Plan Ledger DOL Form 5500 · updated monthly

First Texas Bancorp, Inc.401(k)

FIRST TEXAS BANCORP, INC. 401(K) PLAN · GEORGETOWN, TX · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

First Texas Bancorp, Inc. reported $4,019 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,432 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 0.00% to 0.03%. 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 2,456th-largest of 5,688 plans among Texas employers on file, and 494th of 786 in management of companies. In 2024, employees put in $1.52 for every $1.00 the employer contributed; active participation has grown from 157 to 174 since 2022.

Plan summary
Net assets, end of year$14,746,239
Participants with balances178
Active participants174
Employer contributions$423,092
Employee contributions$644,650
Employer contribution per active participant$2,432
Average account balance$82,844
Benefits paid to participants$2,520,922
Plan auditUnmodified (clean) audit opinion
AuditorFASKE LAY & CO., L.L.P.
Plan history3
Yearassets · accounts · employer contribution
2024$14.7M · 178 accts · $423K emplr
2023$13.9M · 158 accts · $351K emplr
2022$11.5M · 130 accts · $343K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,019
Total administrative$4,019
The First Texas Bancorp, Inc. 401(k) match · 2024
Employer contribution per active participant$2,432
Median for plans this size$2,416
2024$2,432 per active participant
2023$2,488 per active participant
2022$2,186 per active participant

First Texas Bancorp, Inc.'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 · 20241

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$4,019 · 0.03%
2023$1,325 · 0.01%
2022$471 · 0.00%
Same employer
Similar plansManagement of Companies · Texas
Oci Enterprises Inc. TX$17.9M · 0.56%
Bt Holdings, Inc. TX$16.0M · 0.26%
Kleberg Bank, N.A. TX$14.8M · 0.25%
Eyesight Holding Co., LLC TX$12.4M · 1.18%
The Launch Box, LLC TX$11.6M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741682271 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.