Providers › Recordkeeping and administration
Service provider · Schedule C, plan year 2024
American Funds
Most often reported for recordkeeping and administration
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Schedule C lists only providers a plan paid $5,000 or more, and is filed only by plans with 100 or more participants.
For plan year 2024, 69 retirement plans with 100 or more participants reported paying American Funds $5,000 or more. Those plans cover 25,891 participant records, and the service most often reported is recordkeeping and administration.
Reported compensation from those plans, direct and indirect, totalled $568K. Per plan, the median was $11.91 per participant, with the middle half of plans between $4.10 and $33.02. These are amounts plans reported paying this organisation, not a price list: they depend on which services each plan buys and on how much is paid through fund expenses instead.
Its client plans are most numerous in Pennsylvania (9), California (8) and Michigan (6).
In 2009 it appeared on 105 such filings; in 2024, 68 (down 35%). Yearly counts include every filing that names it, so they can run slightly above the number of plans with pages here, and name or EIN changes after mergers can break the series.
Reported compensation per plan
| Across this provider's plans | 25th percentile | Median | 75th percentile |
|---|---|---|---|
| Compensation per participant | $4.10 | $11.91 | $33.02 |
| Compensation as a share of plan net assets | 0.01% | 0.04% | 0.10% |
What each plan reported paying this organisation, not the plan's total cost. For reference, the median US defined contribution plan reported $123 per participant to all Schedule C providers combined.
Plans served by year
Matched by employer identification number. A merger or a change of filing entity starts a new series, so a drop to zero is not a loss of clients by itself.
By state
By plan size
Services reported
Largest plans naming this provider
| Plan | Sponsor | State | Participants | Net assets | Reported to this provider |
|---|---|---|---|---|---|
| Moog Inc. Employees' Retirement Plan | Moog Inc. | NY | 2,274 | $477M | $76K |
| Federal Cleaning Contractors, Inc. Employees' 401(k) Savings Plan | Federal Cleaning Contractors, Inc. | IL | 1,194 | $6.7M | $750 |
| Living Resources 403(b) Retirement Plan | Living Resources Corporation | NY | 1,041 | $11.0M | $0 |
| Diakonos Group Retirement Savings Plan | Diakonos Group, LLC | OK | 927 | $1.7M | $18K |
| Caravan Facilities Management Non Union 401(k) Plan | Caravan Facilities Management L.L.C | MI | 754 | $5.0M | $0 |
| Apex Logistics International 401(k) Profit Sharing Plan | Apex Logistics International | CA | 754 | $22.1M | $0 |
| Caravan Facilities Management Union 401(k) Plan | Caravan Facilities Management L.L.C | MI | 733 | $6.2M | $0 |
| Stark Tech 401(k) Profit Sharing Plan | Stark Tech Operating Company LLC | NY | 721 | $72.9M | $49K |
| Storage Asset Management, LLC 401(k) Profit Sharing Plan | Storage Asset Management, LLC | PA | 718 | $7.4M | $34K |
| Timco Logistics Systems, Inc. 401(k) Plan | Timco Logistics Systems, Inc. | TX | 702 | $3.1M | $6,960 |
| Avalon & Tahoe 401(k) Retirement Plan | Avalon & Tahoe Mfg., Inc. | MI | 574 | $17.5M | $0 |
| Pruett's Food 401(k) Plan | Pruett's Food, Inc. | OK | 560 | $11.8M | $1,050 |
| Amhc Retirement Plan | Aroostook Mental Health Services, Inc. | ME | 513 | $10.1M | $1,540 |
| Personnel Outsource 401(k) Plan | Personnel Outsource Solutions, Inc. | NC | 499 | $2.8M | $5,150 |
| Lewis County Primary Care 403(b) Plan | Lewis County Primary Care Center, Inc. | KY | 493 | $18.7M | $19K |
| The Lasalle Network 401(k) Plan | Lasalle Staffing, Inc. DBA Lasalle Network | IL | 489 | $6.2M | $0 |
| Milestone, Inc. Retirement Plan | Milestone, Inc. | IL | 480 | $10.2M | $0 |
| Secure Transportation 401(k) Plan | Secure Transportation Company, Inc. | CA | 467 | $3.7M | $0 |
| Ats Automation, Inc. 401(k) Plan | Ats Automation, Inc. | WA | 449 | $63.9M | $5,674 |
| Parker Automotive Group Retirement Savings Plan | Parker Motors, Inc. | ID | 445 | $43.8M | $37K |
| California Commercial Investment Group, Inc. 401(k) Plan | California Commercial Investment Group, Inc. | CA | 418 | $4.8M | $1,438 |
| Thrive Behavioral Health, LLC 401(k) Plan | Thrive Behavioral Health, LLC | MD | 395 | $9.9M | $17K |
| New Communities, Inc. 403(b) Plan | New Communities, Inc. | ME | 368 | $8.2M | $0 |
| Retirement Plan for Employees of McKenzie-Willamette Hospital | Cascade Health | OR | 356 | $27.4M | $7,798 |
| Norwichtown and New London Rehab & Care Center 401(k) Plan | Norwich Convalescent Home, Inc. | CT | 350 | $2.2M | $1,495 |
| Southwest Missouri Bancorporation, Inc. Employee Stock Ownership Plan | Southwest Missouri Bancorporation, Inc. | MO | 338 | $31.6M | $4,423 |
| Gentlebrook 401(k) Retirement Savings Plan | Gentlebrook | OH | 325 | $6.2M | $0 |
| Encompass LLC 401(k) Profit Sharing Plan | Encompass LLC | MD | 305 | $20.9M | $16K |
| Maymead, Inc. Profit Sharing Plan | Maymead, Inc. | TN | 295 | $6.1M | $0 |
| The Lyons National Bank 401(k) Profit Sharing Plan | The Lyons National Bank | NY | 291 | $27.0M | $25K |
| Kings Tire Service, Inc. 401(k) Profit Sharing Plan | Kings Tire Service, Inc. | WV | 282 | $5.1M | $0 |
| Silvus Technologies, Inc. 401(k) Plan | Silvus Technologies, Inc. | CA | 278 | $8.7M | $0 |
| North Carolina Virtual Academy 401(k) Plan | North Carolina Learns, Inc. | NC | 276 | $3.6M | $3,145 |
| Clark Fork Valley Hospital 403(b) Plan | Plains Hospital, Inc. | MT | 275 | $13.9M | $969 |
| All Ways Safe, LLC 401(k) Plan | All Ways Safe, LLC | PA | 270 | $4.9M | $22K |
| Molded Rubber & Plastic 401(k) Salary Reduction Plan | Molded Rubber & Plastic Corporation | WI | 268 | $12.0M | $1,263 |
| Cusano's Bakery 401(k) Plan | Cusano's Italian Bakery, Inc. | FL | 265 | $6.1M | $10K |
| Islands Hospice, Inc. 401(k) Plan | Islands Hospice, Inc. | CA | 253 | $4.5M | $0 |
| Michelsen Packaging Company 401(k) Plan | Michelsen Packaging Company | WA | 252 | $70.1M | $78K |
| Versatex Building Products, LLC 401(k) Plan | Versatex Buidling Products, LLC | PA | 244 | $17.5M | $58K |
Questions and answers
How many plans does American Funds serve?
69 plans with 100 or more participants named it on Schedule C for plan year 2024. Plans that paid it under $5,000, small plans that file Form 5500-SF, and plans whose filings spell its name without an EIN under a different form are not counted.
What do plans pay American Funds?
The median plan reported $11.91 per participant in direct and indirect compensation (52 plans reporting an amount), or 0.04% of plan net assets. Eligible indirect compensation disclosed to the plan by formula is not reported as a dollar amount, so many filings understate what a provider receives.
What services are reported?
The service codes most often attached to it are Recordkeeping and information management (25 plans), Investment management (17 plans), Participant loan processing (17 plans) and Contract Administrator (4 plans).
Where does this come from?
Schedule C of Form 5500, Part I line 2, from the EBSA research files with filings received through 24 Aug 2026. Individuals named on Schedule C are excluded from this site.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, Schedule C Part I line 2, public domain, with filings received through 24 Aug 2026. Rows are grouped by the provider's EIN as entered by each plan; rows without an EIN join the EIN most often filed under the same name. Providers named on fewer than 25 plans have no page. See the methodology and corrections.