401(k) Monitor

American Trust 401(k) plans and fees

Source: Schedule C of Form 5500 filings, form year 2024, DOL EFAST2 bulk data · DOL EFAST2

Filings lag by design: a plan can file up to 9½ months after its year ends, so this is the newest data on file. Why filings lag

American Trust recordkeeps 91 of the 50,598 large 401(k) plans with an identified recordkeeper in form-year-2024 Form 5500 filings, a 0.2% plan share covering 37,306 participants.

$186.33

Median plan-paid administrative cost per participant across the 90 published plans recordkept by American Trust with computable fee data, form-year-2024 filings.

$64.15 above the $122.17 median across all 54,783 published plans with fee data.

How many 401(k) plans does American Trust recordkeep?

Universe figures from Schedule C across all form-year-2024 filings; published figures from the 91 plans on 401(k) Monitor naming American Trust. Assets and participants as filed.
Plans recordkept, full universeOf 50,598 form-year-2024 filings with an identified recordkeeper.91
Plan share0.2%
Participants in those plans37,306
Participant share0.1%
Plans published on 401(k) MonitorOf 57,824 plans published so far from the 57,824 in the form-year-2024 data.91
Participants in published plans37,306
Assets in published plans$1.9B

The published subset skews toward the largest plans, so its totals and medians do not describe the whole American Trust book. The universe counts do.

What do 401(k) plans recordkept by American Trust pay in fees?

The median plan-paid administrative cost across the 90 published plans recordkept by American Trust is $186.33 per participant, against $122.17 across all 54,783 published plans with fee data. 23 of the 90 (26%) pay less than that all-plans median.

These are plan-paid expenses from Schedule H only. Fees the sponsor pays directly, and fees embedded in fund expense ratios, never appear here, so every figure is a floor, not the all-in cost. The recordkeeper is one of several providers a plan pays. 1 of the 91 published plans report no computable plan-paid cost and are excluded from the median. How to read your own plan’s number: are your 401(k) fees high?

Which are the biggest 401(k) plans American Trust administers?

The 10 plans naming American Trust as recordkeeper with the most active participants. Published subset only, not the whole American Trustbook.
#PlanActive participantsAssetsPlan-paid cost / participant
1Ttai 401(k) Plan3,074$89.9M$70.88
2Gmg Employees Savings Plan2,211$126.5M$138.94
3Wesleylife 401(k) Profit Sharing Plan1,574$38.8M$57.99
4Presbyterian Home Of South Carolina Defined Contribution Plan1,523$12.4M$75.85
5Horne LLP Profit Sharing Plan1,287$107.8M$137.48
6Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan1,209$8.7M$39.59
7Ascentek Services, LLC 401(k) Plan732$67.8M$193.75
8Hope Haven, Inc. 403(b) Retirement Plan698$26.2M$181.90
9Franklin Building Supply 401(k) Profit Sharing Plan623$17.9M$201.63
10Atria Wealth Solutions 401(k) Plan599$57.0Mnot computable

Each linked page shows the plan’s full fee breakdown and its percentile among plans of the same size.

Source

DatasetDOL EFAST2 Form 5500 bulk data (FOIA)
Form year2024
Recordkeeper identificationService code 15 or 64; the mapping from raw filing names to brands is ours.Schedule C, Part I, Item 2
Dataset last refreshedJuly 28, 2026

Bulk dataset at askebsa.dol.gov ↗ · How the recordkeeper is identified

Cite this page

401(k) Monitor, "American Trust 401(k) plans and fees", computed from DOL EFAST2 Form 5500 bulk data, form year 2024.