Plan Ledger DOL Form 5500 · updated monthly

American Fidelity Corporation401(k)

AMERICAN FIDELITY COMPANIES EMPLOYEE SAVINGS PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

American Fidelity Corporation reported $31,681 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,439 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 0.003% to 0.004%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other management of companies employers. By assets it is the 9th-largest of 724 plans among Oklahoma employers on file, and the 50th of 786 in management of companies. In 2024, employees put in $1.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$870,470,312
Participants with balances4,613
Active participants3,713
Employer contributions$23,906,672
Employee contributions$36,201,707
Employer contribution per active participant$6,439
Average account balance$188,699
Benefits paid to participants$57,707,769
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$870.5M · 4,613 accts · $23.9M emplr
2023$750.6M · 4,462 accts · $21.1M emplr
2022$633.8M · 4,325 accts · $22.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,681
Total administrative$31,681
The American Fidelity Corporation 401(k) match · 2024
Employer contribution per active participant$6,439
Median for plans this size$4,294
2024$6,439 per active participant
2023$5,916 per active participant
2022$6,659 per active participant

American Fidelity Corporation's 2024 employer contribution ran above the $4,294 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$28,919

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$31,681 · 0.00%
2023$30,340 · 0.00%
2022$22,772 · 0.00%
Same employer
Similar plansManagement of Companies · Oklahoma
Associated Banc-Corp WI$963.9M · 0.03%
Pentair Inc MN$909.7M · 0.06%
Kemper Corporation IL$887.5M · 0.06%
Concentrix Cvg Corporation OH$879.7M · 0.06%
Synovus Financial Corp. GA$855.8M · 0.05%
Thryv Holdings Inc. TX$840.6M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 730966202 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.