Cullen/Frost Bankers 401(k) match, vesting and fees
What Cullen/Frost Bankers' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Ernst & Young (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 118 defined-contribution plans in finance and insurance with 5,000 to 9,999 participants.
| Cullen/Frost Bankers: employer contribution per participant | $4,319 | |
| Peer median | $3,354 |
| Cullen/Frost Bankers: average balance | $174,301 | |
| Peer median | $126,365 |
| Cullen/Frost Bankers: admin expenses ÷ assets | 0.05% | |
| Peer median | 0.06% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $1.1B at the end of plan year 2021 to $1.2B at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 7,179 | $1.2B | $30.1M | $4,319 | 0.05% | Not published | Form 5500 ↗ |
| 2023 | 6,747 | $1B | $31.9M | $4,853 | 0.03% | Not published | Form 5500 ↗ |
| 2022 | 6,190 | $984M | $27.7M | $4,567 | 0.03% | Not published | Form 5500 ↗ |
| 2021 | 5,774 | $1.1B | $18.9M | $3,382 | 0.03% | Not published | Form 5500 ↗ |
Other Cullen/Frost Bankers plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Retirement Plan for Employees of Cullen/Frost Bankers, Inc. & Its Affiliates
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Aon Consulting | Schedule C ↗ |
| Independent auditor | Ernst & Young LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
Common questions
Does Cullen/Frost Bankers match 401(k) contributions?
The match terms for the The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates have not been published from its filing yet. The plan year 2024 filing reports $30.1M in employer contributions, about $4,319 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Cullen/Frost Bankers 401(k) match vested?
The vesting schedule for the The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates is not in the data published so far. Your Summary Plan Description states it.
Who manages the Cullen/Frost Bankers 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Compensation & Benefits Committee of Cullen/Frost Bankers, Inc..
I left Cullen/Frost Bankers. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Compensation & Benefits Committee of Cullen/Frost Bankers, Inc., (210) 220-4011) or the recordkeeper, Fidelity Investments Institutional. The Cullen/Frost Bankers old 401(k) page lists the contacts from every plan filing. Find an old Cullen/Frost Bankers 401(k)
Data from the public Form 5500 annual reports Cullen/Frost Bankers filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Cullen/Frost Bankers. Not financial advice. Report a correction · Methodology