Plan Snapshot
- Plan Sponsor: Amarillo National Bank
- Sponsor EIN: 750109799
- Sponsor Address: 410 SOUTH TAYLOR, AMARILLO, TX, 79105
- Plan Type: 401(k)
- Total Participants: 719
- Total Assets: $118.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 719 | $118.5M | $2.5M | $3.4M |
| 2023 | 679 | $102.0M | $2.3M | $3.0M |
| 2022 | 619 | $85.9M | $2.2M | $2.9M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | NONE | $179,395 | — | $179,395 |
| EMPOWER ADVISORY GROUP, LLC | NONE | $11,627 | — | $11,627 |
| JOHNSON & SHELDON, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHNSON & SHELDON, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $191,022
- Estimated Expense Ratio: 0.161% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $191,022 | $11,627 | — | — | — |
| 2023 | $154,743 | $9,710 | — | — | — |
| 2022 | $146,890 | — | $146,890 | — | — |