Plan Ledger DOL Form 5500 · updated monthly

American Bancard LLC401(k)

AMERICAN BANCARD LLC 401(K) PROFIT SHARING PLAN & TRUST · BOCA RATON, FL · plan year 2025

Reported admin expense ratio · 2025
0.91%

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

American Bancard LLC reported $11,207 in plan administrative expenses for 2025: 0.91% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,088 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Florida (3,284th of 3,644), and 4,702nd of 4,798 in finance & insurance. In 2025, employees put in $2.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,319,565
Participants with balances131
Active participants31
Employer contributions$64,714
Employee contributions$181,607
Employer contribution per active participant$2,088
Average account balance$10,073
Benefits paid to participants$208,587
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$5,209
Investment management$5,998
Total administrative$11,207
The American Bancard LLC 401(k) match · 2025
Employer contribution per active participant$2,088
Median for plans this size$1,464

American Bancard LLC's 2025 employer contribution ran above the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
PAYCHEX, INC. · Recordkeeping$5,209
LEVELIZED COMPENSATION ADVISOR · Investment advisory (plan)$5,998

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

Administrative cost history1
2025$11,207 · 0.91%
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Source: U.S. Department of Labor, Form 5500 series, EIN 562444741 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.