Plan Snapshot
- Plan Sponsor: Pilot Point Bancorp, INC.
- Sponsor EIN: 752041458
- Sponsor Address: 200 S HWY 377, PILOT POINT, TX, 762584357
- Plan Type: 401(k)
- Total Participants: 109
- Total Assets: $8.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 109 | $8.9M | $808,319 | $509,959 |
| 2023 | 107 | $7.4M | $1.5M | $490,463 |
| 2022 | 102 | $5.5M | $671,659 | $423,669 |
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 |
|---|---|---|---|---|
| COMMERCE STREET INVESTMENT ADVISORS | INVESTMENT ADVISORY | $20,252 | — | $20,252 |
| NWPS | NONE | $12,984 | — | $12,984 |
| PAYNE & SMITH, LLC CPA | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NWPS — NONE
- PAYNE & SMITH, LLC CPA — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $33,236
- Estimated Expense Ratio: 0.373% 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 | $39,994 | — | — | — | — |
| 2023 | $37,952 | $14,399 | $23,553 | — | — |
| 2022 | $40,801 | $14,643 | $26,158 | — | — |