Texas Champion Bank 401(k) match, vesting and fees
What Texas Champion Bank'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 | Empower Annity Insurance Contract | 2023 Schedule C ↗ |
| Independent auditor | Ham, Langston & Brezina, L.L.P. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
The recordkeeper is from the plan year 2023 filing, the latest that names one. The other rows are from the plan year 2024 filing.
How the plan compares
Plan year 2024 medians for 3,409 defined-contribution plans in finance and insurance with 100 to 499 participants.
| Texas Champion Bank: employer contribution per participant | $1,085 | |
| Peer median | $2,868 |
| Texas Champion Bank: average balance | $59,973 | |
| Peer median | $95,281 |
| Texas Champion Bank: admin expenses ÷ assets | 0.03% | |
| Peer median | 0.22% |
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 $6M at the end of plan year 2021 to $7.1M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 171 | $7.1M | $128K | $1,085 | 0.03% | Not published | Form 5500 ↗ |
| 2023 | 162 | $6.2M | $130K | $1,110 | 0.02% | Not published | Form 5500 ↗ |
| 2022 | 161 | $5.3M | $127K | $1,038 | 0.03% | Not published | Form 5500 ↗ |
| 2021 | 166 | $6M | $116K | $927 | 0.04% | Not published | Form 5500 ↗ |
Common questions
Does Texas Champion Bank match 401(k) contributions?
The match terms for the Texas Champion Bank Texas Champion Bank 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $128K in employer contributions, about $1,085 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Texas Champion Bank 401(k) match vested?
The vesting schedule for the Texas Champion Bank Texas Champion Bank 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Texas Champion Bank 401(k)?
The recordkeeper listed on Schedule C of the plan year 2023 filing is Empower Annity Insurance Contract. The plan administrator is Texas Champion Bank.
I left Texas Champion Bank. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Texas Champion Bank, (361) 994-7104) or the recordkeeper, Empower Annity Insurance Contract. The Texas Champion Bank old 401(k) page lists the contacts from every plan filing. Find an old Texas Champion Bank 401(k)
Data from the public Form 5500 annual reports Texas Champion Bank 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 Texas Champion Bank. Not financial advice. Report a correction · Methodology