Plan Snapshot
- Plan Sponsor: Texas Farm Bureau
- Sponsor EIN: 741145986
- Sponsor Address: 7420 FISH POND RD, WACO, TX, 76710
- Plan Type: 401(k)
- Total Participants: 101
- Total Assets: $3.0M
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 | 101 | $3.0M | $58,727 | $66,388 |
| 2023 | 75 | $2.8M | $79,256 | $88,264 |
| 2022 | 94 | $2.4M | $90,989 | $101,418 |
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 |
|---|---|---|---|---|
| JAYNES, REITMEIER, BOYD & THERRELL | 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 | $235,523 | — | $14,414 | — | — |
| 2023 | $161,437 | — | $14,419 | — | — |
| 2022 | $14,489 | $389 | — | — | — |