401(k) · DOL Form 5500 · 2022
Woodforest Financial Group, Inc. 401(k) Plan
Data updated 2026-08-11
- $506M
- Total assets
- 3,408
- Participants
- 98th
- Percentile by assets
- $148,427
- Avg per participant
Official DOL plan name: Woodforest Financial Group, Inc. Employee Stock Ownership Plan · Sponsored by Woodforest Financial Group, Inc. · Texas · Management of Enterprises
$506M in assets, 3,408 participants
Woodforest Financial Group, Inc.'s Woodforest Financial Group, Inc. Employee Stock Ownership Plan reported $506M in total assets and 3,408 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 139,126 plans)
- #1,098 in Management of Enterprises (1,193 peers)
Coverage in Texas
Woodforest Financial Group, Inc. Employee Stock Ownership Plan covers 3,408 participants in Texas, 5.0x the typical Texas plan (state average ~688 per filing). Assets: $506M.
- $506M
- total plan assets (2022 EOY)
- 3,408
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $148,427
- avg assets per participant
The plan reported a net loss of $14M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Texas filers
In Texas, the average filing covers about 688 participants across 10,116 plans. Woodforest Financial Group, Inc. Employee Stock Ownership Plan reports 3,408 participants - 5.0x that state average ($506M EOY assets).
Texas filing particulars
| Total Assets (Beginning of Year) | $520M |
|---|---|
| Net Assets (End of Year) | $506M |
| Net Income | -$14M |
| Employer EIN | 760163373 |
| Plan Effective Date | 1981-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Woodforest Financial Group, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 3,408 | $506M |
| 2023 | 1 | 3,476 | $505M |
| 2024 | 1 | 4,504 | $499M |
Nearby 401(k) Plans in Texas
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Woodforest Financial Group, Inc. Employee Stock Ownership Plan 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
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Woodforest Financial Group, Inc. Employee Stock Ownership Plan by total assets, not by location.
- International Flavors & Fragrances Inc. Retirement Investment Fund Plan (NY) $506M · 1,917
- Westlake Services Holding Company Employee Stock Ownership Plan (CA) $506M · 1,810
- Fenwick & West LLP 401(k) Retirement Savings Plan (CA) $506M · 1,202
- The Cengage Learning, Inc. 401(k) Savings Plan (OH) $505M · 3,352
Frequently Asked Questions
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Filing takeaways
Ways to act on Woodforest Financial Group, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Woodforest Financial Group, Inc. Employee Stock Ownership Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Texas. Compare plans
- Woodforest Financial Group, Inc.'s sponsor-wide assets have declined 1.4% since 2022 across 3 plan years on file. More Management of Enterprises plans