Texas Country Bancshares, Inc. 401(K) Employee Stock Ownership Plan — Form 5500 plan (Texas Country Bancshares, Inc.)

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 Country Bancshares, Inc. 401(K) Employee Stock Ownership Plan is a benefit plan reported by Texas Country Bancshares, Inc. under EIN 75-1788352 and plan number 002. The latest loaded filing year is 2023. The filing reports 78 participants and $7,565,244 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$7.6MPlan net assets, end of year$7,565,244
Participants78Covered participants reported
Assets / participant$97KComputed: assets ÷ participants$96,990 (computed)
Provider compensationNone reported
Plan sponsor
Texas Country Bancshares, Inc.
EIN
75-1788352
Plan number
002
Plan type
2
Location
Brady, TX
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202378I20240930095046NAL0005398305001
Schedule I · 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)$7.6M total assets
Net assets$7.6MLiabilities$0
Money in vs. money out
Total income / additions$1.3M
Total expenses$556.1K
Benefits paid / distributions$545.5K
Contributions
Employer$207.7K
Participant$277.3K
Full reported line items

Net assets

Total assets (EOY)
$7,565,244
Total liabilities (EOY)
$0
Net assets (EOY)
$7,565,244
Net assets (BOY)
$6,785,958

Income & contributions

Employer contributions
$207,736
Participant contributions
$277,255
Total income / additions
$1,335,391

Expenses & distributions

Benefits paid
$545,536
Administrative expenses
$10,569
Total expenses
$556,105
Net increase / (decrease)
$779,286
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.

Contribution share (employer vs. participant)
Employer 43%Participant 57%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income41%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages