Plan Ledger DOL Form 5500 · updated monthly

East Texas Financial Corporation401(k)

EAST TEXAS FINANCIAL CORPORATION 401(K) PLAN · KILGORE, TX · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

East Texas Financial Corporation reported $26,447 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $2,763 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 0.12% to 0.22%. 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 2,675th-largest of 5,688 plans among Texas employers on file, and 3,700th of 4,798 in finance & insurance. In 2024, employees put in $1.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,872,067
Participants with balances121
Active participants106
Employer contributions$292,862
Employee contributions$408,241
Employer contribution per active participant$2,763
Average account balance$106,381
Benefits paid to participants$602,900
Plan auditUnmodified (clean) audit opinion
AuditorHENRY AND PETERS
Plan history3
Yearassets · accounts · employer contribution
2024$12.9M · 121 accts · $293K emplr
2023$11.7M · 122 accts · $262K emplr
2022$10.3M · 121 accts · $271K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,076
Audit (IQPA)$11,500
Total administrative$26,447
The East Texas Financial Corporation 401(k) match · 2024
Employer contribution per active participant$2,763
Median for plans this size$2,416
2024$2,763 per active participant
2023$2,814 per active participant
2022$2,790 per active participant

East Texas Financial Corporation'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 · 20242
HENRY & PETERS, PC · Accounting / audit$11,500
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$10,628

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$26,447 · 0.22%
2023$13,182 · 0.12%
2022$13,394 · 0.12%
Same employer
Similar plansFinance & Insurance · Texas
Texan Title Holdings, LLC TX$13.5M · 0.38%
Ltct Holdings LLC TX$13.4M · 1.07%
Rio Bank TX$12.9M · 0.66%
Fc&S Insurance Agency TX$12.8M · 0.00%
Basin Holdings LLC TX$12.7M · 0.62%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 751979756 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.