Plan Ledger DOL Form 5500 · updated monthly

Vbt Financial CorporationESOP

VANTAGE BANK TEXAS EMPLOYEE STOCK OWNERSHIP PLAN · SAN ANTONIO, TX · plan year 2024

Reported admin expense ratio · 2024
0.58%

Vbt Financial Corporation reported $29,661 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. 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 fell from 1.28% to 0.58%. 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 (3,824th of 5,688), and 4,377th of 4,798 in finance & insurance. active participation has grown from 378 to 434 since 2022.

Plan summary
Net assets, end of year$5,981,179
Participants with balances468
Active participants434
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$12,780
Benefits paid to participants$60,890
Plan auditUnmodified (clean) audit opinion
AuditorHENDERSON HUTCHERSON AND MCCULLOUGH
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 468 accts
2023$4.2M · 439 accts
2022$2.8M · 436 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,161
Total administrative$29,661
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
PRINCIPAL · Recordkeeping$22,161
HILLWORTH, LLC · Valuation$7,500

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

Recordkeeper by year2
2024Principal
2023Principal

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

Administrative cost history3
2024$29,661 · 0.58%
2023$38,574 · 1.11%
2022$25,458 · 1.28%
Similar plansFinance & Insurance · Texas
Kelp Holding, Inc. TX$6.1M · 0.03%
Crockett National Bank TX$6.0M · 0.01%
Risk Theory, LLC TX$6.0M · 0.07%
Rategenius, Inc. TX$6.0M · 1.61%
Fundbox, Inc. TX$5.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 830818315 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.