Plan Ledger DOL Form 5500 · updated monthly

Texans Credit Union401(k)

TEXANS CREDIT UNION 401(K) SAVINGS PLAN · RICHARDSON, TX · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Texans Credit Union reported $58,254 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $2,731 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 0.23% to 0.25%. 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 1,736th-largest of 5,688 plans among Texas employers on file, and 2,699th of 4,798 in finance & insurance. In 2024, employees put in $1.56 for every $1.00 the employer contributed; active participation has grown from 255 to 281 since 2022.

Plan summary
Net assets, end of year$25,043,646
Participants with balances309
Active participants281
Employer contributions$767,448
Employee contributions$1,201,055
Employer contribution per active participant$2,731
Average account balance$81,047
Benefits paid to participants$2,031,158
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.0M · 309 accts · $767K emplr
2023$21.3M · 291 accts · $702K emplr
2022$18.2M · 298 accts · $603K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,254
Total administrative$58,254
The Texans Credit Union 401(k) match · 2024
Employer contribution per active participant$2,731
Median for plans this size$2,416
2024$2,731 per active participant
2023$2,806 per active participant
2022$2,366 per active participant

Texans Credit Union'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$58,254

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$58,254 · 0.25%
2023$49,984 · 0.25%
2022$46,492 · 0.23%
Same employer
Similar plansFinance & Insurance · Texas
Alliance Bancshares, Inc TX$26.1M · 0.35%
Peoples Bank TX$25.4M · 0.49%
Texas Regional Bank TX$24.9M · 0.19%
Mercury Financial LLC TX$24.8M · 0.36%
First Bank TX$24.7M · 0.41%
Ep Loya Group, LP TX$24.7M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 750992590 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.