Plan Ledger DOL Form 5500 · updated monthly

Texas Champion Bank401(k)

TEXAS CHAMPION BANK 401(K) PLAN · ALICE, TX · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Texas Champion Bank reported $2,066 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,267 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 0.029% to 0.031%. 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 (3,595th of 5,688), and 4,270th of 4,798 in finance & insurance. In 2024, employees put in $2.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,076,826
Participants with balances118
Active participants101
Employer contributions$128,007
Employee contributions$262,406
Employer contribution per active participant$1,267
Average account balance$59,973
Benefits paid to participants$73,869
Plan auditUnmodified (clean) audit opinion
AuditorHAM, LANGSTON & BREZINA, L.L.P.
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 118 accts · $128K emplr
2023$6.2M · 117 accts · $130K emplr
2022$5.3M · 122 accts · $127K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,066
Total administrative$2,066
The Texas Champion Bank 401(k) match · 2024
Employer contribution per active participant$1,267
Median for plans this size$1,313
2024$1,267 per active participant
2023$1,325 per active participant
2022$1,377 per active participant

Texas Champion Bank's 2024 employer contribution ran below 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.

Administrative cost history3
2024$2,066 · 0.03%
2023$1,036 · 0.02%
2022$1,625 · 0.03%
Similar plansFinance & Insurance · Texas
Providence Title Company TX$7.4M · 0.43%
R Bank Texas TX$7.1M · 0.04%
Obra Capital, Inc. TX$7.1M · 0.06%
My Community Credit Union TX$7.0M · 0.67%
Texas Community Bank TX$6.9M · 0.02%
Herring Bank TX$6.8M · 1.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 740881940 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.