Plan Snapshot
- Plan Sponsor: Fb Bancorp
- Sponsor EIN: 880392128
- Sponsor Address: 17300 HENDERSON PASSSUITE 100, SAN ANTONIO, TX, 782321568
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 231
- Total Assets: $25.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 231 | $25.4M | $0 | $0 |
| 2024 | 193 | $20.9M | $744,423 | $1.3M |
| 2023 | 182 | $17.8M | $681,334 | $1.2M |
| 2022 | 190 | $14.2M | $623,330 | $989,606 |
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 |
|---|---|---|---|---|
| LPL FINANCIAL, LLC | Other Service Provider | $18,750 | — | $18,750 |
| NFP | Other Service Provider | $17,500 | — | $17,500 |
| WHITLEY PENN LLP | Other Service Provider | $7,800 | — | $7,800 |
| VOYA RETIREMENT INSURANCE & ANNUITY | Other Service Provider | $5,850 | — | $5,850 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $49,900
- Estimated Expense Ratio: 0.197% 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 |
|---|---|---|---|---|---|
| 2025 | $1,176,596 | $44,050 | $4,750 | — | — |
| 2024 | $96,060 | $91,110 | $4,150 | — | — |
| 2023 | $14,550 | $11,000 | $2,850 | — | — |
| 2022 | $40,250 | — | — | — | — |