Plan Snapshot
- Plan Sponsor: Allegiance Bank
- Sponsor EIN: 260589597
- Sponsor Address: 8727 WEST SAM HOUSTON PKWY, HOUSTON, TX, 770405167
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $0 | $0 | $0 |
| 2023 | 557 | $87.8M | $3.0M | $4.9M |
| 2022 | 563 | $79.4M | $3.4M | $4.9M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $427,400 | — | $427,400 |
| MORGAN STANLEY | OTHER SERVICES | — | $143,408 | $143,408 |
| STELLAR BANK | OTHER SERVICES | — | $57,680 | $57,680 |
| WEAVER & TIDWELL, L.L.P. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — OTHER SERVICES
- WEAVER & TIDWELL, L.L.P. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $628,488
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $15,738 | — | $15,738 | — | — |
| 2023 | $213,700 | — | $213,700 | — | — |
| 2022 | $222,036 | — | $216,220 | — | $5,816 |