Plan Snapshot
- Plan Sponsor: Texas Community Bank
- Sponsor EIN: 742231534
- Sponsor Address: 6721 MCPHERSON ROAD, LAREDO, TX, 78041
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 237
- Total Assets: $8.0M
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. |
|---|---|---|---|---|
| 2025 | 237 | $8.0M | $0 | $0 |
| 2024 | 223 | $6.9M | $0 | $360,723 |
| 2023 | 227 | $5.8M | $0 | $352,904 |
| 2022 | 224 | $5.3M | $50 | $370,719 |
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 |
|---|---|---|---|---|
| AMERICAN UNITED LIFE INSURANCE CO | Other Service Provider | $2,646 | $38,445 | $41,091 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,091
- Estimated Expense Ratio: 0.512% 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 |
|---|---|---|---|---|---|
| 2025 | $225,235 | — | $1,146 | — | — |
| 2024 | $1,108 | — | $1,108 | — | — |
| 2023 | $958 | — | $958 | — | — |
| 2022 | $1,038 | — | $1,038 | — | — |