Plan Ledger DOL Form 5500 · updated monthly

Texas Community Bank401(k)

TEXAS COMMUNITY BANK EMPLOYEES 401K PROFIT SHARING PLAN · LAREDO, TX · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Texas Community Bank reported $1,108 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 3 years on file its reported administrative ratio has held roughly steady near 0.017%. 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 (3,626th of 5,688), and 4,287th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$6,945,843
Participants with balances112
Active participants223
Employer contributions$0
Employee contributions$360,723
Employer contribution per active participant$0
Average account balance$62,016
Benefits paid to participants$107,812
Plan auditUnmodified (clean) audit opinion
AuditorJAYNES REITMEIER BOYD & THERRELL
Plan history3
Yearassets · accounts · employer contribution
2024$6.9M · 112 accts
2023$5.8M · 113 accts
2022$5.3M · 113 accts · $50 emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,108
Total administrative$1,108
The Texas Community Bank 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Texas Community Bank's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$2,608
GLOBAL RETIREMENT PARTNERS · Consultingindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,108 · 0.02%
2023$958 · 0.02%
2022$1,038 · 0.02%
Similar plansFinance & Insurance · Texas
R Bank Texas TX$7.1M · 0.04%
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%
Herring Bank TX$6.8M · 1.30%
Brsi, LP TX$6.8M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742231534 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.