Texas Gulf Bancshares, Inc. Employee Savings Plan — Form 5500 plan (Texas Gulf Bancshares, Inc.)

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 Gulf Bancshares, Inc. Employee Savings Plan is a benefit plan reported by Texas Gulf Bancshares, Inc. under EIN 74-1774826 and plan number 001. The latest loaded filing year is 2023. The filing reports 142 participants and $24,979,724 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Texas Gulf Bancshares, Inc.
EIN
74-1774826
Plan number
001
Plan type
2
Location
Lake Jackson, TX
Latest filing year
2023
Participants
142
End-of-year plan assets
$24,979,724

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023142H, C20240829141837NAL0006502195001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$24,979,724
Total liabilities (EOY)
$0
Net assets (EOY)
$24,979,724
Net assets (BOY)
$21,548,925

Income & contributions

Employer contributions
$239,005
Participant contributions
$887,087
Total contributions
$1,551,949
Total income / additions
$5,169,026

Expenses & distributions

Benefits paid
$1,650,527
Administrative expenses
$87,700
Total expenses
$1,738,227
Net increase / (decrease)
$3,430,799

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Mbg RetirementNONE$44,543not reported in the loaded dataset2023
T Rowe Price Rps IncNONE$22,179$02023
ForvisNONE$19,425not reported in the loaded dataset2023

Related Form 5500 pages