Prosperity Bancshares, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Prosperity 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, Prosperity Bancshares, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Prosperity Bancshares, Inc. under EIN 74-2331986 and plan number 001. The latest loaded filing year is 2023. The filing reports 4,319 participants and $323,720,338 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Prosperity Bancshares, Inc.
- EIN
- 74-2331986
- Plan number
- 001
- Plan type
- 2
- Location
- Houston, TX
- Latest filing year
- 2023
- Participants
- 4,319
- End-of-year plan assets
- $323,720,338
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 4,319 | H, C | 20240723111331NAL0018094400001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $323,720,338
- Total liabilities (EOY)
- $4
- Net assets (EOY)
- $323,720,334
- Net assets (BOY)
- $276,515,390
Income & contributions
- Employer contributions
- $6,086,856
- Participant contributions
- $16,551,605
- Total contributions
- $24,422,152
- Total income / additions
- $64,329,554
Expenses & distributions
- Benefits paid
- $35,013,477
- Administrative expenses
- $273,919
- Total expenses
- $35,575,739
- Net increase / (decrease)
- $28,753,815
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $162,764 | not reported in the loaded dataset | 2023 |
| Nfp Retirement Inc | ADVISOR | $70,000 | not reported in the loaded dataset | 2023 |
| Melton And Melton L.L.P | AUDITOR | $25,883 | not reported in the loaded dataset | 2023 |
| Alliance Benefit Group Of Houston, | RECORDKEEPER | $15,250 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Prosperity Bancshares, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in TX
- 401(k) and benefit plan filings in Houston, TX
- Fidelity Investments Institutional — Schedule C compensation
- Nfp Retirement Inc — Schedule C compensation
- Melton And Melton L.L.P — Schedule C compensation
- Alliance Benefit Group Of Houston, — Schedule C compensation