Plan Ledger DOL Form 5500 · updated monthly

Texas Partners Bank401(k)

TEXAS PARTNERS BANK 401(K) · SAN ANTONIO, TX · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Texas Partners Bank reported $79,821 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $3,366 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 0.13% to 0.20%. 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 1,178th-largest of 5,688 plans among Texas employers on file, and the 1,861st of 4,798 in finance & insurance. In 2024, employees put in $2.06 for every $1.00 the employer contributed; active participation has grown from 397 to 464 since 2022.

Plan summary
Net assets, end of year$43,052,832
Participants with balances528
Active participants464
Employer contributions$1,562,040
Employee contributions$3,214,831
Employer contribution per active participant$3,366
Average account balance$81,539
Benefits paid to participants$5,156,735
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$43.1M · 528 accts · $1.6M emplr
2023$36.9M · 513 accts · $1.3M emplr
2022$32.0M · 532 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,781
Audit (IQPA)$26,040
Total administrative$79,821
The Texas Partners Bank 401(k) match · 2024
Employer contribution per active participant$3,366
Median for plans this size$2,416
2024$3,366 per active participant
2023$2,872 per active participant
2022$4,181 per active participant

Texas Partners Bank'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$53,781
FORVIS MAZARS, LLP · Accounting / audit$26,040

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$79,821 · 0.20%
2023$61,093 · 0.18%
2022$31,362 · 0.13%
Same employer
Similar plansFinance & Insurance · Texas
Industry Bancshares Inc TX$44.3M · 0.15%
Crestline Investors, Inc TX$44.2M · 0.04%
Jefferson Bancshares, Inc. TX$43.4M · 0.02%
Envoy Mortgage, LTD TX$41.2M · 0.22%
Third Coast Bank, Ssb TX$40.7M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208922476 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.