Plan Ledger DOL Form 5500 · updated monthly

Amalgamated Bank401(k)

AMALGAMATED BANK 401(K) PLAN FOR NON-COLLECTIVELY BARGAINED EMPLOYEES · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.09%

Amalgamated Bank reported $36,651 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.07% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,463rd-largest of 5,648 plans among New York employers on file, and the 1,789th of 4,798 in finance & insurance. active participation has grown from 199 to 219 since 2022.

Plan summary
Net assets, end of year$45,436,461
Participants with balances327
Active participants219
Employer contributions—
Employee contributions$2,877,318
Employer contribution per active participant—
Average account balance$138,949
Benefits paid to participants$4,566,247
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$45.4M · 327 accts
2023$40.6M · 339 accts
2022$33.9M · 319 accts
What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$20,242
VANGUARD ADVISERS INC. · Investment advisory (participants)$17,158

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$36,651 · 0.09%
2023$33,112 · 0.09%
2022$27,374 · 0.07%
All plans at this employer2
AMALGAMATED BANK 401(K) PLAN FOR COLLECTIVELY BARGAINED EMPLOYEES401(k)
AMALGAMATED BANK 401(K) PLAN FOR NON-COLLECTIVELY BARGAINED EMPLOYEES401(k)
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 134920330 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.