form5500lookup

Form 5500 · Employee benefit plan · SAN JUAN

ABLE SALES COMPANY, INC.

The filing calls this plan ABLE SALES COMPANY, INC. LTD PLAN.

ABLE SALES COMPANY, INC. of SAN JUAN, PR files a Form 5500 with the U.S. Department of Labor disclosing its employee benefit plan. Its broker of record is IKON INSURANCE, INC.. Coverage is written through MULTINATIONAL LIFE INSURANCE COMPANY. The plan's most recent policy period ended in December.

Benefits broker of record
Policy year ends
Decemberas filed for plan year 2025

Sourced from U.S. DOL EFAST2 Form 5500 · EIN 66-0320315 · plan 503 · plan year 2025, filed Jul 16, 2026

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How this plan is funded

Funding not settled by the filing

The filing does not report enough to settle how this plan pays for benefits.

All participants at the start of the year
220
Active at start of year
220
Active at end of year
211
Disclosed commissions
$4,027
Typical renewal
January 1

Benefits declared on this filing

Healthdeclared under plan 501
Dentalnot declared on this filing
Visionnot declared on this filing
Lifenot declared on this filing
Disabilityinsured — MULTINATIONAL LIFE INSURANCE COMPANY211 of 220 participants (96%)

Declared benefits are the plan’s own line 8b codes on Form 5500. “Not on Schedule A” means no insured contract for that line appears on this filing. That usually means the benefit is self-funded, or it sits under a different plan number.

Persons covered is the count the carrier filed for that policy at the end of its policy year, and it can include dependents. Participants is the plan's own count at the start of its plan year. The two count different people, so a covered figure can be larger.

Plan brief

The filing discloses a single insured line, disability, through MULTINATIONAL LIFE INSURANCE COMPANY, covering 211 people.

Reported premium across the insured contracts is $20,133, with $4,027 in disclosed broker commissions — about 20% of premium.

The most recent policy period ended in December, and the plan year ends December 31. Group contracts typically renew on that annual cycle.

Schedule A insurance contracts

CarrierBenefitsCoveredRenewsPremiumCommission
MULTINATIONAL LIFE INSURANCE COMPANYDisability211Jan 1, 2026$20,133$4,027

Premium and claims on this contract

MULTINATIONAL LIFE INSURANCE COMPANY, contract 60-4443-000. For the contract year on this filing, the carrier reported $20,133 in premium earned and $8,840 in claims incurred. Dividing one by the other gives 44%.

Only experience-rated contracts report these figures, so most filings leave them blank.

Covered = persons covered at policy year end, as filed on Schedule A for that policy — often certificates or one class, not the whole plan. Premium = the filing’s own premium/charges figure; “—” means not credibly reported.

See the filing at the Department of Labor

Administrator and service providers

Plan administrator on the filing
ABLE SALES COMPANY, INC.
EIN 66-0320315

The plan administrator is from line 3a of the main form. We publish company names only.

Other plans filed by this employer

How this plan compares

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