Texas Regional Bank 401(K) Plan — Form 5500 plan (Texas Regional 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 Regional Bank 401(K) Plan is a benefit plan reported by Texas Regional Bank under EIN 74-2440392 and plan number 001. The latest loaded filing year is 2023. The filing reports 430 participants and $16,403,432 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Texas Regional Bank
- EIN
- 74-2440392
- Plan number
- 001
- Plan type
- 2
- Location
- Harlingen, TX
- Latest filing year
- 2023
- Participants
- 430
- End-of-year plan assets
- $16,403,432
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 430 | H, C | 20241009094143NAL0036635730001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $16,403,432
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,403,432
- Net assets (BOY)
- $12,220,851
Income & contributions
- Employer contributions
- $654,190
- Participant contributions
- $1,974,384
- Total contributions
- $2,889,684
- Total income / additions
- $4,976,349
Expenses & distributions
- Benefits paid
- $785,508
- Administrative expenses
- $7,927
- Total expenses
- $793,768
- Net increase / (decrease)
- $4,182,581
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $7,927 | $0 | 2023 |