401(k) · DOL Form 5500 · 2023

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

Data updated 2026-08-25

$1.0B
Total assets Very large vs avg
5,006
Participants Above avg headcount
99th
Percentile by assets National rank
$207,610
Avg per participant Above avg balance/head
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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

$1.0B in assets, 5,006 participants

Cullen/Frost Bankers, Inc.'s The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates reported $1.0B in total assets and 5,006 participants in its 2023 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.

  • #8,651 in Finance & Insurance (8,869 peers)

Coverage in Texas

The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates covers 5,006 participants in Texas, 7.3x the typical Texas plan (state average ~688 per filing). Assets: $1.0B.

#8,651
in Finance & Insurance (8,869 peers)
+5.6%
assets growth YoY
10×
vs typical plan assets (national mean)

The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates's outsized position by total assets

The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,039,296,960 Top 1% higher than 99% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates lands in the large band (5,006 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates reported net income rose from -$134M in the plan year 2022 filing to $55M in the plan year 2023 filing.
  • The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates reported participants rose from 4,584 in the plan year 2022 filing to 5,006 in the plan year 2023 filing.
  • The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates end-of-year assets rose from $984M in the plan year 2022 filing to $1.0B in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 741751768 · Cullen/Frost Bankers, Inc. PY 2023 · 401(k)

The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates · $1.0B · 5,006 · 99th

  • EOY $1.0B
  • EOY 5,006
  • EOY 99th
  • EOY 401(k)
  • EOY near Coadvantage Corporation Retirement Savings Plan
  • EOY ind #8651

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Texas →

The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates in the asset neighbourhood

The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its AffiliatesThe 401(k) Stock Purchase Pl…$1.0BCoadvantage Corporation Retirement Savings PlanCoadvantage Corporation Reti…$1.0BPillsbury Winthrop Shaw Pittman LLP Retirement Savings Plan No. 1Pillsbury Winthrop Shaw Pitt…$1.0BDst Systems, Inc. 401(k) Profit Sharing PlanDst Systems, Inc. 401(k) Pro…$1.0BArch Capital Group (U.S.) Inc. Employee Retirement PlanArch Capital Group (U.S.) In…$1.0B
End-of-year total assets ($B) among The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$984M
Net Assets (End of Year)$1.0B
Net Income$55M
Employer EIN741751768
Plan Effective Date1986-12-01
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All Cullen/Frost Bankers, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.4B 21.184736104452774% vs 2022
2024 filing year
$1.1B$1.2B$1.3B$1.4B$1.5B 202220232024 $1.14B $1.38B ▲ +21.1%
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 Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates, Total assets ($B): 1.03929696 · Participants: 5006The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its AffiliatesAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
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
Compare The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates side-by-side with 3 peers →

Scale composition for The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates

The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates reports $1.0B in end-of-year assets across 5,006 participants (0.008% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.005% of 93,925,755 covered participants) - about $207,610 per participant (1.5x the national average assets-per-participant) . Net income for plan year 2023 was $55M.

This plan identity (EIN 741751768, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $984M to $1.2B (+23.4%) while covered participants moved from 4,584 to 5,570 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 4,584 $984M Open filing
2023 5,006 $1.0B This page
2024 · index core 5,570 $1.2B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Coadvantage Corporation Retirement Savings Plan in FL ($1.0B); by covered participants it is The Contractors Retirement Plan in TN (5,005 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (5,006 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates assets move in 2023? ▼
The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates grew at a solid clip - up 5.6% during 2023, from $984M to $1.0B. Reported net income was $55M.
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 127,072 plans that reported assets for plan year 2023 (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 Coadvantage Corporation Retirement Savings Plan in FL ($1.0B, 84,837 participants).
Which 401(k) plans cover a similar participant headcount 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 covered participants is The Contractors Retirement Plan in TN (5,005 participants, $156M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.