My Plan Facts

Employers › North Carolina

Employer · plans filed under one EIN

Abco Automation, Inc.

Browns Summit, NC · Manufacturing

Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.

$19.3Mnet assets across plans
339participant records299 active
$1.2Memployer contributions, latest plan years$4,082 per active record
$9,863Schedule C compensation to organisations$29.09 per participant record

2 retirement plans with 100 or more participants file Form 5500 under Abco Automation, Inc.'s employer identification number (Browns Summit, North Carolina). Their latest filings total 339 participant records and $19.3M in net assets.

The largest is Abco Automation, Inc. Employee Stock Ownership Plan, an employee stock ownership plan with 172 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.

Employer contributions across the plans were $1.2M and participant contributions $649K in the latest plan years; benefits paid were $3.6M. Schedule C compensation reported to service provider organisations totalled $9,863.

Combined net assets moved from $4.6M in 2009 to $14.1M in 2025 (up 204%). Plan mergers and spin-offs show up here as steps in the series.

Plans

PlanKindPlan yearParticipantsNet assetsPer participantEmployer / activeSch. C compensation
Abco Automation, Inc. Employee Stock Ownership Planemployee stock ownership plan2024172$5.2M$30,328$6,904$0
Abco Automation, Inc. Employees' 401(k) and Retirement Plan401(k) plan2025167$14.1M$84,418$1,046$9,863
US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244.

Trend by plan year

2009: $4.6M2010: $5.0M2011: $5.4M2012: $6.3M2013: $7.9M2014: $8.3M2015: $8.1M2016: $10.0M2017: $13.3M2018: $12.2M2019: $12.8M2020: $13.7M2021: $17.0M2022: $17.0M2023: $19.5M2024: $19.5M2025: $14.1M$4.6M$19.5M$14.1M200920122016202020242025
Combined net assets
2009: 2162010: 1322011: 2522012: 2892013: 2682014: 2392015: 2432016: 2892017: 3202018: 3592019: 3452020: 2842021: 2882022: 3242023: 3452024: 3552025: 167216359167200920122016202020242025
Participant records
Plan yearPlansParticipant recordsNet assetsEmployer contributionsParticipant contributions
20251167$14.1M$151K$649K
20242355$19.5M$1.2M$685K
20232345$19.5M$1.2M$695K
20222324$17.0M$787K$690K
20212288$17.0M$657K$581K
20202284$13.7M$586K$432K
20192345$12.8M$746K$611K
20182359$12.2M$950K$594K
20172320$13.3M$423K$515K
20162289$10.0M$451K$501K
20152243$8.1M$240K$383K
20142239$8.3M$141K$350K
20132268$7.9M$119K$334K
20122289$6.3M$80K$296K
20112252$5.4M$0$218K
20101132$5.0M$0$200K
20092216$4.6M$13K$173K

History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.

Service providers

OrganisationServices reportedPlansCompensation reported
Epic Retirement Plan ServicesRecordkeeping and information management; Participant loan processing; Participant communication1$9,863

Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.

Epic Retirement Plan Services$9,863

Questions and answers

How many retirement plans does Abco Automation, Inc. have?

2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Abco Automation, Inc. Employee Stock Ownership Plan and Abco Automation, Inc. Employees' 401(k) and Retirement Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.

How much does Abco Automation, Inc. contribute to its plans?

$1,220,617 in employer contributions across these plans in their latest plan years, about $4,082 per active participant record. Form 5500 reports totals and not the match or accrual formula.

Who provides services to these plans?

Schedule C filings name Epic Retirement Plan Services. Only organisations paid $5,000 or more by a plan are listed on Schedule C.

Where does this come from?

Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.

Provenance

Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.