2023 Form 5500 filing — The 401(K) Stock Purchase Plan For Employees Of Cullen/Frost Bankers, Inc. And Its Affiliates
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240719114956NAL0006782929001) for The 401(K) Stock Purchase Plan For Employees Of Cullen/Frost Bankers, Inc. And Its Affiliates, reported by Cullen/Frost Bankers, Inc. under EIN 74-1751768 and plan number 003. It reports 6,190 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240719114956NAL0006782929001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Cullen/Frost Bankers, Inc.
- EIN
- 74-1751768
- Plan number
- 003
- Location
- San Antonio, TX
- Participants
- 6,190
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $1,039,296,960
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,039,296,960
- Employer contributions
- $31,905,433
- Participant contributions
- $37,218,360
- Total income / additions
- $132,519,342
- Benefits paid
- $76,821,681
- Administrative expenses
- $299,948
- Total expenses
- $77,127,530
- Net increase / (decrease)
- $55,391,812
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $266,084 | $0 |
| Strategic Advisors, Inc. | ADVISOR | $33,805 | not reported in the loaded dataset |