2023 Form 5500 filing — Texas Bank 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240920141526NAL0015620754001) for Texas Bank 401(K) Plan, reported by Texas Bank under EIN 75-1405029 and plan number 001. It reports 169 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240920141526NAL0015620754001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Texas Bank
- EIN
- 75-1405029
- Plan number
- 001
- Location
- Henderson, TX
- Participants
- 169
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $7,653,445
- Net assets (EOY)
- $7,653,445
- Employer contributions
- $379,944
- Participant contributions
- $545,009
- Total income / additions
- $1,856,506
- Benefits paid
- $335,844
- Administrative expenses
- $10,316
- Total expenses
- $387,371
- Net increase / (decrease)
- $1,469,135
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Edward D Jones & Company | INVESTMENT ADVISORY - PLA | $22,655 | $0 |
| Transamerica Life Insurance Company | RECORDKEEPER | $5,728 | $0 |
| Nova 401(K) Associates | THIRD PARTY ADMINISTRATOR | $4,930 | $227 |
| Henry & Peters Pc | AUDIT | $5,000 | $0 |