Plan Ledger DOL Form 5500 · updated monthly

Nacogdoches Commercial Bancshares, Inc.401(k) + ESOP (KSOP)

NACOGDOCHES COMMERCIAL BANCSHARES, INC. ESOP · NACOGDOCHES, TX · plan year 2023

Reported admin expense ratio · 2023
0.09%

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

Nacogdoches Commercial Bancshares, Inc. reported $14,707 in plan administrative expenses for 2023: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,696 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 1 year on file its reported administrative ratio rose from 0.08% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other management of companies employers. By assets it is the 2,242nd-largest of 5,688 plans among Texas employers on file, and 468th of 786 in management of companies. In 2023, employees put in $3.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,036,182
Participants with balances299
Active participants218
Employer contributions$369,657
Employee contributions$1,112,750
Employer contribution per active participant$1,696
Average account balance$56,977
Benefits paid to participants$643,603
Plan auditUnmodified (clean) audit opinion
AuditorAXLEY & RODE, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$17.0M · 299 accts · $370K emplr
2022$14.0M · 273 accts · $346K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,595
Trustee / custodial$12,112
Total administrative$14,707
The Nacogdoches Commercial Bancshares, Inc. 401(k) match · 2023
Employer contribution per active participant$1,696
Median for plans this size$2,440
2023$1,696 per active participant
2022$1,656 per active participant

Nacogdoches Commercial Bancshares, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
MID ATLANTIC TRUST COMPANY · Custodial (securities)$12,077
LEON E. WERNTZ & ASSOCIATES, INC.$2,595

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

Administrative cost history2
2023$14,707 · 0.09%
2022$12,181 · 0.08%
Similar plansManagement of Companies · Texas
Fb Bancorp TX$20.9M · 0.50%
Woodbolt Distribution, LLC TX$18.2M · 0.51%
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%
First Texas Bancorp, Inc. TX$14.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751827898 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.