Plan Snapshot
- Plan Sponsor: American Bankers Association
- Sponsor EIN: 521001304
- Sponsor Address: 1333 NEW HAMPSHIRE AVENUE, NW, WASHINGTON, DC, 20036
- Plan Type: Health & Welfare
- Plan Number: 505
- Total Participants: 0
- Total Assets: $16.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $16.6M | $0 | $200,058 |
| 2023 | 0 | $16.2M | $0 | $200,011 |
| 2022 | 0 | $15.4M | $10.0M | $172,496 |
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 |
|---|---|---|---|---|
| NORTHERN TRUST COMPANY | Other Service Provider | $44,091 | — | $44,091 |
| CLIFTONLARSENALLEN LLP | Auditor | $25,420 | — | $25,420 |
| AON CONSULTING | Recordkeeper | $22,798 | — | $22,798 |
| UMR, INC. | Other Service Provider | $16,211 | — | $16,211 |
| ATLANTA CAPITAL | Other Service Provider | $6,645 | — | $6,645 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSENALLEN LLP — Auditor
- AON CONSULTING — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $115,165
- Estimated Expense Ratio: 0.693% 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 | $118,255 | $6,645 | $60,492 | $25,420 | — |
| 2023 | $122,162 | $7,747 | $31,842 | $52,027 | — |
| 2022 | $82,034 | $6,688 | $35,560 | — | $39,786 |