401(k) · DOL Form 5500 · 2024

American Bank 401(k) Plan

Data updated 2026-08-25

$63M
Total assets Below avg plan size
372
Participants Below avg headcount
87th
Percentile by assets National rank
$168,512
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

$63M in assets, 372 participants

American Bank's American Bank Employee Savings Plan reported $63M in total assets and 372 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.

  • #6,767 in Finance & Insurance (8,549 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, $63M for 372 participants (~$168,512/participant), up 14.8% in 2024.

#6,767
in Finance & Insurance (8,549 peers)
+14.8%
assets growth YoY
0.6×
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 2024 · DOL Form 5500

$62,686,545 Top 13% higher than 87% of 123,620 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 2024

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

Plan-year 2024 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 (372 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • American Bank Employee Savings Plan reported net income fell from $10M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • American Bank Employee Savings Plan end-of-year assets rose from $55M in the plan year 2023 filing to $63M in the plan year 2024 filing.
  • American Bank Employee Savings Plan reported participants rose from 346 in the plan year 2023 filing to 372 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 741650800 · American Bank PY 2024 · 401(k)

American Bank Employee Savings Plan · $63M · 372 · 87th

  • ASSETS $63M
  • PCT 372
  • EIN 87th
  • RANK 401(k)
  • PHOTO near 61st Street Service Corporation 401(k) Retirement Plan
  • IND ind #6767

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

Ind Acct Plan for the Oregon Sheet Metal WorkersInd Acct Plan for the Oregon…$63MSpin Master 401(k) Plan$63MAmerican Bank Employee Savings PlanAmerican Bank Employee Savin…$63M61st Street Service Corporation 401(k) Retirement Plan61st Street Service Corporat…$63MDecore-Ative Specialties, Inc. 401(k) Profit Sharing PlanDecore-Ative Specialties, In…$63M
End-of-year total assets ($M) among American Bank Employee Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$55M
Net Assets (End of Year)$63M
Net Income$8M
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): 0.062686545 · Participants: 372American Bank Employee Savings PlanAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings Plan
American Bank Employee Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare American Bank Employee Savings Plan side-by-side with 3 peers →

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 61st Street Service Corporation 401(k) Retirement Plan in NY ($63M); by covered participants it is Affiliated Healthcare Systems Retirement Partnership 401(k) Plan in ME (372 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (372 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
American Bank Employee Savings Plan grew at a solid clip - up 14.8% during 2024, from $55M to $63M. Reported net income was $8M.
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 87th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 61st Street Service Corporation 401(k) Retirement Plan in NY ($63M, 1,403 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 Affiliated Healthcare Systems Retirement Partnership 401(k) Plan in ME (372 participants, $32M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 741650800.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.