Plan Ledger DOL Form 5500 · updated monthly

American National Bank401(k)

AMERICAN NATIONAL BANK 401(K) PROFIT SHARING PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

American National Bank reported $118,545 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $4,403 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 3 years on file its reported administrative ratio has held roughly steady near 0.150%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 82nd-largest of 565 plans among Nebraska employers on file, and the 1,168th of 4,798 in finance & insurance. In 2024, employees put in $1.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$81,758,438
Participants with balances695
Active participants521
Employer contributions$2,293,944
Employee contributions$3,512,242
Employer contribution per active participant$4,403
Average account balance$117,638
Benefits paid to participants$9,955,862
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$81.8M · 695 accts · $2.3M emplr
2023$76.5M · 708 accts · $2.4M emplr
2022$72.7M · 743 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$73,545
Investment management$45,000
Total administrative$118,545
The American National Bank 401(k) match · 2024
Employer contribution per active participant$4,403
Median for plans this size$3,635
2024$4,403 per active participant
2023$4,354 per active participant
2022$4,040 per active participant

American National Bank's 2024 employer contribution ran above the $3,635 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 · 20242
USI ADVISORS INC · Investment advisory (plan)$45,000

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$118,545 · 0.15%
2023$85,245 · 0.11%
2022$122,063 · 0.15%
Same employer
Similar plansFinance & Insurance · Nebraska
Lauritzen Corporation NE$96.0M · 0.02%
First York Ban Corp NE$54.7M · 0.07%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 470486526 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.