Plan Ledger DOL Form 5500 · updated monthly

Fb Bancorp401(k)

FB BANCORP 401K PLAN · SAN ANTONIO, TX · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Fb Bancorp reported $96,060 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,857 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 0.26% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other management of companies employers. By assets it is the 1,964th-largest of 5,688 plans among Texas employers on file, and 430th of 786 in management of companies. In 2024, employees put in $1.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,897,092
Participants with balances231
Active participants193
Employer contributions$744,423
Employee contributions$1,277,114
Employer contribution per active participant$3,857
Average account balance$90,464
Benefits paid to participants$1,383,082
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.9M · 231 accts · $744K emplr
2023$17.8M · 215 accts · $681K emplr
2022$14.2M · 229 accts · $623K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,150
Investment management$91,110
Total administrative$96,060
The Fb Bancorp 401(k) match · 2024
Employer contribution per active participant$3,857
Median for plans this size$2,416
2024$3,857 per active participant
2023$3,744 per active participant
2022$3,281 per active participant

Fb Bancorp'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
NFP$78,750
FARM BUREAU BANK$12,360

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$96,060 · 0.50%
2023$14,550 · 0.09%
2022$40,250 · 0.26%
Same employer
Similar plansManagement of Companies · Texas
Americo Bancshares, Inc. TX$22.6M · 0.48%
Black Forest Ventures, LLC TX$21.8M · 0.21%
Woodbolt Distribution, LLC TX$18.2M · 0.51%
Oci Enterprises Inc. TX$17.9M · 0.56%
Bt Holdings, Inc. TX$16.0M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 880392128 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.