Texas Bank 401(K) Plan — Form 5500 plan (Texas 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 Bank 401(K) Plan is a benefit plan reported by Texas Bank under EIN 75-1405029 and plan number 001. The latest loaded filing year is 2023. The filing reports 169 participants and $7,653,445 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Texas Bank
- EIN
- 75-1405029
- Plan number
- 001
- Plan type
- 2
- Location
- Henderson, TX
- Latest filing year
- 2023
- Participants
- 169
- End-of-year plan assets
- $7,653,445
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 169 | H, C | 20240920141526NAL0015620754001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,653,445
- Net assets (EOY)
- $7,653,445
- Net assets (BOY)
- $6,184,310
Income & contributions
- Employer contributions
- $379,944
- Participant contributions
- $545,009
- Total contributions
- $924,953
- Total income / additions
- $1,856,506
Expenses & distributions
- Benefits paid
- $335,844
- Administrative expenses
- $10,316
- Total expenses
- $387,371
- Net increase / (decrease)
- $1,469,135
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Edward D Jones & Company | INVESTMENT ADVISORY - PLA | $22,655 | $0 | 2023 |
| Transamerica Life Insurance Company | RECORDKEEPER | $5,728 | $0 | 2023 |
| Nova 401(K) Associates | THIRD PARTY ADMINISTRATOR | $4,930 | $227 | 2023 |
| Henry & Peters Pc | AUDIT | $5,000 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Texas Bank
- 2023 Form 5500 filing
- Form 5500 filings in TX
- 401(k) and benefit plan filings in Henderson, TX
- Edward D Jones & Company — Schedule C compensation
- Transamerica Life Insurance Company — Schedule C compensation
- Nova 401(K) Associates — Schedule C compensation
- Henry & Peters Pc — Schedule C compensation