Plan Ledger DOL Form 5500 · updated monthly

Benchmark Bank401(k)

BENCHMARK BANK EMPLOYEES 401(K) PLAN AND TRUST · PLANO, TX · plan year 2025

Reported admin expense ratio · 2025
0.26%

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

Benchmark Bank reported $75,089 in plan administrative expenses for 2025: 0.26% of average plan assets, below the peer median. Employer contributions averaged $4,613 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 3 years on file its reported administrative ratio fell from 0.30% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,480th-largest of 5,688 plans among Texas employers on file, and the 2,331st of 4,798 in finance & insurance. In 2025, employees put in $1.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$31,810,741
Participants with balances224
Active participants167
Employer contributions$770,435
Employee contributions$1,404,027
Employer contribution per active participant$4,613
Average account balance$142,012
Benefits paid to participants$1,007,655
Plan auditUnmodified (clean) audit opinion
AuditorPAYNE & SMITH, LLC
Plan history4
Yearassets · accounts · employer contribution
2025$31.8M · 224 accts · $770K emplr
2024$26.6M · 206 accts · $748K emplr
2023$23.4M · 220 accts · $534K emplr
2022$20.8M · 230 accts · $631K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$34,095
Investment management$40,994
Total administrative$75,089
The Benchmark Bank 401(k) match · 2025
Employer contribution per active participant$4,613
Median for plans this size$2,666
2025$4,613 per active participant
2024$4,425 per active participant
2023$3,337 per active participant
2022$3,688 per active participant

Benchmark Bank's 2025 employer contribution ran above the $2,666 median for plans its size, placing it in the top quarter of its peers. 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
NEWPORT GROUP, INC. · Recordkeeping$34,095
BEACON POINTE ADVISORS CO. · Investment advisory (plan)$40,994

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

Recordkeeper by year2
2025Newport (Ascensus)
2024Newport (Ascensus)

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$75,089 · 0.26%
2024$74,585 · 0.30%
2023$75,609 · 0.34%
2022$65,520 · 0.30%
Same employer
Similar plansFinance & Insurance · Texas
Credit Union of Texas TX$32.6M · 0.42%
Network Funding, L.P. TX$32.6M · 0.32%
Community National Bank TX$32.0M · 0.46%
Datcu Credit Union TX$31.5M · 0.01%
Gunvor USA, LLC TX$31.4M · 0.01%
Nova 401K Associates TX$31.2M · 0.04%
Onethirtyone LLC TX$31.0M · 0.09%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 751163748 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.