401(k) · DOL Form 5500 · 2023

Texas Independent Bancshares 401(k) Plan

Data updated 2026-08-11

$73M
Total assets: 282
Participants: 89th
Percentile by assets: $259,676
Avg per participant

Official DOL plan name: Texas Independent Bancshares, Inc. 401(k) Employee Stock Ownership Plan · Sponsored by Texas Independent Bancshares · Texas · Finance & Insurance

$73M in assets, 282 participants

Texas Independent Bancshares's Texas Independent Bancshares, Inc. 401(k) Employee Stock Ownership Plan reported $73M in total assets and 282 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

89th percentile by assets (of 127,072 plans)
#7,356 in Finance & Insurance (8,869 peers)

Coverage in Texas

Texas Independent Bancshares, Inc. 401(k) Employee Stock Ownership Plan covers 282 participants in Texas, about 41% of the average Texas filer (state average ~688 per filing). Assets: $73M.

$73M
total plan assets (2023 EOY): 282
covered participants: 89th
percentile by assets (of 127,072 plans): $259,676
avg assets per participant

Where Texas Independent Bancshares, Inc. 401(k) Employee Stock Ownership Plan sits by total assets

Texas Independent Bancshares, Inc. 401(k) Employee Stock Ownership Plan vs every filed plan by assets

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

$73,228,743 Top 11% higher than 89% of 127,068 filed plans

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

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

Texas Independent Bancshares, Inc. 401(k) Employee Stock Ownership Plan reported net income rose from $437K in the plan year 2022 filing to $5M in the plan year 2023 filing.
Texas Independent Bancshares, Inc. 401(k) Employee Stock Ownership Plan end-of-year assets rose from $69M in the plan year 2022 filing to $73M in the plan year 2023 filing.
Texas Independent Bancshares, Inc. 401(k) Employee Stock Ownership Plan reported participants rose from 269 in the plan year 2022 filing to 282 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Texas

Industry

Finance & Insurance

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Texas Independent Bancshares, Inc. 401(k) Employee Stock Ownership Plan reports 282 participants - about 41% of that state average ($73M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)	$69M
Net Assets (End of Year)	$73M
Net Income	$5M
Employer EIN	742022764
Plan Effective Date	1989-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Texas Independent Bancshares)

Total plan assets by year, all Texas Independent Bancshares plans on file

Year	Plans	Participants	Total Assets
2022	1	269	$69M
2023	1	282	$73M
2024	1	293	$79M

Nearby 401(k) Plans in Texas

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

Texas Independent Bancshares, Inc. 401(k) Employee Stock Ownership Plan vs. nearby 401(k) plans in Texas, assets vs. participants

AT&T Retirement Savings Plan $40.0B · 119,854
Exxonmobil Savings Plan $21.9B · 23,477
Caterpillar 401(k) Savings Plan $16.5B · 41,679
American Airlines, Inc. 401(k) Plan $14.7B · 88,792
Dell Inc. 401(k) Plan $13.5B · 45,686

Compare Texas Independent Bancshares, Inc. 401(k… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Texas Independent Bancshares, Inc. 401(k) Employee Stock Ownership Plan by total assets, not by location.

Neapco Holdings, LLC 401(k) Retirement Savings Plan (MI) $73M · 991
American Orthodontics Corporation Employees' Wage Investment Plan (WI) $73M · 783
The International Brotherhood of Electrical Workers Local 7 Annuity Plan (CT) $73M · 803
Marborg Industries 401(k) Plan (CA) $73M · 357

Frequently Asked Questions

How did Texas Independent Bancshares, Inc. 401(k) Employee Stock Ownership Plan assets move in 2023? ▼

Texas Independent Bancshares, Inc. 401(k) Employee Stock Ownership Plan grew at a solid clip - up 6.9% during 2023, from $69M to $73M. Reported net income was $5M.

How have Texas Independent Bancshares plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Texas Independent Bancshares's sponsor-wide assets grew 15.3%, from $69M to $79M.

Where does Texas Independent Bancshares, Inc. 401(k) Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

Texas Independent Bancshares, Inc. 401(k) Employee Stock Ownership Plan ranks in the 89th 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 Texas Independent Bancshares, Inc. 401(k) Employee Stock Ownership Plan? ▼

Among 401(k) plans in other states, the closest by assets is Neapco Holdings, LLC 401(k) Retirement Savings Plan in MI ($73M, 991 participants).

Next read for Texas Independent Bancshares, Inc. 401(k…

Filing takeaways

Ways to act on Texas Independent Bancshares, Inc. 401(k) Employee Stock Ownership Plan's numbers.

By total assets, Texas Independent Bancshares, Inc. 401(k) Employee Stock Ownership Plan ranks in the top quartile 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
Texas Independent Bancshares's sponsor-wide assets have grown 15.3% 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 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 742022764.