Plan Ledger DOL Form 5500 · updated monthly

Community National Bank401(k)

COMMUNITY NATIONAL BANK 401K PLAN · MIDLAND, TX · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Community National Bank reported $134,972 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,436 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 0.41% to 0.46%. 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 1,470th-largest of 5,688 plans among Texas employers on file, and the 2,320th of 4,798 in finance & insurance. In 2024, employees put in $1.47 for every $1.00 the employer contributed; active participation has grown from 209 to 234 since 2022.

Plan summary
Net assets, end of year$32,020,898
Participants with balances325
Active participants234
Employer contributions$804,045
Employee contributions$1,182,020
Employer contribution per active participant$3,436
Average account balance$98,526
Benefits paid to participants$721,226
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.0M · 325 accts · $804K emplr
2023$26.7M · 297 accts · $698K emplr
2022$22.8M · 284 accts · $652K emplr
Administrative expenses, itemized · 2024
Investment management$134,972
Total administrative$134,972
The Community National Bank 401(k) match · 2024
Employer contribution per active participant$3,436
Median for plans this size$2,416
2024$3,436 per active participant
2023$3,187 per active participant
2022$3,118 per active participant

Community National Bank'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 · 20244
EMPOWER ADVISORY GROUP LLC · Investment management$58,550
RAYMOND JAMES FINANCIAL SERVICES · Investment advisory (plan)$50,153
PENTEC PENSION MGMT · Contract administrator$8,860

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$134,972 · 0.46%
2023$103,901 · 0.42%
2022$88,119 · 0.41%
Same employer
Similar plansFinance & Insurance · Texas
Credit Union of Texas TX$32.6M · 0.42%
Network Funding, L.P. TX$32.6M · 0.32%
Benchmark Bank TX$31.8M · 0.26%
Datcu Credit Union TX$31.5M · 0.01%
Gunvor USA, LLC TX$31.4M · 0.01%
Nova 401K Associates TX$31.2M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751829272 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.