# Veritex Community Bank 401(k) Plan
Source: https://planprovider.pro/companies/veritex-community-bank-401k-plan

> Veritex Community Bank's 401(k) plan: 869 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Veritex Community Bank

- **Sponsor EIN:** 760752296

- **Sponsor Address:** 8214 WESTCHESTER DRIVE, SUITE 400, DALLAS, TX, 75225

- **Plan Type:** 401(k)

- **Total Participants:** 869

- **Total Assets:** $84.0M

## 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|869|$84.0M|$5.4M|$7.5M|

| 2023|821|$65.7M|$4.9M|$6.7M|

| 2022|770|$49.7M|$4.7M|$6.4M|

## 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|

| FIDELITY INVESTMENTS INSTITUTIONAL|RECORDKEEPER|$17,121|—|$17,121|

| STRATEGIC ADVISORS, INC.|ADVISOR|$16,442|—|$16,442|

| WEAVER AND TIDWELL LLP|Auditor|—|—|$0|

### Verified Provider Profiles

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

- [FIDELITY INVESTMENTS INSTITUTIONAL](https://planprovider.pro/provider/fidelity-investments) — RECORDKEEPER

- [STRATEGIC ADVISORS, INC.](https://planprovider.pro/provider/creative-planning) — ADVISOR

- [WEAVER AND TIDWELL LLP](https://planprovider.pro/provider/weaver-and-tidwell-llp) — Auditor

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $33,563

- **Estimated Expense Ratio:** 0.040% 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|$33,563|$16,442|—|—|—|

| 2023|$65,430|$12,442|$600|—|—|

| 2022|$43,505|$7,281|—|—|—|

## Similar Plans

- [Southside Bancshares, INC.](https://planprovider.pro/companies/southside-bancshares-inc-401k-plan) — 789 participants

- [Amarillo National Bank](https://planprovider.pro/companies/amarillo-national-bank-401k-plan) — 719 participants

- [Stellar Bank](https://planprovider.pro/companies/communitybank-of-texas-a-division-of-allegiance-bank-401k-plan) — 1,033 participants

- [Austin Bank, Texas, N.A.](https://planprovider.pro/companies/austin-bank-texas-n-a-401k-plan) — 698 participants

- [Broadway Bancshares, INC.](https://planprovider.pro/companies/broadway-bancshares-inc-401k-plan) — 662 participants

- [Southside Bancshares, INC.](https://planprovider.pro/companies/southside-bancshares-inc-plan-003) — 640 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/veritex-community-bank-401k-plan)

© 2026 PlanProvider.Pro