Plan Ledger DOL Form 5500 · updated monthly

Amarillo National Bank401(k)

AMARILLO NATIONAL BANK 401(K) PLAN · AMARILLO, TX · plan year 2024

Reported admin expense ratio · 2024
0.17%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Amarillo National Bank reported $191,022 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $3,445 per active participant. 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 0.16% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 562nd-largest of 5,688 plans among Texas employers on file, and the 878th of 4,798 in finance & insurance. In 2024, employees put in $1.36 for every $1.00 the employer contributed; active participation has grown from 619 to 719 since 2022.

Plan summary
Net assets, end of year$118,478,773
Participants with balances877
Active participants719
Employer contributions$2,477,087
Employee contributions$3,364,609
Employer contribution per active participant$3,445
Average account balance$135,096
Benefits paid to participants$3,585,183
Plan auditUnmodified (clean) audit opinion
AuditorJOHNSON & SHELDON, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$118.5M · 877 accts · $2.5M emplr
2023$102.0M · 829 accts · $2.3M emplr
2022$85.9M · 788 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$179,395
Investment management$11,627
Total administrative$191,022
The Amarillo National Bank 401(k) match · 2024
Employer contribution per active participant$3,445
Median for plans this size$3,635
2024$3,445 per active participant
2023$3,330 per active participant
2022$3,542 per active participant

Amarillo National Bank's 2024 employer contribution ran below the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

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
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Loan processing$179,395
EMPOWER ADVISORY GROUP, LLC · Investment management · Investment advisory (participants)$11,627

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$191,022 · 0.17%
2023$154,743 · 0.16%
2022$146,890 · 0.16%
Similar plansFinance & Insurance · Texas
Cornerstone Capital Bank TX$136.2M · 0.19%
Bepco, L.P. TX$123.0M · 0.10%
Broadway Bancshares, Inc. TX$120.9M · 0.16%
Kestra Financial, Inc. TX$115.4M · 0.11%
Colonial Savings, F.A. TX$107.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 750109799 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.