401(k) · DOL Form 5500 · 2023

American Bank 401(k) Plan

Data updated 2026-08-25

$55M
Total assets Below avg plan size
346
Participants Below avg headcount
86th
Percentile by assets National rank
$157,832
Avg per participant Above avg balance/head
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Official DOL plan name: American Bank Employee Savings Plan · Sponsored by American Bank · Texas · Finance & Insurance

$55M in assets, 346 participants

American Bank's American Bank Employee Savings Plan reported $55M in total assets and 346 participants in its 2023 DOL Form 5500 filing, ranking in the 86th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #7,022 in Finance & Insurance (8,869 peers)

Where American Bank Employee Savings Plan sits by assets

American Bank Employee Savings Plan sits in the top quartile of all filed plans by assets, $55M for 346 participants (~$157,832/participant), up 21.2% in 2023.

#7,022
in Finance & Insurance (8,869 peers)
+21.2%
assets growth YoY
0.5×
vs typical plan assets (national mean)

American Bank Employee Savings Plan's outsized position by total assets

American Bank Employee Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$54,609,919 Top 14% higher than 86% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

American Bank Employee Savings Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. American Bank Employee Savings Plan sits mid-pack in the medium band (346 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • American Bank Employee Savings Plan reported net income rose from -$10M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • American Bank Employee Savings Plan end-of-year assets rose from $45M in the plan year 2022 filing to $55M in the plan year 2023 filing.
  • American Bank Employee Savings Plan reported participants rose from 316 in the plan year 2022 filing to 346 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 741650800 · American Bank PY 2023 · 401(k)

American Bank Employee Savings Plan · $55M · 346 · 86th

  • EOY $55M
  • 5500 346
  • ASSETS 86th
  • PCT 401(k)
  • EIN near Agilix Solutions, LLC Profit Sharing Plan
  • RANK ind #7022

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Texas →

American Bank Employee Savings Plan in the asset neighbourhood

Timber Products Co. 401(k) PlanTimber Products Co. 401(k) P…$55MAmerican Bank Employee Savings PlanAmerican Bank Employee Savin…$55MAgilix Solutions, LLC Profit Sharing PlanAgilix Solutions, LLC Profit…$55M401(k) Profit Sharing Plan for Employees of Vna Care Network, Inc.401(k) Profit Sharing Plan f…$55MRiverstone Group Inc. and Affiliates Employee Savings PlanRiverstone Group Inc. and Af…$55M
End-of-year total assets ($M) among American Bank Employee Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$55M
Net Income$10M
Employer EIN741650800
Plan Effective Date1990-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Bank)

Sponsor-wide plan assets over time

All American Bank plans reported in each filing year

Latest sponsor-wide plan assets
$63M 39.10400455879754% vs 2022
2024 filing year
$40M$50M$60M$70M 202220232024 $45.1M $62.7M ▲ +39.1%
Year Plans Participants Total Assets
2022 1 316 $45M
2023 1 346 $55M
2024 1 372 $63M

Nearby 401(k) Plans in Texas

Peer 401(k) plans, same state, same plan type, ranked by total assets.

American Bank Employee Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants American Bank Employee Savings Plan, Total assets ($B): 0.054609919 · Participants: 346American Bank Employee Savings PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
American Bank Employee Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

American Bank Employee Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Agilix Solutions, LLC Profit Sharing Plan in MO ($55M); by covered participants it is Intermountain Nutrition LLC Retirement Plan in UT (346 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (346 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did American Bank Employee Savings Plan assets move in 2023?
American Bank Employee Savings Plan grew sharply - up 21.2% during 2023, from $45M to $55M. Reported net income was $10M.
How have American Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), American Bank's sponsor-wide assets grew 39.1%, from $45M to $63M.
Where does American Bank Employee Savings Plan rank by assets among Form 5500 filers?
American Bank Employee Savings Plan ranks in the 86th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to American Bank Employee Savings Plan?
Among 401(k) plans in other states, the closest by assets is Agilix Solutions, LLC Profit Sharing Plan in MO ($55M, 378 participants).
Which 401(k) plans cover a similar participant headcount to American Bank Employee Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Intermountain Nutrition LLC Retirement Plan in UT (346 participants, $159K in assets).