Cullen/Frost Bankers, Inc.401(k) + ESOP (KSOP)
THE 401(K) STOCK PURCHASE PLAN FOR EMPLOYEES OF CULLEN/FROST BANKERS, INC. AND ITS AFFILIATES · SAN ANTONIO, TX · plan year 2024
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Cullen/Frost Bankers, Inc. reported $539,266 in plan administrative expenses for 2024: 0.05% of average plan assets, above the peer median. Employer contributions averaged $5,033 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 0.03% to 0.05%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other finance & insurance employers. By assets it is the 94th-largest of 5,688 plans among Texas employers on file, and the 148th of 4,798 in finance & insurance. In 2024, employees put in $1.39 for every $1.00 the employer contributed; active participation has grown from 5,006 to 5,979 since 2022.
Cullen/Frost Bankers, Inc.'s 2024 employer contribution ran below the $5,259 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 741751768 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.