Plan Snapshot
- Plan Sponsor: Vbt Financial Corporation
- Sponsor EIN: 830818315
- Sponsor Address: 45 NE LOOP 410, SAN ANTONIO, TX, 78216
- Plan Type: DC
- Total Participants: 434
- Total Assets: $6.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 434 | $6.0M | $0 | $0 |
| 2023 | 402 | $4.2M | $0 | $0 |
| 2022 | 378 | $2.8M | $0 | $0 |
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 |
|---|---|---|---|---|
| PRINCIPAL | RECORDKEEPER/BOOKKEEPER | $22,161 | — | $22,161 |
| HILLWORTH, LLC | VALUATION SERVICES | $7,500 | — | $7,500 |
| HENDERSON HUTCHERSON AND MCCULLOUGH | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $29,661
- Estimated Expense Ratio: 0.496% 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 | $29,661 | — | $22,161 | — | — |
| 2023 | $38,574 | — | $13,816 | — | — |
| 2022 | $25,458 | — | $13,458 | — | $12,000 |