Plan Snapshot
- Plan Sponsor: Cullen/Frost Bankers, INC.
- Sponsor EIN: 741751768
- Sponsor Address: 111 W. HOUSTON ST., SAN ANTONIO, TX, 78205
- Plan Type: 401(k)
- Total Participants: 5,979
- Total Assets: $1.2B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 5,979 | $1.2B | $30.1M | $41.9M |
| 2023 | 5,570 | $1.0B | $31.9M | $37.2M |
| 2022 | 5,006 | $983.9M | $27.7M | $31.9M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $471,256 | — | $471,256 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $57,295 | — | $57,295 |
| AON CONSULTING, INC. | PLAN SPONSOR | $9,833 | — | $9,833 |
| ERNST & YOUNG | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- AON CONSULTING, INC. — PLAN SPONSOR
- ERNST & YOUNG — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $538,384
- Estimated Expense Ratio: 0.044% of plan assets
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 | $539,266 | $57,295 | $3,600 | — | — |
| 2023 | $299,948 | $33,805 | $2,400 | — | — |
| 2022 | $292,807 | $15,286 | — | — | — |