Woodforest Financial Group 401(k) match, vesting and fees
What Woodforest Financial Group'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 | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Sikich Cpa LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2025 medians for 46 defined-contribution plans in management of companies and enterprises with 1,000 to 4,999 participants.
| Woodforest Financial Group: employer contribution per participant | $972 | |
| Peer median | $2,622 |
| Woodforest Financial Group: average balance | $109,247 | |
| Peer median | $114,810 |
| Woodforest Financial Group: admin expenses ÷ assets | 0.08% | |
| Peer median | 0.11% |
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 $520M at the end of plan year 2021 to $525M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 4,982 | $525M | $4.7M | $972 | 0.08% | Not published | Form 5500 ↗ |
| 2024 | 5,059 | $499M | $4.4M | $1,057 | 0.07% | Not published | Form 5500 ↗ |
| 2023 | 4,349 | $505M | $1.2M | $276 | 0.07% | Not published | Form 5500 ↗ |
| 2022 | 4,113 | $506M | $4.4M | $1,090 | 0.07% | Not published | Form 5500 ↗ |
| 2021 | 3,995 | $520M | $4.5M | $1,141 | 0.08% | Not published | Form 5500 ↗ |
Common questions
Does Woodforest Financial Group match 401(k) contributions?
The match terms for the Woodforest Financial Group Employee Stock Ownership Plan have not been published from its filing yet. The plan year 2025 filing reports $4.7M in employer contributions, about $972 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Woodforest Financial Group 401(k) match vested?
The vesting schedule for the Woodforest Financial Group Employee Stock Ownership Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Woodforest Financial Group 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Principal Life Insurance Company. The plan administrator is Woodforest Financial Group, Inc..
I left Woodforest Financial Group. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Woodforest Financial Group, Inc., (832) 375-2000) or the recordkeeper, Principal Life Insurance Company. The Woodforest Financial Group old 401(k) page lists the contacts from every plan filing. Find an old Woodforest Financial Group 401(k)
Data from the public Form 5500 annual reports Woodforest Financial Group filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) 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 Woodforest Financial Group. Not financial advice. Report a correction · Methodology