Vantage Bank Texas 401(K) Plan — Form 5500 plan (Vantage Bank Texas)
Plain-English plan 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, Vantage Bank Texas 401(K) Plan is a benefit plan reported by Vantage Bank Texas under EIN 74-0856797 and plan number 003. The latest loaded filing year is 2023. The filing reports 552 participants and $37,821,140 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Vantage Bank Texas
- EIN
- 74-0856797
- Plan number
- 003
- Plan type
- 2
- Location
- San Antonio, TX
- Latest filing year
- 2023
- Participants
- 552
- End-of-year plan assets
- $37,821,140
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 552 | H, C | 20241015163000NAL0030345937001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $37,821,140
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $37,821,140
- Net assets (BOY)
- $28,589,360
Income & contributions
- Employer contributions
- $1,625,462
- Participant contributions
- $2,943,056
- Total contributions
- $5,487,313
- Total income / additions
- $10,810,824
Expenses & distributions
- Benefits paid
- $1,457,016
- Administrative expenses
- $122,028
- Total expenses
- $1,579,044
- Net increase / (decrease)
- $9,231,780
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $73,509 | $0 | 2023 |
| Sanctuary Advisors, LLC | INVESTMENT ADVISORY | $45,666 | $0 | 2023 |