Texas Champion Bank 401(K) Plan — Form 5500 plan (Texas Champion Bank)
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, Texas Champion Bank 401(K) Plan is a benefit plan reported by Texas Champion Bank under EIN 74-0881940 and plan number 001. The latest loaded filing year is 2023. The filing reports 158 participants and $6,190,625 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Texas Champion Bank
- EIN
- 74-0881940
- Plan number
- 001
- Plan type
- 2
- Location
- Alice, TX
- Latest filing year
- 2023
- Participants
- 158
- End-of-year plan assets
- $6,190,625
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 158 | H, C | 20241007105121NAL0025965472001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,190,625
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,190,625
- Net assets (BOY)
- $5,306,193
Income & contributions
- Employer contributions
- $129,877
- Participant contributions
- $248,106
- Total contributions
- $377,983
- Total income / additions
- $1,011,207
Expenses & distributions
- Benefits paid
- $125,739
- Administrative expenses
- $1,036
- Total expenses
- $126,775
- Net increase / (decrease)
- $884,432
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| National Professional Planning Grou | CONTRACT ADMIN | $900 | $0 | 2023 |
| Empower Annity Insurance Contract | RECORDKEEPER | $436 | $0 | 2023 |
| David K Young Consulting LLC | OTHER | $100 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Texas Champion Bank
- 2023 Form 5500 filing
- Form 5500 filings in TX
- 401(k) and benefit plan filings in Alice, TX
- National Professional Planning Grou — Schedule C compensation
- Empower Annity Insurance Contract — Schedule C compensation
- David K Young Consulting LLC — Schedule C compensation