Plan Ledger DOL Form 5500 · updated monthly

North Dallas Bank & Trust Co.401(k)

NDBT 401(K) PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

North Dallas Bank & Trust Co. reported $4,480 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,791 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 0.011% to 0.014%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,398th-largest of 5,688 plans among Texas employers on file, and the 2,216th of 4,798 in finance & insurance. In 2024, employees put in $1.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,173,832
Participants with balances174
Active participants210
Employer contributions$1,006,152
Employee contributions$1,177,292
Employer contribution per active participant$4,791
Average account balance$196,401
Benefits paid to participants$2,645,992
Plan auditUnmodified (clean) audit opinion
AuditorMCCARTHY, ROSE & MILLS, L.L.P
Plan history3
Yearassets · accounts · employer contribution
2024$34.2M · 174 accts · $1.0M emplr
2023$29.9M · 175 accts · $957K emplr
2022$25.5M · 178 accts · $921K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,812
Investment management$2,668
Total administrative$4,480
The North Dallas Bank & Trust Co. 401(k) match · 2024
Employer contribution per active participant$4,791
Median for plans this size$2,416
2024$4,791 per active participant
2023$4,737 per active participant
2022$4,796 per active participant

North Dallas Bank & Trust Co.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$2,668

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$4,480 · 0.01%
2023$3,750 · 0.01%
2022$2,975 · 0.01%
Same employer
Similar plansFinance & Insurance · Texas
Firstperryton Bancorp, Inc. TX$34.7M · 0.26%
Central Bancshares, Inc. TX$34.7M · 0.18%
Gainsco, Inc. TX$33.3M · 0.07%
Carlson Capital, L.P. TX$33.1M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751050136 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.