401(k) · DOL Form 5500 · 2022

Cullen/Frost Bankers, Inc. 401(k) Plan

Data updated 2026-08-11

$984M
Total assets: 4,584
Participants: 99th
Percentile by assets: $214,639
Avg per participant

Official DOL plan name: The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates · Sponsored by Cullen/Frost Bankers, Inc. · Texas · Finance & Insurance

$984M in assets, 4,584 participants

Cullen/Frost Bankers, Inc.'s The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates reported $984M in total assets and 4,584 participants in its 2022 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

99th percentile by assets (of 139,126 plans)
#9,054 in Finance & Insurance (9,261 peers)

Coverage in Texas

The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates covers 4,584 participants in Texas, 6.7x the typical Texas plan (state average ~688 per filing). Assets: $984M.

$984M
total plan assets (2022 EOY): 4,584
covered participants: 99th
percentile by assets (of 139,126 plans): $214,639
avg assets per participant

The plan reported a net loss of $134M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State

Texas

Industry

Finance & Insurance

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates reports 4,584 participants - 6.7x that state average ($984M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)	$1.1B
Net Assets (End of Year)	$984M
Net Income	-$134M
Employer EIN	741751768
Plan Effective Date	1986-12-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Cullen/Frost Bankers, Inc.)

Total plan assets by year, all Cullen/Frost Bankers, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	5,240	$1.1B
2023	2	5,598	$1.2B
2024	2	6,097	$1.4B

Nearby 401(k) Plans in Texas

Peer 401(k) plans, same state, same plan type, ranked by total assets.

The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates vs. nearby 401(k) plans in Texas, assets vs. participants

AT&T Retirement Savings Plan $37.6B · 144,503
Exxonmobil Savings Plan $21.3B · 23,619
Caterpillar 401(k) Savings Plan $13.8B · 38,538
American Airlines, Inc. 401(k) Plan $12.8B · 85,577
Dell Inc. 401(k) Plan $12.0B · 47,532

Compare The 401(k) Stock Purchase Plan for Emplo… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates by total assets, not by location.

Conduent Savings Plan (NJ) $983M · 22,932
The Waters Employee Investment Plan (MA) $982M · 2,983
Dst Systems, Inc. 401(k) Profit Sharing Plan (CT) $987M · 3,520
Baystate Health, Inc Retirement Plan (MA) $987M · 13,128

Frequently Asked Questions

How did The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates assets move in 2022? ▼

The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates pulled back noticeably - down 12.0% during 2022, from $1.1B to $984M. Reported net income was -$134M.

How have Cullen/Frost Bankers, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Cullen/Frost Bankers, Inc.'s sponsor-wide assets grew 21.2%, from $1.1B to $1.4B.

Where does The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates rank by assets among Form 5500 filers? ▼

The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).

Which 401(k) plans are similar in size to The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates? ▼

Among 401(k) plans in other states, the closest by assets is Conduent Savings Plan in NJ ($983M, 22,932 participants).

Next read for The 401(k) Stock Purchase Plan for Emplo…

Filing takeaways

Ways to act on The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates's numbers.

By total assets, The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Texas. Compare plans
Cullen/Frost Bankers, Inc.'s sponsor-wide assets have grown 21.2% since 2022 across 3 plan years on file. More Finance & Insurance plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 741751768.