Plan Ledger DOL Form 5500 · updated monthly

Texas Windstorm Insurance Association401(k)

INSURANCE COMPANY SUPPORTED ORGANIZATIONS 401(K) SAVINGS PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Texas Windstorm Insurance Association reported $55,248 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $4,700 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 0.17% to 0.18%. 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 1,448th-largest of 5,688 plans among Texas employers on file, and the 2,285th of 4,798 in finance & insurance. In 2024, employees put in $1.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$32,612,751
Participants with balances292
Active participants223
Employer contributions$1,048,183
Employee contributions$1,536,190
Employer contribution per active participant$4,700
Average account balance$111,688
Benefits paid to participants$1,972,373
Plan auditUnmodified (clean) audit opinion
AuditorTHOMAS HOWELL FERGUSON P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$32.6M · 292 accts · $1.0M emplr
2023$28.5M · 281 accts · $1.1M emplr
2022$24.7M · 272 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,598
Total administrative$55,248
The Texas Windstorm Insurance Association 401(k) match · 2024
Employer contribution per active participant$4,700
Median for plans this size$2,416
2024$4,700 per active participant
2023$5,213 per active participant
2022$4,925 per active participant

Texas Windstorm Insurance Association's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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.

Administrative cost history3
2024$55,248 · 0.18%
2023$46,804 · 0.18%
2022$45,773 · 0.17%
Similar plansFinance & Insurance · Texas
Gainsco, Inc. TX$33.3M · 0.07%
Carlson Capital, L.P. TX$33.1M · 0.07%
Green Brick Partners, Inc. TX$32.9M · 0.28%
Credit Union of Texas TX$32.6M · 0.42%
Network Funding, L.P. TX$32.6M · 0.32%
Community National Bank TX$32.0M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 746189303 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.