Plan Ledger DOL Form 5500 · updated monthly

Ameri-National Corporation401(k)

AMERI-NATIONAL CORPORATION 401(K) PLAN · KANSAS CITY, MO · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Ameri-National Corporation reported $143,163 in plan administrative expenses for 2024: 0.25% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,056 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 0.21% to 0.25%. 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 287th-largest of 1,393 plans among Missouri employers on file, and the 1,456th of 4,798 in finance & insurance. In 2024, employees put in $3.54 for every $1.00 the employer contributed; active participation has shrunk from 410 to 354 since 2022.

Plan summary
Net assets, end of year$60,121,964
Participants with balances440
Active participants354
Employer contributions$1,081,803
Employee contributions$3,825,019
Employer contribution per active participant$3,056
Average account balance$136,641
Benefits paid to participants$6,101,780
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$60.1M · 440 accts · $1.1M emplr
2023$53.6M · 449 accts · $937K emplr
2022$46.7M · 490 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$133,243
Investment management$9,920
Total administrative$143,163
The Ameri-National Corporation 401(k) match · 2024
Employer contribution per active participant$3,056
Median for plans this size$3,635
2024$3,056 per active participant
2023$2,616 per active participant
2022$3,086 per active participant

Ameri-National Corporation'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$122,668
CREATIVE PLANNING INC · Investment advisory (plan)$20,495

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

Administrative cost history3
2024$143,163 · 0.25%
2023$124,200 · 0.25%
2022$105,515 · 0.21%
Same employer
Similar plansFinance & Insurance · Missouri
Country Club Bank MO$76.2M · 0.19%
Flat Branch Mortgage, Inc. MO$75.3M · 0.18%
Southern Bank MO$70.4M · 0.02%
Hawthorn Bancshares, Inc. MO$53.1M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 481055686 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.