Plan Ledger DOL Form 5500 · updated monthly

R Bank Texas401(k)

R BANK TEXAS 401(K) PLAN · ROUND ROCK, TX · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

R Bank Texas reported $2,617 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,036 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 fell from 0.17% to 0.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Texas (3,577th of 5,688), and 4,262nd of 4,798 in finance & insurance. In 2024, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,130,028
Participants with balances124
Active participants160
Employer contributions$325,748
Employee contributions$613,310
Employer contribution per active participant$2,036
Average account balance$57,500
Benefits paid to participants$855,296
Plan auditUnmodified (clean) audit opinion
AuditorHENRY & PETERS, P.C
Plan history2
Yearassets · accounts · employer contribution
2024$7.1M · 124 accts · $326K emplr
2022$4.9M · 94 accts · $302K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,717
Investment management$900
Total administrative$2,617
The R Bank Texas 401(k) match · 2024
Employer contribution per active participant$2,036
Median for plans this size$1,313
2024$2,036 per active participant
2022$2,069 per active participant

R Bank Texas's 2024 employer contribution ran above the $1,313 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 · 20242
INSPERITY RETIREMENT SERVICES · Recordkeeping · Loan processing$3,435
WILSHIRE ASSOCIATES · Consulting · Investment advisory (participants)$900

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

Administrative cost history2
2024$2,617 · 0.04%
2022$8,278 · 0.17%
Same employer
Similar plansFinance & Insurance · Texas
Pilgrim Bancorporation TX$7.5M · 0.10%
Hometown Bank, NA TX$7.4M · 0.02%
Providence Title Company TX$7.4M · 0.43%
Obra Capital, Inc. TX$7.1M · 0.06%
Texas Champion Bank TX$7.1M · 0.03%
My Community Credit Union TX$7.0M · 0.67%
Texas Community Bank TX$6.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264536354 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.