Plan Ledger DOL Form 5500 · updated monthly

First State Bank of Uvalde401(k)

FIRST STATE BANK OF UVALDE 401(K) PLAN · UVALDE, TX · plan year 2022

Employer contribution per participant · 2022
$224

First State Bank of Uvalde's 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $359,606 across 32 participant accounts, with employer contributions averaging $224 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Texas (5,516th of 5,688), and 4,761st of 4,798 in finance & insurance. In 2022, employees put in $4.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$359,606
Participants with balances32
Active participants124
Employer contributions$27,718
Employee contributions$114,382
Employer contribution per active participant$224
Average account balance$11,238
Benefits paid to participants$2,339
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
The First State Bank of Uvalde 401(k) match · 2022
Employer contribution per active participant$224
Median for plans this size$331

First State Bank of Uvalde's 2022 employer contribution ran below the $331 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.

Same employer
Similar plansFinance & Insurance · Texas
Texan Credit Corp TX$948K · 2.29%
Zurvita, Inc. TX$634K · 0.57%
Aimbank TX$226K · 18.69%
Waterslake Management LLC TX$155K · 0.22%
Pro-Vigil, Inc. TX$132K · 0.48%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 740625760 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.