Abarta, Inc. 401(k) Review & Grade
Abarta, Inc. Deferred Compensation 401(k) Savings Plan for Union Employees
Pittsburgh, PAManufacturing774 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,266Employer $ per active participant
$1,562Employee $ saved per active participant
0.25%Direct admin cost, % of plan assets
$14.6MNet plan assets, end of year
$36,869Average balance per account
Score breakdown
- Employer generosity12.1 / 5024th percentile for employer $ per participant
- Low cost11.9 / 2548th percentile for low admin cost vs. same-size plans
- Employee saving1.1 / 157th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score18 / 100 · Grade F
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 24th |
| Lower admin cost | 48th |
| Employee saving | 7th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($223,055 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Abarta put in about $1,266 per active participant, below the typical peer ($2,320). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $979,738 |
| Participant (employee) contributions | $1,208,843 |
| Other contributions (incl. rollovers in) | $78,911 |
| Administrative expenses paid from the plan | $32,910 |
| Investment advisory & management fees | $5,307 |
| Benefits paid out | $1,254,065 |
| Net assets, start / end of year | $12.2M / $14.6M |
| Active participants, start / end of year | 707 / 841 |
| Participants with account balances | 395 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Bdo USA PC |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $27,603 reported compensation |
| Strategic Advisors, Inc. | $5,307 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260310163121NAL0004051473001, received 2026-03-10, EIN 23-1882790, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.