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)
- Plan Number: 002
- Total Participants: 39,763
- Total Assets: $10.5B
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. |
|---|---|---|---|---|
| 2025 | 39,763 | $10.5B | $0 | $0 |
| 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 |
|---|---|---|---|---|
| MORGAN STANLEY INVESTMENT MANAGEMEN | Other Service Provider | $2,159,053 | — | $2,159,053 |
| PRINCIPAL LIFE INSURANCE COMPANY | Other Service Provider | $1,964,096 | — | $1,964,096 |
| THE LONDON COMPANY | Other Service Provider | $1,848,195 | — | $1,848,195 |
| WILLIAM BLAIR | Other Service Provider | $1,506,918 | — | $1,506,918 |
| ATLANTA CAPITAL HIGH QUALITY FOCUSE | Other Service Provider | $1,297,637 | — | $1,297,637 |
| BRANDYWINE GLOBAL INV MGT LLC | Other Service Provider | $1,149,501 | — | $1,149,501 |
| WELLINGTON MANAGEMENT COMPANY, LLP | Other Service Provider | $1,014,689 | — | $1,014,689 |
| WESTWOOD MANAGEMENT CORP. | Other Service Provider | $984,576 | — | $984,576 |
| JP MORGAN INVESTMENT MANAGEMENT INC | Other Service Provider | $648,369 | — | $648,369 |
| AMERIPRISE TRUST CO. | Other Service Provider | $406,771 | — | $406,771 |
| LOOMIS SAYLES & CO. LLP | Other Service Provider | $377,288 | — | $377,288 |
| NEPC, LLC | Other Service Provider | $307,946 | — | $307,946 |
| IR&M CORE FIXED INCOME PORTFOLIO | Other Service Provider | $181,722 | — | $181,722 |
| GARCIA HAMILTON CORE FIXED INCOME P | Other Service Provider | $154,568 | — | $154,568 |
| AMERICAN EXPRESS COMPANY | Other Service Provider | $140,811 | — | $140,811 |
| MORNINGSTAR | Other Service Provider | $114,180 | — | $114,180 |
| VANGUARD FIDUCIARY TRUST CO. | Other Service Provider | $93,518 | — | $93,518 |
| BLACKROCK INSTITUTIONAL TRUST CO | Other Service Provider | $74,827 | — | $74,827 |
| DIANA SALESKY | Other Service Provider | $69,000 | — | $69,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $14,493,665
- Estimated Expense Ratio: 0.138% 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 |
|---|---|---|---|---|---|
| 2025 | $763,819,819 | $12,251,361 | — | — | — |
| 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 |