Plan Snapshot
- Plan Sponsor: Independent Bankers Association Of Texas
- Sponsor EIN: 751459906
- Sponsor Address: 1700 RIO GRANDE ST., SUITE 100, AUSTIN, TX, 78701
- Plan Type: 401(k)
- Total Participants: 24
- Total Assets: $4.5M
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 | 24 | $4.5M | $64,122 | $201,895 |
| 2023 | 24 | $5.8M | $97,330 | $245,749 |
| 2022 | 22 | $5.7M | $197,715 | $257,524 |