Plan Snapshot
- Plan Sponsor: American Express Company And Its Participating Subsidiaries
- Sponsor EIN: 134922250
- Sponsor Address: 200 VESEY STREET 01-35-03, NEW YORK, NY, 10285
- Plan Type: 401(k)
- Total Participants: 25,049
- Total Assets: $9.1B
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 | 25,049 | $9.1B | $268.1M | $304.5M |
| 2023 | 25,030 | $7.9B | $265.0M | $291.6M |
| 2022 | 26,493 | $6.5B | $218.8M | $249.1M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | SERVICE PROVIDER | $2,009,783 | — | $2,009,783 |
| MORGAN STANLEY INVESTMENT MGMT | SERVICE PROVIDER | $1,918,448 | — | $1,918,448 |
| THE LONDON COMPANY | SERVICE PROVIDER | $1,743,432 | — | $1,743,432 |
| ATLANTA CAPITAL HIGH QUALITY FOC | SERVICE PROVIDER | $1,218,851 | — | $1,218,851 |
| WILLIAM BLAIR | SERVICE PROVIDER | $1,216,858 | — | $1,216,858 |
| BRANDYWINE GLOBAL INV MGMT LLC | SERVICE PROVIDER | $1,047,394 | — | $1,047,394 |
| WESTWOOD MANAGEMENT CORP | SERVICE PROVIDER | $1,041,899 | — | $1,041,899 |
| WELLINGTON MANAGEMENT CO LLC | SERVICE PROVIDER | $852,612 | — | $852,612 |
| JP MORGAN INVESTMENT MANAGEMENT INC | SERVICE PROVIDER | $590,867 | — | $590,867 |
| AMERIPRISE TRUST CO. | SERVICE PROVIDER | $459,903 | — | $459,903 |
| LOOMIS SAYLES & CO. LLP | SERVICE PROVIDER | $348,399 | — | $348,399 |
| NEPC LLC | SERVICE PROVIDER | $296,379 | — | $296,379 |
| FIDELITY INST. ASSET MGMT. TR. CO. | SERVICE PROVIDER | $246,535 | — | $246,535 |
| AMERICAN EXPRESS COMPANY | PLAN SPONSOR | $208,358 | — | $208,358 |
| IR&M CORE FIXED INCOME PORTFOLIO | SERVICE PROVIDER | $163,249 | — | $163,249 |
| GARCIA HAMILTON CORE FIXED INCOME | SERVICE PROVIDER | $144,232 | — | $144,232 |
| TIMES SQUARE CAPITAL MANAGEMENT | SERVICE PROVIDER | $124,590 | — | $124,590 |
| VANGUARD FIDUCIARY TRUST CO. | SERVICE PROVIDER | $110,485 | — | $110,485 |
| MORNINGSTAR | SERVICE PROVIDER | $85,503 | — | $85,503 |
| DIANA SALESKY | SERVICE PROVIDER | $66,499 | — | $66,499 |
| BLACKROCK INSTITUTIONAL TRUST CO | SERVICE PROVIDER | $64,957 | — | $64,957 |
| MCCONNELL & JONES LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY INVESTMENT MGMT — SERVICE PROVIDER
- JP MORGAN INVESTMENT MANAGEMENT INC — SERVICE PROVIDER
- VANGUARD FIDUCIARY TRUST CO. — SERVICE PROVIDER
- MORNINGSTAR — SERVICE PROVIDER
- MCCONNELL & JONES LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,959,233
- Estimated Expense Ratio: 0.154% 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 | $13,842,105 | $11,651,262 | — | — | — |
| 2023 | $13,415,737 | $11,288,867 | — | — | — |
| 2022 | $13,337,238 | $11,530,988 | $1,744,250 | — | $60,500 |