# Olney Bancshares Of Texas, INC. DC Plan
Source: https://planprovider.pro/companies/olney-bancshares-of-texas-inc-plan-001

> Olney Bancshares Of Texas, INC.'s DC plan: 524 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Olney Bancshares Of Texas, INC.

- **Sponsor EIN:** 752534536

- **Sponsor Address:** 307 W MAIN STREET, OLNEY, TX, 76374

- **Plan Type:** DC

- **Total Participants:** 524

- **Total Assets:** $49.0M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **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|524|$49.0M|$2.6M|$2.1M|

| 2023|522|$44.3M|$2.1M|$2.6M|

| 2022|524|$36.9M|$2.8M|$2.0M|

## 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|

| EMPOWER ANNUITY INSURANCE COMPANY|RECORDKEEPER|$63,848|—|$63,848|

| EXENCIAL WEALTH ADVISORS LLC|INVESTMENT ADVISOR|$45,000|—|$45,000|

| EMPOWER ADVISORY GROUP, LLC|INVESTMENT MGMT|$26,318|—|$26,318|

| HOGANTAYLOR LLP|AUDITOR|$20,500|—|$20,500|

| HOGAN TAYLOR|Auditor|$20,500|—|$20,500|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [HOGAN TAYLOR](https://planprovider.pro/provider/hogan-taylor-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $176,166

- **Estimated Expense Ratio:** 0.359% 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|$150,038|$71,318|—|$20,500|—|

| 2023|$137,020|$88,204|—|—|—|

| 2022|$138,447|$78,962|$59,485|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/olney-bancshares-of-texas-inc-plan-001)

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