Plan Snapshot
- Plan Sponsor: Lone Star National Bancshares-Texas, INC
- Sponsor EIN: 742777101
- Sponsor Address: 520 EAST NOLANA AVE, MCALLEN, TX, 78504
- Plan Type: 401(k)
- Total Participants: 634
- Total Assets: $36.5M
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 | 634 | $36.5M | $730,163 | $1.8M |
| 2023 | 678 | $33.6M | $679,100 | $1.7M |
| 2022 | 594 | $28.3M | $560,424 | $1.5M |
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 |
|---|---|---|---|---|
| SMITH FANHAUSER VOIGT & WATSON PLLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $133,322 | — | $132,557 | — | — |
| 2023 | $122,477 | — | $122,477 | — | — |
| 2022 | $103,786 | — | $102,849 | — | — |