Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Amalgamated Bank › plan 002
Amalgamated Bank 401(k) Plan for Collectively Bargained Employees
- Sponsor Amalgamated Bank
- Plan number 002
- Plan year 2024
- $1-10M in assets
- single-employer
Administrative expenses excluding investment management, per participant · Amalgamated Bank 401(k) Plan for Collectively Bargained Employees · plan year 2024
$79.08
Higher than 42% of the 14,713 plans $1 to 10M that report it.
Source
= $6,247 / 79
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250930092808NAL0028987826001, received 2025-09-30
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250930092808NAL0028987826001, received 2025-09-30
Percentiles compare this plan with the Schedule H plans $1 to 10M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-09-30.
Cost and contributions
Administrative expenses per participant
$79.08
Higher than 31% of the 15,210 plans $1 to 10M that report it.
Source
= $6,247 / 79
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250930092808NAL0028987826001, received 2025-09-30
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250930092808NAL0028987826001, received 2025-09-30
Administrative expenses as a share of assets
0.118%
Higher than 16% of the 15,243 plans $1 to 10M that report it.
Source
= $6,247 / $5,284,248
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250930092808NAL0028987826001, received 2025-09-30
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250930092808NAL0028987826001, received 2025-09-30
Employer contributions per participant
not reported
Not reported on this filing.
Employer share of total contributions
not reported
Not reported on this filing.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250930092808NAL0028987826001, received 2025-09-30
Full record, Amalgamated Bank 401(k) Plan for Collectively Bargained Employees
| Field | Value | Source |
|---|---|---|
| Plan sponsor | AMALGAMATED BANK | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250930092808NAL0028987826001, received 2025-09-30 |
| Plan name | AMALGAMATED BANK 401(K) PLAN FOR COLLECTIVELY BARGAINED EMPLOYEES | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250930092808NAL0028987826001, received 2025-09-30 |
| Sponsor EIN / plan number | 13-4920330 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250930092808NAL0028987826001, received 2025-09-30 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250930092808NAL0028987826001, received 2025-09-30 |
| Sponsor location | NEW YORK, NY | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250930092808NAL0028987826001, received 2025-09-30 |
| Industry (business code) | 522110, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250930092808NAL0028987826001, received 2025-09-30 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250930092808NAL0028987826001, received 2025-09-30 |
| Filing received | 2025-09-30 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250930092808NAL0028987826001, received 2025-09-30 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250930092808NAL0028987826001, received 2025-09-30 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250930092808NAL0028987826001, received 2025-09-30 |
| Participants, beginning of year | 81 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250930092808NAL0028987826001, received 2025-09-30 |
| Active participants | 47 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250930092808NAL0028987826001, received 2025-09-30 |
| Participants, end of year | 81 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250930092808NAL0028987826001, received 2025-09-30 |
| Participants with an account balance | 79 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250930092808NAL0028987826001, received 2025-09-30 |
| Total assets, beginning of year | $5,075,705 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250930092808NAL0028987826001, received 2025-09-30 |
| Total assets, end of year | $5,284,248 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250930092808NAL0028987826001, received 2025-09-30 |
| Net assets, end of year | $5,284,248 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250930092808NAL0028987826001, received 2025-09-30 |
| Total income | $754,969 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250930092808NAL0028987826001, received 2025-09-30 |
| Net income | $208,543 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250930092808NAL0028987826001, received 2025-09-30 |
| Participant contributions | $191,865 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250930092808NAL0028987826001, received 2025-09-30 |
| Other contributions (incl. rollovers) | $2,238 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250930092808NAL0028987826001, received 2025-09-30 |
| Total contributions | $194,103 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250930092808NAL0028987826001, received 2025-09-30 |
| Benefit payments | $540,179 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250930092808NAL0028987826001, received 2025-09-30 |
| Total expenses (incl. benefit payments) | $546,426 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250930092808NAL0028987826001, received 2025-09-30 |
| Total administrative expenses | $6,247 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250930092808NAL0028987826001, received 2025-09-30 |
| Administrative expenses excluding investment management | $6,247 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250930092808NAL0028987826001, received 2025-09-30 |
| Held in common/collective trusts | $167,642 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250930092808NAL0028987826001, received 2025-09-30 |
| Held in mutual funds | $4,937,795 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250930092808NAL0028987826001, received 2025-09-30 |
| Independent auditor | CROWE LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250930092808NAL0028987826001, received 2025-09-30 |
Position = column in the DOL layout for form year 2024. Filing 20250930092808NAL0028987826001, received 2025-09-30.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC.recordkeeper | NONE | 15 Recordkeeping and information management; 16 Consulting (general); 25 Trustee (directed); 37 Participant loan processing; 52 Investment management fees paid indirectly by plan; 99 Other fees | $5,814 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250930092808NAL0028987826001, received 2025-09-30.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $5,075,705 | $5,284,248 | 4.1% |
| Participants with a balance | 77 | 79 | 2.6% |
| Administrative expenses | $5,989 | $6,247 | 4.3% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | not reported | not reported |
Prior filing 20240930111251NAL0003192083001, received 2024-09-30; the plan years are contiguous.