Plan Ledger DOL Form 5500 · updated monthly

The American National Bank of Texas401(k)

THE AMERICAN NATIONAL BANK OF TEXAS 401(K) PROFIT SHARING PLAN · TERRELL, TX · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

The American National Bank of Texas reported $81,840 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $2,953 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 0.126%. 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 852nd-largest of 5,688 plans among Texas employers on file, and the 1,317th of 4,798 in finance & insurance. In 2024, employees put in $2.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$68,527,797
Participants with balances596
Active participants581
Employer contributions$1,715,868
Employee contributions$3,473,455
Employer contribution per active participant$2,953
Average account balance$114,980
Benefits paid to participants$6,007,092
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$68.5M · 596 accts · $1.7M emplr
2023$61.8M · 575 accts · $1.6M emplr
2022$54.6M · 549 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$78,736
Investment management$3,104
Total administrative$81,840
The The American National Bank of Texas 401(k) match · 2024
Employer contribution per active participant$2,953
Median for plans this size$3,635
2024$2,953 per active participant
2023$2,839 per active participant
2022$2,723 per active participant

The American National Bank of Texas's 2024 employer contribution ran below 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 · 20243
BLUE RIDGE ESOP ASSOCIATES · Contract administrator$31,147
EMPOWER ADVISORY GROUP, LLC · Investment management$3,104

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$81,840 · 0.13%
2023$66,369 · 0.11%
2022$76,541 · 0.13%
All plans at this employer2
THE AMERICAN NATIONAL BANK OF TEXAS 401(K) PROFIT SHARING PLAN401(k)
THE AMERICAN NATIONAL BANK OF TEXAS EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansFinance & Insurance · Texas
Elevate Credit Service, LLC TX$65.6M · 0.02%
Trafigura Trading LLC TX$65.2M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751747054 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.