Amalgamated Bank of Chicago 401(k) match, vesting and fees
What Amalgamated Bank of Chicago's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Schwab Retirement Plan Services,inc | Schedule C ↗ |
| Independent auditor | Smith & Howard, PC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,409 defined-contribution plans in finance and insurance with 100 to 499 participants.
| Amalgamated Bank of Chicago: employer contribution per participant | $5,177 | |
| Peer median | $2,868 |
| Amalgamated Bank of Chicago: average balance | $167,546 | |
| Peer median | $95,281 |
| Amalgamated Bank of Chicago: admin expenses ÷ assets | 0.18% | |
| Peer median | 0.22% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $31.5M at the end of plan year 2021 to $26.5M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 161 | $26.5M | $818K | $5,177 | 0.18% | Not published | Form 5500 ↗ |
| 2023 | 156 | $26.7M | $772K | $5,043 | 0.20% | Not published | Form 5500 ↗ |
| 2022 | 143 | $25.5M | $652K | $4,655 | 0.21% | Not published | Form 5500 ↗ |
| 2021 | 146 | $31.5M | $719K | $4,958 | 0.20% | Not published | Form 5500 ↗ |
Other Amalgamated Bank of Chicago plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Amalgamated Bank of Chicago Union Profit Sharing Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
Amalgamated Bank of Chicago Retirement Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Amalgamated Bank of Chicago Trust D | Schedule C ↗ |
| Independent auditor | Smith & Howard, PC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Amalgamated Bank of Chicago match 401(k) contributions?
The match terms for the Amalgamated Bank of Chicago Salaried Employees' Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $818K in employer contributions, about $5,177 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Amalgamated Bank of Chicago 401(k) match vested?
The vesting schedule for the Amalgamated Bank of Chicago Salaried Employees' Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Amalgamated Bank of Chicago 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Schwab Retirement Plan Services,inc. The plan administrator is Amalgamated Bank of Chicago.
I left Amalgamated Bank of Chicago. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Amalgamated Bank of Chicago, (312) 822-3125) or the recordkeeper, Schwab Retirement Plan Services,inc. The Amalgamated Bank of Chicago old 401(k) page lists the contacts from every plan filing. Find an old Amalgamated Bank of Chicago 401(k)
Data from the public Form 5500 annual reports Amalgamated Bank of Chicago filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Amalgamated Bank of Chicago. Not financial advice. Report a correction · Methodology