Plan Ledger DOL Form 5500 · updated monthly

Lone Star National Bancshares-Texas, Inc401(k) + ESOP (KSOP)

LONE STAR NATIONAL BANCSHARES-TEXAS, INC. EMPLOYEE STOCK OWNERSHIP PLAN W/401(K) PROVISIONS · MCALLEN, TX · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Lone Star National Bancshares-Texas, Inc reported $133,322 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $1,152 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 0.36% to 0.38%. 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 1,333rd-largest of 5,688 plans among Texas employers on file, and the 336th of 786 in management of companies. In 2024, employees put in $2.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$36,507,026
Participants with balances709
Active participants634
Employer contributions$730,163
Employee contributions$1,848,226
Employer contribution per active participant$1,152
Average account balance$51,491
Benefits paid to participants$4,028,637
Plan auditUnmodified (clean) audit opinion
AuditorSMITH FANHAUSER VOIGT & WATSON PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$36.5M · 709 accts · $730K emplr
2023$33.6M · 788 accts · $679K emplr
2022$28.3M · 731 accts · $560K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$132,557
Total administrative$133,322
The Lone Star National Bancshares-Texas, Inc 401(k) match · 2024
Employer contribution per active participant$1,152
Median for plans this size$2,416
2024$1,152 per active participant
2023$1,002 per active participant
2022$943 per active participant

Lone Star National Bancshares-Texas, Inc's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$8,448

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$133,322 · 0.38%
2023$122,477 · 0.40%
2022$103,786 · 0.36%
Similar plansManagement of Companies · Texas
Blue Danube Incorporated TX$41.0M · 0.32%
Itafos Services LLC TX$40.8M · 0.39%
U.S. Occmed Holdings, LLC TX$37.2M · 0.04%
Westex Bancorp, Inc. TX$31.0M · 0.04%
Erika Flowers TX$30.0M · 0.44%
Cockrell Interests LLC TX$30.0M · 0.02%
Puris, LLC TX$27.9M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742777101 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.