401(k) · DOL Form 5500 · 2023

Independent Bankers Financial Corporation 401(k) Plan

Data updated 2026-08-25

$68M
Total assets Below avg plan size
249
Participants Below avg headcount
88th
Percentile by assets National rank
$273,274
Avg per participant High balance/head
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Official DOL plan name: Tib Employee Savings Plan · Sponsored by Independent Bankers Financial Corporation · Texas · Management of Enterprises

$68M in assets, 249 participants

Independent Bankers Financial Corporation's Tib Employee Savings Plan reported $68M in total assets and 249 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #816 in Management of Enterprises (1,137 peers)

Coverage in Texas

Tib Employee Savings Plan covers 249 participants in Texas, about 36% of the average Texas filer (state average ~688 per filing). Assets: $68M.

#816
in Management of Enterprises (1,137 peers)
+12.7%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Tib Employee Savings Plan's outsized position by total assets

Tib Employee Savings Plan vs every filed plan by assets

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

$68,045,237 Top 12% higher than 88% 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

Tib Employee Savings Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Tib Employee Savings Plan sits mid-pack in the medium band (249 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Tib Employee Savings Plan reported net income rose from -$18M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Tib Employee Savings Plan end-of-year assets rose from $60M in the plan year 2022 filing to $68M in the plan year 2023 filing.
  • Tib Employee Savings Plan reported participants fell from 272 in the plan year 2022 filing to 249 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 751892487 · Independent Bankers Financial Corporation PY 2023 · 401(k)

Tib Employee Savings Plan · $68M · 249 · 88th

  • ASSETS $68M
  • PCT 249
  • EIN 88th
  • RANK 401(k)
  • PHOTO near The 401(k) Plan
  • IND ind #816

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 Management of Enterprises retirement plans → · Plans in Texas →

Tib Employee Savings Plan in the asset neighbourhood

Tib Employee Savings Plan$68MThe 401(k) Plan$68MZen-Noh Grain Corporation Retirement Savings PlanZen-Noh Grain Corporation Re…$68MBettcher Industries, Inc. 401(k) Retirement Savings PlanBettcher Industries, Inc. 40…$68MBassett Furniture Ind. Inc. 401(k) PlanBassett Furniture Ind. Inc. …$68M
End-of-year total assets ($M) among Tib Employee Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$60M
Net Assets (End of Year)$68M
Net Income$8M
Employer EIN751892487
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Independent Bankers Financial Corporation)

Sponsor-wide plan assets over time

All Independent Bankers Financial Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$77M 26.7003892095523% vs 2022
2024 filing year
$55M$60M$65M$70M$75M$80M 202220232024 $60.4M $76.5M ▲ +26.7%
Year Plans Participants Total Assets
2022 1 272 $60M
2023 1 249 $68M
2024 1 236 $77M

Nearby 401(k) Plans in Texas

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

Tib Employee Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Tib Employee Savings Plan, Total assets ($B): 0.068045237 · Participants: 249Tib Employee Savings PlanAT&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
Tib Employee Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Tib Employee Savings Plan side-by-side with 3 peers →

Tib Employee Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is The 401(k) Plan in NY ($68M); by covered participants it is Millennium Rehab & Consulting Group, Inc. 401(k) Plan in IA (249 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($68M here).

Similar participant headcount

Nearest other-state filings by covered participants (249 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 Tib Employee Savings Plan assets move in 2023? ▼
Tib Employee Savings Plan grew at a solid clip - up 12.7% during 2023, from $60M to $68M. Reported net income was $8M.
How have Independent Bankers Financial Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Independent Bankers Financial Corporation's sponsor-wide assets grew 26.7%, from $60M to $77M.
Where does Tib Employee Savings Plan rank by assets among Form 5500 filers? ▼
Tib Employee Savings Plan ranks in the 88th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Tib Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is The 401(k) Plan in NY ($68M, 836 participants).
Which 401(k) plans cover a similar participant headcount to Tib Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Millennium Rehab & Consulting Group, Inc. 401(k) Plan in IA (249 participants, N/A 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 751892487.

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.