%
JPMorgan Equity Income Fund Class A Mutual Fund	Other securities	—	—	$217K	0.9%
Fidelity International Index Fund Mutual Fund	Common Collective Trusts	—	—	$216K	0.9%
JPMorgan U.S. Small Company Fund Class A Mutual Fund	Common Stocks	—	—	$125K	0.5%
Fidelity Real Estate Index Fund Mutual Fund	Common Collective Trusts	—	—	$61K	0.3%
Invesco Developing Markets Fund Class R Mutual Fund	Mutual Funds	—	—	$57K	0.2%
American Funds 2015 Target Date Retirement Fund Class R-4 Mutual Fund	Mutual Funds	—	—	$51K	0.2%
Fidelity Inflation-Protected Bond Index Fund Mutual Fund	Common Collective Trusts	—	—	$47K	0.2%
JPMorgan Global Bond Opportunities Fund Class R6 Mutual Fund	Other securities	—	—	$38K	0.2%
Wells Fargo Core Plus Bond Fund Class A Mutual Fund	Other securities	—	—	$32K	0.1%
JPMorgan Government Bond Fund Class A Mutual Fund	U.S. Treasuries	—	—	$24K	0.1%
Fidelity International Growth Fund Mutual Fund	Mutual Funds	—	—	$18K	<0.1%
American Funds 2010 Target Date Retirement Fund Class R-4 Mutual Fund	Mutual Funds	—	—	$11K	<0.1%
American Funds 2025 Target Date Retirement Fund Class R-4 Mutual Fund	Mutual Funds	—	—	$3K	<0.1%
American Funds 2020 Target Date Retirement Fund Class R-4 Mutual Fund	Mutual Funds	—	—	$3K	<0.1%