Texas Champion Bank 401(K) Plan — Form 5500 plan (Texas Champion Bank)
Plain-English plan 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, Texas Champion Bank 401(K) Plan is a benefit plan reported by Texas Champion Bank under EIN 74-0881940 and plan number 001. The latest loaded filing year is 2023. The filing reports 158 participants and $6,190,625 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$6.2MPlan net assets, end of year$6,190,625
Participants158Covered participants reported
Assets / participant$39.2KComputed: assets ÷ participants$39,181 (computed)
Provider compensation$1.4K3 Schedule C provider row(s)$1,436
- Plan sponsor
- Texas Champion Bank
- EIN
- 74-0881940
- Plan number
- 001
- Plan type
- 2
- Location
- Alice, TX
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 158 | H, C | 20241007105121NAL0025965472001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$6.2M total assets
Net assets$6.2MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $6,190,625
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,190,625
- Net assets (BOY)
- $5,306,193
Income & contributions
- Employer contributions
- $129,877
- Participant contributions
- $248,106
- Total contributions
- $377,983
- Total income / additions
- $1,011,207
Expenses & distributions
- Benefits paid
- $125,739
- Administrative expenses
- $1,036
- Total expenses
- $126,775
- Net increase / (decrease)
- $884,432
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
34%66%
Employer 34%Participant 66%
Total expenses ÷ net assets2%Computed ratio
Benefits paid ÷ total income12%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| National Professional Planning Grou | CONTRACT ADMIN | $900 | $0 | 2023 |
| Empower Annity Insurance Contract | RECORDKEEPER | $436 | $0 | 2023 |
| David K Young Consulting LLC | OTHER | $100 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Texas Champion Bank
- 2023 Form 5500 filing
- Form 5500 filings in TX
- 401(k) and benefit plan filings in Alice, TX
- National Professional Planning Grou — Schedule C compensation
- Empower Annity Insurance Contract — Schedule C compensation
- David K Young Consulting LLC — Schedule C compensation