Plan Ledger DOL Form 5500 · updated monthly

Alliance Bancshares, Inc401(k) + ESOP (KSOP)

ALLIANCE BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN · SULPHUR SPRINGS, TX · plan year 2024

Reported admin expense ratio · 2024
0.35%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Alliance Bancshares, Inc reported $89,650 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $2,553 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.22% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,697th-largest of 5,688 plans among Texas employers on file, and 2,631st of 4,798 in finance & insurance. In 2024, employees put in $1.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,118,503
Participants with balances334
Active participants232
Employer contributions$592,253
Employee contributions$932,145
Employer contribution per active participant$2,553
Average account balance$78,199
Benefits paid to participants$3,041,675
Plan auditUnmodified (clean) audit opinion
AuditorHENRY & PETERS, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$26.1M · 334 accts · $592K emplr
2023$25.5M · 327 accts · $566K emplr
2022$23.1M · 301 accts · $396K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$89,650
Total administrative$89,650
The Alliance Bancshares, Inc 401(k) match · 2024
Employer contribution per active participant$2,553
Median for plans this size$2,416
2024$2,553 per active participant
2023$2,525 per active participant
2022$1,807 per active participant

Alliance Bancshares, Inc's 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
RAYMOND JAMES · Investment advisory (plan)$10,259
BLUE RIDGE ESOP ASSOCIATES · Contract administratorindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$89,650 · 0.35%
2023$71,439 · 0.29%
2022$52,647 · 0.22%
Similar plansFinance & Insurance · Texas
Weststar Bank TX$26.5M · 0.18%
Newpoint Holdings Jv LLC TX$26.3M · 0.12%
Peoples Bank TX$25.4M · 0.49%
Texans Credit Union TX$25.0M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752483603 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.