Plan Ledger DOL Form 5500 · updated monthly

American Bancshares Mortgage401(k)

AMERICAN BANCSHARES MORTGAGE 401(K) PLAN · MIAMI LAKES, FL · plan year 2022

Reported admin expense ratio · 2022
0.02%

American Bancshares Mortgage reported $90 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Florida (3,521st of 3,644), and 4,758th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$388,840
Participants with balances26
Active participants90
Employer contributions—
Employee contributions$80,735
Employer contribution per active participant—
Average account balance$14,955
Benefits paid to participants$131,133
Plan auditUnmodified (clean) audit opinion
AuditorVERDEJA, DEARMAS ,TRUJILLO, ALVAREZ
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 history1
2022$90 · 0.02%
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Renegade Insurance FL$223K · 0.93%
Lloyd Jones LLC FL$209K · 1.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650763054 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.