401(k) · DOL Form 5500 · 2023

Veritex Community Bank 401(k) Plan

Data updated 2026-08-25

$66M
Total assets Below avg plan size
770
Participants Near avg headcount
88th
Percentile by assets National rank
$85,338
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Veritex Community Bank 401(k) Plan · Sponsored by Veritex Community Bank · Texas · Finance & Insurance

$66M in assets, 770 participants

Veritex Community Bank's Veritex Community Bank 401(k) Plan reported $66M in total assets and 770 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.

  • #7,245 in Finance & Insurance (8,869 peers)

Where Veritex Community Bank 401(k) Plan sits by assets

Veritex Community Bank 401(k) Plan sits in the top quartile of all filed plans by assets, $66M for 770 participants (~$85,338/participant), up 32.1% in 2023.

#7,245
in Finance & Insurance (8,869 peers)
+32.1%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Veritex Community Bank 401(k) Plan's outsized position by total assets

Veritex Community Bank 401(k) Plan vs every filed plan by assets

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

$65,710,056 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

Veritex Community Bank 401(k) 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. Veritex Community Bank 401(k) Plan sits mid-pack in the medium band (770 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Veritex Community Bank 401(k) Plan reported net income rose from $859K in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Veritex Community Bank 401(k) Plan end-of-year assets rose from $50M in the plan year 2022 filing to $66M in the plan year 2023 filing.
  • Veritex Community Bank 401(k) Plan reported participants rose from 689 in the plan year 2022 filing to 770 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 760752296 · Veritex Community Bank PY 2023 · 401(k)

Veritex Community Bank 401(k) Plan · $66M · 770 · 88th

  • BOY $66M
  • BOY 770
  • BOY 88th
  • BOY 401(k)
  • BOY near Home Federal Bank of Tennessee 401(k) Profit Sharing Plan
  • BOY ind #7245

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 →

Veritex Community Bank 401(k) Plan in the asset neighbourhood

Boulay Retirement Plan and TrustBoulay Retirement Plan and T…$66MVeritex Community Bank 401(k) PlanVeritex Community Bank 401(k…$66MHome Federal Bank of Tennessee 401(k) Profit Sharing PlanHome Federal Bank of Tenness…$66MAdvanced Lighting Technologies 401(k) Retirement and Savings PlanAdvanced Lighting Technologi…$66MSpartan Light Metal Products 401(k) Profit Sharing PlanSpartan Light Metal Products…$66M
End-of-year total assets ($M) among Veritex Community Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$50M
Net Assets (End of Year)$66M
Net Income$16M
Employer EIN760752296
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Veritex Community Bank)

Sponsor-wide plan assets over time

All Veritex Community Bank plans reported in each filing year

Latest sponsor-wide plan assets
$84M 68.96563156298711% vs 2022
2024 filing year
$40M$60M$80M$100M 202220232024 $49.7M $84M ▲ +69.0%
Year Plans Participants Total Assets
2022 1 689 $50M
2023 1 770 $66M
2024 1 821 $84M

Nearby 401(k) Plans in Texas

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

Veritex Community Bank 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Veritex Community Bank 401(k) Plan, Total assets ($B): 0.065710056 · Participants: 770Veritex Community Bank 401(k) 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
Veritex Community Bank 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Veritex Community Bank 401(k) Plan side-by-side with 3 peers →

Veritex Community Bank 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Home Federal Bank of Tennessee 401(k) Profit Sharing Plan in TN ($66M); by covered participants it is Hammond Lumber Company 401(k) Plan in ME (770 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (770 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 Veritex Community Bank 401(k) Plan assets move in 2023? ▼
Veritex Community Bank 401(k) Plan surged - up 32.1% during 2023, from $50M to $66M. Reported net income was $16M.
How have Veritex Community Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Veritex Community Bank's sponsor-wide assets grew 69.0%, from $50M to $84M.
Where does Veritex Community Bank 401(k) Plan rank by assets among Form 5500 filers? ▼
Veritex Community Bank 401(k) 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 Veritex Community Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Home Federal Bank of Tennessee 401(k) Profit Sharing Plan in TN ($66M, 372 participants).
Which 401(k) plans cover a similar participant headcount to Veritex Community Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hammond Lumber Company 401(k) Plan in ME (770 participants, $59M 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 760752296.

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.