American Bankers Association 401(k) match, vesting and fees
What American Bankers Association'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 | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Cliftonlarsonallen LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 655 defined-contribution plans in finance and insurance with 500 to 999 participants.
| American Bankers Association: employer contribution per participant | $13,770 | |
| Peer median | $2,935 |
| American Bankers Association: average balance | $384,257 | |
| Peer median | $92,770 |
| American Bankers Association: admin expenses ÷ assets | 0.03% | |
| Peer median | 0.15% |
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 $186M at the end of plan year 2021 to $198M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 516 | $198M | $7.1M | $13,770 | 0.03% | Not published | Form 5500 ↗ |
| 2023 | 516 | $181M | $6.3M | $12,273 | 0.07% | Not published | Form 5500 ↗ |
| 2022 | 504 | $150M | $5.8M | $11,509 | 0.06% | Not published | Form 5500 ↗ |
| 2021 | 495 | $186M | $5.6M | $11,309 | 0.06% | Not published | Form 5500 ↗ |
Other American Bankers Association plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Employees' Retirement Plan of the American Bankers Association
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 | Alight Solutions LLC | 2022 Schedule C ↗ |
| Plan type and status | Pension (defined benefit) · Terminated (final filing) | Form 5500 ↗ |
The recordkeeper is from the plan year 2022 filing, the latest that names one. The other rows are from the plan year 2023 filing.
Common questions
Does American Bankers Association match 401(k) contributions?
The match terms for the Employees' Thrift Plan of the American Bankers Association have not been published from its filing yet. The plan year 2024 filing reports $7.1M in employer contributions, about $13,770 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the American Bankers Association 401(k) match vested?
The vesting schedule for the Employees' Thrift Plan of the American Bankers Association is not in the data published so far. Your Summary Plan Description states it.
Who manages the American Bankers Association 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is American Bankers Association.
I left American Bankers Association. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (American Bankers Association, (202) 663-5000) or the recordkeeper, Fidelity Investments Institutional. The American Bankers Association old 401(k) page lists the contacts from every plan filing. Find an old American Bankers Association 401(k)
Data from the public Form 5500 annual reports American Bankers Association 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 American Bankers Association. Not financial advice. Report a correction · Methodology