Plan Ledger DOL Form 5500 · updated monthly

American Advisors Group401(k)

AMERICAN ADVISORS GROUP 401(K) PLAN · COSTA MESA, CA · plan year 2022

Reported admin expense ratio · 2022
0.38%

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

American Advisors Group reported $191,408 in plan administrative expenses for 2022: 0.38% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,659 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 0.38% to 0.55%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,828th-largest of 9,483 plans among California employers on file, and the 1,732nd of 4,798 in finance & insurance. In 2022, employees put in $3.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$47,827,048
Participants with balances1,168
Active participants737
Employer contributions$2,696,349
Employee contributions$9,286,396
Employer contribution per active participant$3,659
Average account balance$40,948
Benefits paid to participants$8,895,950
Plan auditUnmodified (clean) audit opinion
AuditorMARCUM LLP
Plan history2
Yearassets · accounts · employer contribution
2023$3K · 3 accts · $737K emplr
2022$47.8M · 1,168 accts · $2.7M emplr
The American Advisors Group 401(k) match · 2022
Employer contribution per active participant$3,659
Median for plans this size$3,449
2023$147,388 per active participant
2022$3,659 per active participant

American Advisors Group's 2022 employer contribution ran above the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$132,557 · 0.55%
2022$191,408 · 0.38%
Similar plansFinance & Insurance · California
Crescent Capital Group LP CA$48.5M · 0.07%
Bank of Marin CA$46.9M · 0.16%
Pcb Bank CA$46.6M · 0.07%
Montecito Bank and Trust CA$45.9M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201832276 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.