Providers › Investment advisory and management
Service provider · Schedule C, plan year 2024
American Funds
Most often reported for investment advisory and management
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.
American Funds is named as a service provider on the Schedule C of 197 retirement plans with 100 or more participants for plan year 2024, covering 188,171 participant records. Most often it is reported for investment advisory and management.
Reported compensation from those plans, direct and indirect, totalled $679K. Per plan, the median was $9.38 per participant, with the middle half of plans between $4.26 and $26.61. 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 New York (16), Pennsylvania (15) and Michigan (14).
In 2009 it appeared on 1,007 such filings; in 2024, 199 (down 80%). 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 | $4.26 | $9.38 | $26.61 |
| Compensation as a share of plan net assets | 0.02% | 0.03% | 0.06% |
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 |
|---|---|---|---|---|---|
| Elevator Constructors Annuity and 401(k) Retirement Plan | BD of Trustees of the Elev Constu Annuity and 401(k) Ret Plan | PA | 37,105 | $7.29B | $0 |
| Michigan Regional Council of Carpenters' Annuity Fund | Joint Board of Trustees of Mi Reg Council of Carpenters Annuity Fund | MI | 17,503 | $527M | $59K |
| Checkers Drive-In Restaurants, Inc. 401(k) Plan | Checkers Drive-In Restaurants, Inc. | FL | 10,719 | $6.8M | $0 |
| Golub Corporation Employees Retirement Plan | Golub Corporation | NY | 10,395 | $366M | $93K |
| Steamfitters Local 602 Retirement Savings Plan Savings Plan | Board of Trustees - Steamfitters Local 602 Retirement Savings Plan | MD | 6,127 | $522M | $0 |
| Ascensus, LLC 401(k) Savings Plan | Ascensus, LLC. | PA | 6,097 | $622M | $0 |
| Plumbers and Steamfitters Local 486 Severance and ANNUITY/401(K) Plan | Plumbers and Steamfitters Local 486 Severance and ANNUITY/401(K) Plan | MD | 4,583 | $392M | $0 |
| Selective Insurance Retirement Savings Plan | Selective Insurance Company of America | NJ | 3,749 | $764M | $0 |
| The Mastercorp, Inc. 401(k) Retirement Savings Plan | Mastercorp, Inc. | FL | 3,675 | $18.9M | $0 |
| Allegiance Health Management Retirement Savings Plan | Allegiance Health Management, Inc. | LA | 3,262 | $17.1M | $6,322 |
| Bozeman Health 403(b) Plan | Bozeman Deaconess Health Services DBA Bozeman Health | MT | 3,069 | $75.8M | $29K |
| Tri-National 401(k) Plan | Tri-National, Inc. | MO | 2,714 | $11.2M | $7,450 |
| Morningstar Senior Living Retirement Plan | Morningstar Senior Management, LLC | CO | 2,491 | $6.2M | $0 |
| Electricians Annuity Plan - IBEW Local 456 | Electricians Annuity Fund IBEW Local 456 | NJ | 2,170 | $355M | $0 |
| Malnati Organization 401(k) Savings Plan | Malnati Organization, LLC | IL | 1,739 | $28.5M | $48K |
| Manhattan Beer Distributors LLC 401(k) Retirement Plan | Manhattan Beer Distributors, LLC | NY | 1,701 | $125M | $0 |
| Manhattan Beer Distributors Union Employees 401(k) Plan | Manhattan Beer Distributors, LLC | NY | 1,631 | $32.1M | $0 |
| Next Step Healthcare 401(k) Plan | Next Step Healthcare, LLC | MA | 1,492 | $10.0M | $0 |
| Nefco Holding Company LLC 401(k) Profit Sharing Plan | Nefco Holding Company LLC | CT | 1,242 | $34.1M | $5,513 |
| Community Dental Partners 401(k) Plan | Strategic Dental Executives LLC DBA Community Dental Partners | TX | 1,237 | $11.0M | $0 |
| Cranbrook Educational Community Section 403(b) Plan | Cranbrook Educational Community | MI | 1,194 | $81.2M | $20 |
| Elite Comfort Solutions 401(k) Plan | Elite Comfort Solutions, LLC | MO | 1,183 | $22.0M | $0 |
| The Harker School 403(b) Tax Deferred Annuity Plan | The Harker School | CA | 1,127 | $68.2M | $0 |
| Living Resources 403(b) Retirement Plan | Living Resources Corporation | NY | 1,041 | $11.0M | $0 |
| Envision Aesc US, LLC 401(k) Plan | Envision Aesc US, LLC | TN | 1,038 | $29.9M | $0 |
| Envision Aesc US, LLC 401(k) Plan | Envision Aesc US, LLC | TN | 1,038 | $29.9M | $0 |
| Magic Memories Employee Retirement Plan | Magic Memories USA LLC | CO | 995 | $3.4M | $0 |
| Databank Holdings 401(k) Plan | Databank Holdings, Ltd. | TX | 981 | $37.3M | $0 |
| Ashley Furniture Homestore 401(k) Plan | Dufresne Spencer Group Holdings, LLC | TN | 975 | $28.8M | $0 |
| Apogee Engineering 401 (K) Plan | Apogee Engineering LLC | CO | 936 | $49.3M | $0 |
| Spokane Methodist Homes, Inc. Employee Retirement Savings Plan | Spokane United Methodist Homes, Inc. | WA | 900 | $15.1M | $0 |
| College for Creative Studies 403(b) Retirement Plan | College for Creative Studies | MI | 895 | $50.6M | $260 |
| Solano-Napa Counties Electrical Workers Pension Plan | Bot of Solano-Napa Counties Electric Workers PT | CA | 843 | $161M | $12K |
| Channell Commercial Corporation 401(k) Plan | Channell Commercial Corporation | TX | 816 | $17.3M | $0 |
| WW Healthcare Consultants, LLC 401(k) Plan | WW Healthcare Consultants, LLC | NC | 811 | $2.7M | $0 |
| Roofers Local No. 74/ No. 203 Pension Plan | Board of Trustees, Roofers Local No. 74/NO. 203 Pension Fund | NY | 798 | $71.4M | $15K |
| Brighton-Best International, Inc. 401(k) Plan | Brighton-Best International, Inc. | CA | 770 | $23.7M | $5,840 |
| Endeavor Business Media, Inc. 401(k) Plan | Endeavor Business Media, Inc. | TN | 770 | $35.3M | $0 |
| Sid Dillon 401(k) Plan | Sid Dillon Chevrolet-Fremont, Inc. | NE | 770 | $109M | $20K |
| Liberty Lift Solutions, LLC 401(k) Plan | Liberty Lift Solutions LLC | TX | 728 | $22.7M | $0 |
Questions and answers
How many plans does American Funds serve?
197 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 $9.38 per participant in direct and indirect compensation (55 plans reporting an amount), or 0.03% 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 Investment management (147 plans), Recordkeeping and information management (25 plans), Participant loan processing (19 plans) and Trustee (bank, trust company, or similar financial institution) (6 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.