Plan Snapshot
- Plan Sponsor: Guaranty Bancshares, INC.
- Sponsor EIN: 751656431
- Sponsor Address: 16475 DALLAS PARKWAY, DALLAS, TX, 75001
- Plan Type: 401(k)
- Total Participants: 492
- Total Assets: $60.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 492 | $60.9M | $1.6M | $2.5M |
| 2023 | 499 | $59.3M | $1.6M | $2.5M |
| 2022 | 502 | $61.5M | $1.6M | $2.4M |
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 |
|---|---|---|---|---|
| NEWPORT GROUP, INC. | RECORDKEEPER | $52,585 | — | $52,585 |
| FCG INVESTMENT COMPANY | INVESTMENT ADVISOR | $47,950 | — | $47,950 |
| WHITLEY PENN LLP | AUDITOR | $36,565 | — | $36,565 |
| FINANCIAL CONSULTING GROUP | CONSULTING | $17,124 | — | $17,124 |
| NEWPORT TRUST COMPANY | TRUSTEE | $17,102 | — | $17,102 |
| GENEOS WEALTH MANAGEMENT | INVESTMENT ADVISOR | $10,906 | — | $10,906 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WHITLEY PENN LLP — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $182,232
- Estimated Expense Ratio: 0.299% 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 | $182,232 | $75,980 | $39,046 | $36,565 | — |
| 2023 | $166,371 | $46,655 | $51,571 | $33,990 | — |
| 2022 | $167,355 | $46,935 | $73,007 | — | $47,413 |