Civic Intelligence

American Business Systems Inc.

Plan context: Abs 401K Tax Savings Investment Plan

EIN 04-2656956 • Chelmsford, MA • 24 filings • 2 plans

315 Littleton RdChelmsford, MA 01824
Current Snapshot

Latest Year

2022

2022 Participants

9

2022 Assets

$2,528,995

2022 Contributions

$50,355

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$3,173,224$1,586,612$0199920142022YearValue
$2,528,995Latest year 2022

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

27140199920112022YearValue
9Latest year 2022

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
202219$2,528,995$50,355$5,595iApproximate average salary by contribution assumption: employee only about $139,875 at 4% or $93,250 at 6%; with 50% employer match about $93,250 at 4% or $62,167 at 6%; with 100% employer match about $69,938 at 4% or $46,625 at 6%.
Abs 401K Tax Savings Investment Plan-9$2,528,995$50,355$5,595iApproximate average salary by contribution assumption: employee only about $139,875 at 4% or $93,250 at 6%; with 50% employer match about $93,250 at 4% or $62,167 at 6%; with 100% employer match about $69,938 at 4% or $46,625 at 6%.
202118$2,397,463$48,273$6,034iApproximate average salary by contribution assumption: employee only about $150,853 at 4% or $100,569 at 6%; with 50% employer match about $100,569 at 4% or $67,046 at 6%; with 100% employer match about $75,427 at 4% or $50,284 at 6%.
Abs 401K Tax Savings Investment Plan-8$2,397,463$48,273$6,034iApproximate average salary by contribution assumption: employee only about $150,853 at 4% or $100,569 at 6%; with 50% employer match about $100,569 at 4% or $67,046 at 6%; with 100% employer match about $75,427 at 4% or $50,284 at 6%.
202019$3,173,224$58,493$6,499iApproximate average salary by contribution assumption: employee only about $162,481 at 4% or $108,320 at 6%; with 50% employer match about $108,320 at 4% or $72,214 at 6%; with 100% employer match about $81,240 at 4% or $54,160 at 6%.
Abs 401K Tax Savings Investment Plan-9$3,173,224$58,493$6,499iApproximate average salary by contribution assumption: employee only about $162,481 at 4% or $108,320 at 6%; with 50% employer match about $108,320 at 4% or $72,214 at 6%; with 100% employer match about $81,240 at 4% or $54,160 at 6%.
201919$2,686,394$49,944$5,549iApproximate average salary by contribution assumption: employee only about $138,733 at 4% or $92,489 at 6%; with 50% employer match about $92,489 at 4% or $61,659 at 6%; with 100% employer match about $69,367 at 4% or $46,244 at 6%.
Abs 401K Tax Savings Investment Plan-9$2,686,394$49,944$5,549iApproximate average salary by contribution assumption: employee only about $138,733 at 4% or $92,489 at 6%; with 50% employer match about $92,489 at 4% or $61,659 at 6%; with 100% employer match about $69,367 at 4% or $46,244 at 6%.
201819$2,390,313$48,083$5,343iApproximate average salary by contribution assumption: employee only about $133,564 at 4% or $89,043 at 6%; with 50% employer match about $89,043 at 4% or $59,362 at 6%; with 100% employer match about $66,782 at 4% or $44,521 at 6%.
Abs 401K Tax Savings Investment Plan-9$2,390,313$48,083$5,343iApproximate average salary by contribution assumption: employee only about $133,564 at 4% or $89,043 at 6%; with 50% employer match about $89,043 at 4% or $59,362 at 6%; with 100% employer match about $66,782 at 4% or $44,521 at 6%.
201719$2,320,650$48,401$5,378iApproximate average salary by contribution assumption: employee only about $134,447 at 4% or $89,631 at 6%; with 50% employer match about $89,631 at 4% or $59,754 at 6%; with 100% employer match about $67,224 at 4% or $44,816 at 6%.
Abs 401K Tax Savings Investment Plan-9$2,320,650$48,401$5,378iApproximate average salary by contribution assumption: employee only about $134,447 at 4% or $89,631 at 6%; with 50% employer match about $89,631 at 4% or $59,754 at 6%; with 100% employer match about $67,224 at 4% or $44,816 at 6%.
201619$2,125,840$44,531$4,948iApproximate average salary by contribution assumption: employee only about $123,697 at 4% or $82,465 at 6%; with 50% employer match about $82,465 at 4% or $54,977 at 6%; with 100% employer match about $61,849 at 4% or $41,232 at 6%.
Abs 401K Tax Savings Investment Plan-9$2,125,840$44,531$4,948iApproximate average salary by contribution assumption: employee only about $123,697 at 4% or $82,465 at 6%; with 50% employer match about $82,465 at 4% or $54,977 at 6%; with 100% employer match about $61,849 at 4% or $41,232 at 6%.
2015110$2,313,556$71,788$7,179iApproximate average salary by contribution assumption: employee only about $179,470 at 4% or $119,647 at 6%; with 50% employer match about $119,647 at 4% or $79,764 at 6%; with 100% employer match about $89,735 at 4% or $59,823 at 6%.
Abs 401K Tax Savings Investment Plan-10$2,313,556$71,788$7,179iApproximate average salary by contribution assumption: employee only about $179,470 at 4% or $119,647 at 6%; with 50% employer match about $119,647 at 4% or $79,764 at 6%; with 100% employer match about $89,735 at 4% or $59,823 at 6%.
2014110$2,264,099$77,735$7,774iApproximate average salary by contribution assumption: employee only about $194,338 at 4% or $129,558 at 6%; with 50% employer match about $129,558 at 4% or $86,372 at 6%; with 100% employer match about $97,169 at 4% or $64,779 at 6%.
Abs 401K Tax Savings Investment Plan-10$2,264,099$77,735$7,774iApproximate average salary by contribution assumption: employee only about $194,338 at 4% or $129,558 at 6%; with 50% employer match about $129,558 at 4% or $86,372 at 6%; with 100% employer match about $97,169 at 4% or $64,779 at 6%.
2013111$2,267,000$61,012$5,547iApproximate average salary by contribution assumption: employee only about $138,664 at 4% or $92,442 at 6%; with 50% employer match about $92,442 at 4% or $61,628 at 6%; with 100% employer match about $69,332 at 4% or $46,221 at 6%.
Abs 401K Tax Savings Investment Plan-11$2,267,000$61,012$5,547iApproximate average salary by contribution assumption: employee only about $138,664 at 4% or $92,442 at 6%; with 50% employer match about $92,442 at 4% or $61,628 at 6%; with 100% employer match about $69,332 at 4% or $46,221 at 6%.
2012112$1,907,215$52,424$4,369iApproximate average salary by contribution assumption: employee only about $109,217 at 4% or $72,811 at 6%; with 50% employer match about $72,811 at 4% or $48,541 at 6%; with 100% employer match about $54,608 at 4% or $36,406 at 6%.
Abs 401K Tax Savings Investment Plan-12$1,907,215$52,424$4,369iApproximate average salary by contribution assumption: employee only about $109,217 at 4% or $72,811 at 6%; with 50% employer match about $72,811 at 4% or $48,541 at 6%; with 100% employer match about $54,608 at 4% or $36,406 at 6%.
2011116$1,824,060$63,712$3,982iApproximate average salary by contribution assumption: employee only about $99,550 at 4% or $66,367 at 6%; with 50% employer match about $66,367 at 4% or $44,244 at 6%; with 100% employer match about $49,775 at 4% or $33,183 at 6%.
Abs 401K Tax Savings Investment Plan-16$1,824,060$63,712$3,982iApproximate average salary by contribution assumption: employee only about $99,550 at 4% or $66,367 at 6%; with 50% employer match about $66,367 at 4% or $44,244 at 6%; with 100% employer match about $49,775 at 4% or $33,183 at 6%.
2010117$1,638,575$66,553$3,915iApproximate average salary by contribution assumption: employee only about $97,872 at 4% or $65,248 at 6%; with 50% employer match about $65,248 at 4% or $43,499 at 6%; with 100% employer match about $48,936 at 4% or $32,624 at 6%.
Abs 401K Tax Savings Investment Plan-17$1,638,575$66,553$3,915iApproximate average salary by contribution assumption: employee only about $97,872 at 4% or $65,248 at 6%; with 50% employer match about $65,248 at 4% or $43,499 at 6%; with 100% employer match about $48,936 at 4% or $32,624 at 6%.
2009116$1,319,010$77,009$4,813iApproximate average salary by contribution assumption: employee only about $120,327 at 4% or $80,218 at 6%; with 50% employer match about $80,218 at 4% or $53,478 at 6%; with 100% employer match about $60,163 at 4% or $40,109 at 6%.
Abs 401K Tax Savings Investment Plan-16$1,319,010$77,009$4,813iApproximate average salary by contribution assumption: employee only about $120,327 at 4% or $80,218 at 6%; with 50% employer match about $80,218 at 4% or $53,478 at 6%; with 100% employer match about $60,163 at 4% or $40,109 at 6%.
2008117$0$0-
Abs 401K Tax Savings Investment Plan-17---
2007116$0$0-
Abs 401K Tax Savings Investment Plan-16---
2006117$1,797,946$78,313$4,607iApproximate average salary by contribution assumption: employee only about $115,166 at 4% or $76,777 at 6%; with 50% employer match about $76,777 at 4% or $51,185 at 6%; with 100% employer match about $57,583 at 4% or $38,389 at 6%.
Abs 401K Tax Savings Investment Plan-17$1,797,946$78,313$4,607iApproximate average salary by contribution assumption: employee only about $115,166 at 4% or $76,777 at 6%; with 50% employer match about $76,777 at 4% or $51,185 at 6%; with 100% employer match about $57,583 at 4% or $38,389 at 6%.
2005118$1,581,125$78,013$4,334iApproximate average salary by contribution assumption: employee only about $108,351 at 4% or $72,234 at 6%; with 50% employer match about $72,234 at 4% or $48,156 at 6%; with 100% employer match about $54,176 at 4% or $36,117 at 6%.
Abs 401K Tax Savings Investment Plan-18$1,581,125$78,013$4,334iApproximate average salary by contribution assumption: employee only about $108,351 at 4% or $72,234 at 6%; with 50% employer match about $72,234 at 4% or $48,156 at 6%; with 100% employer match about $54,176 at 4% or $36,117 at 6%.
2004123$1,479,013$82,313$3,579iApproximate average salary by contribution assumption: employee only about $89,471 at 4% or $59,647 at 6%; with 50% employer match about $59,647 at 4% or $39,765 at 6%; with 100% employer match about $44,735 at 4% or $29,824 at 6%.
Abs 401K Tax Savings Investment Plan-23$1,479,013$82,313$3,579iApproximate average salary by contribution assumption: employee only about $89,471 at 4% or $59,647 at 6%; with 50% employer match about $59,647 at 4% or $39,765 at 6%; with 100% employer match about $44,735 at 4% or $29,824 at 6%.
2003125$0$0-
Abs 401K Tax Savings Investment Plan-25---
2002125$0$0-
Abs 401K Tax Savings Investment Plan-25---
2001124$0$0-
Abs 401K Tax Savings Investment Plan-24---
2000124$0$0-
Abs 401K Tax Savings Investment Plan-24---
1999127$1,772,557$102,642$3,802iApproximate average salary by contribution assumption: employee only about $95,039 at 4% or $63,359 at 6%; with 50% employer match about $63,359 at 4% or $42,240 at 6%; with 100% employer match about $47,519 at 4% or $31,680 at 6%.
Abs 401K Tax Savings Investment Plan-27$1,772,557$102,642$3,802iApproximate average salary by contribution assumption: employee only about $95,039 at 4% or $63,359 at 6%; with 50% employer match about $63,359 at 4% or $42,240 at 6%; with 100% employer match about $47,519 at 4% or $31,680 at 6%.