Plan Ledger DOL Form 5500 · updated monthly

American National Group Services401(k)

AMERICAN NATIONAL 401(K) PLAN · GALVESTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

American National Group Services reported $283,605 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $4,521 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 $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 228th-largest of 5,688 plans among Texas employers on file, and the 347th of 4,798 in finance & insurance. In 2024, employees put in $1.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$413,634,441
Participants with balances5,386
Active participants2,923
Employer contributions$13,215,755
Employee contributions$20,716,613
Employer contribution per active participant$4,521
Average account balance$76,798
Benefits paid to participants$83,564,246
Plan auditUnmodified (clean) audit opinion
AuditorPANNELL KERR FORSTER OF TEXAS, P.C.
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$283,605
Total administrative$283,605
The American National Group Services 401(k) match · 2024
Employer contribution per active participant$4,521
Median for plans this size$4,294

American National Group Services'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.

Administrative cost history1
2024$283,605 · 0.07%
Same employer
Similar plansFinance & Insurance · Texas
Rithm Capital LLC TX$516.7M · 0.07%
Dimensional Investment LLC TX$450.4M · 0.00%
Rithm Capital LLC TX$446.0M · 0.17%
Prosperity Bancshares, Inc. TX$383.0M · 0.09%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 932850635 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.