Higginbotham Insurance Agency 401(k) match, vesting and fees
What Higginbotham Insurance Agency's 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 | Bdo USA LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 673 defined-contribution plans in finance and insurance with 1,000 to 4,999 participants.
| Higginbotham Insurance Agency: employer contribution per participant | $6 | |
| Peer median | $2,966 |
| Higginbotham Insurance Agency: average balance | $83,533 | |
| Peer median | $104,792 |
| Higginbotham Insurance Agency: admin expenses ÷ assets | 0.11% | |
| Peer median | 0.10% |
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 $93.6M at the end of plan year 2021 to $169M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 3,754 | $169M | $13K | $6 | 0.11% | Not published | Form 5500 ↗ |
| 2023 | 2,858 | $121M | $0 | $0 | 0.08% | Not published | Form 5500 ↗ |
| 2022 | 2,364 | $95.7M | — | — | 0.15% | Not published | Form 5500 ↗ |
| 2021 | 1,764 | $93.6M | — | — | 0.16% | Not published | Form 5500 ↗ |
Common questions
Does Higginbotham Insurance Agency match 401(k) contributions?
The match terms for the Higginbotham Insurance Agency, Inc. Savings and Investment Plan and Trust have not been published from its filing yet. The plan year 2024 filing reports $13K in employer contributions, about $6 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Higginbotham Insurance Agency 401(k) match vested?
The vesting schedule for the Higginbotham Insurance Agency, Inc. Savings and Investment Plan and Trust is not in the data published so far. Your Summary Plan Description states it.
Who manages the Higginbotham Insurance Agency 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Higginbotham Insurance Agency, Inc..
I left Higginbotham Insurance Agency. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Higginbotham Insurance Agency, Inc., (817) 347-6959) or the recordkeeper, Fidelity Investments Institutional. The Higginbotham Insurance Agency old 401(k) page lists the contacts from every plan filing. Find an old Higginbotham Insurance Agency 401(k)
Data from the public Form 5500 annual reports Higginbotham Insurance Agency 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 Higginbotham Insurance Agency. Not financial advice. Report a correction · Methodology