Plan Ledger DOL Form 5500 · updated monthly

American Financing Corporation401(k)

AMERICAN FINANCING CORPORATION 401(K) PLAN · AURORA, CO · plan year 2024

Reported admin expense ratio · 2024
0.69%

American Financing Corporation reported $52,423 in plan administrative expenses for 2024: 0.69% of average plan assets, above the peer median. 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 fell from 0.76% to 0.69%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Colorado (867th of 1,461), and 4,152nd of 4,798 in finance & insurance. active participation has grown from 129 to 191 since 2022.

Plan summary
Net assets, end of year$8,210,706
Participants with balances277
Active participants191
Employer contributions—
Employee contributions$606,605
Employer contribution per active participant—
Average account balance$29,642
Benefits paid to participants$555,399
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.2M · 277 accts
2023$7.0M · 291 accts
2022$7.7M · 331 accts · $781K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,911
Trustee / custodial$3,512
Total administrative$52,423
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
NEWPORT GROUP, INC. · Contract administrator · Recordkeeping$48,911

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$52,423 · 0.69%
2023$44,226 · 0.62%
2022$64,279 · 0.76%
Same employer
Similar plansFinance & Insurance · Colorado
First Pioneer Bank Corp. CO$13.5M · 0.48%
Funding Circle USA, Inc. CO$12.6M · 0.16%
Inbankshares, Corp CO$8.0M · 0.61%
Aas Services, LLC CO$7.3M · 1.04%
Fleet Financial Inc. CO$4.4M · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841594306 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.