Plan Ledger DOL Form 5500 · updated monthly

Texas Regional Bank401(k)

TEXAS REGIONAL BANK 401(K) PLAN · HARLINGEN, TX · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Texas Regional Bank reported $38,755 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $1,577 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 0.05% to 0.19%. 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 1,739th-largest of 5,688 plans among Texas employers on file, and 2,713th of 4,798 in finance & insurance. In 2024, employees put in $3.11 for every $1.00 the employer contributed; active participation has grown from 375 to 515 since 2022.

Plan summary
Net assets, end of year$24,881,929
Participants with balances522
Active participants515
Employer contributions$811,918
Employee contributions$2,525,823
Employer contribution per active participant$1,577
Average account balance$47,667
Benefits paid to participants$1,039,329
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.9M · 522 accts · $812K emplr
2023$16.4M · 426 accts · $654K emplr
2022$12.2M · 339 accts · $511K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,669
Investment management$24,086
Total administrative$38,755
The Texas Regional Bank 401(k) match · 2024
Employer contribution per active participant$1,577
Median for plans this size$2,416
2024$1,577 per active participant
2023$1,532 per active participant
2022$1,364 per active participant

Texas Regional Bank's 2024 employer contribution ran below 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
GALLAGHER BENEFIT SERVICES · Recordkeeping · Trustee$24,086
ADP, INC. · Loan processing · Recordkeeping$14,669

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

Recordkeeper by year2
2024ADP, GALLAGHER BENEFIT SERVICES
2023ADP

This plan has changed recordkeepers within these filings. If you left Texas Regional Bank before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$38,755 · 0.19%
2023$7,927 · 0.06%
2022$5,927 · 0.05%
Same employer
Similar plansFinance & Insurance · Texas
Peoples Bank TX$25.4M · 0.49%
Texans Credit Union TX$25.0M · 0.25%
Mercury Financial LLC TX$24.8M · 0.36%
First Bank TX$24.7M · 0.41%
Ep Loya Group, LP TX$24.7M · 0.10%
Click N' Close, Inc. TX$24.6M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742440392 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.