Plan Ledger DOL Form 5500 · updated monthly

Amcap Mortgage, LTD.401(k)

AMCAP 401(K) PLAN · HOUSTON, TX · plan year 2023

Reported admin expense ratio · 2023
0.89%

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

Amcap Mortgage, LTD. reported $193,564 in plan administrative expenses for 2023: 0.89% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 1 year on file its reported administrative ratio rose from 0.81% to 0.89%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,809th-largest of 5,688 plans among Texas employers on file, and 2,789th of 4,798 in finance & insurance. In 2023, employees put in $955588.00 for every $1.00 the employer contributed; active participation has shrunk from 856 to 490 since 2022.

Plan summary
Net assets, end of year$23,527,734
Participants with balances536
Active participants490
Employer contributions$3
Employee contributions$2,866,764
Employer contribution per active participant$0
Average account balance$43,895
Benefits paid to participants$2,417,048
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $103K emplr
2023$23.5M · 536 accts · $3 emplr
2022$19.8M · 598 accts · $37K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$173,930
Investment management$4,109
Total administrative$193,564
The Amcap Mortgage, LTD. 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$2,440
2023$0 per active participant
2022$44 per active participant

Amcap Mortgage, LTD.'s 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom quarter of its peers. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
JOHN HANCOCK · Recordkeeping · Investment management$8,856
WILSHIRE ASSOCIATES INC. · Investment advisory (participants)$4,109

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024Not separately reported
2023$193,564 · 0.89%
2022$167,824 · 0.81%
Same employer
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Neighborhood Credit Union TX$24.0M · 0.39%
Rave Financial Credit Union TX$23.4M · 0.12%
Texas Bank TX$22.8M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320016270 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.