401(k) · DOL Form 5500 · 2023
Woodforest Financial Group, Inc. 401(k) Plan
Data updated 2026-08-25
- $505M
- Total assets Above avg plan size
- 3,476
- Participants Above avg headcount
- 97th
- Percentile by assets National rank
- $145,420
- Avg per participant Above avg balance/head
Official DOL plan name: Woodforest Financial Group, Inc. Employee Stock Ownership Plan · Sponsored by Woodforest Financial Group, Inc. · Texas · Management of Enterprises
$505M in assets, 3,476 participants
Woodforest Financial Group, Inc.'s Woodforest Financial Group, Inc. Employee Stock Ownership Plan reported $505M in total assets and 3,476 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.
- #1,028 in Management of Enterprises (1,137 peers)
Coverage in Texas
Woodforest Financial Group, Inc. Employee Stock Ownership Plan covers 3,476 participants in Texas, 5.1x the typical Texas plan (state average ~688 per filing). Assets: $505M.
- #1,028
- in Management of Enterprises (1,137 peers)
- -0.1%
- assets change YoY
- 5.1×
- vs typical plan assets (national mean)
The plan reported a net loss of $360K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Woodforest Financial Group, Inc. Employee Stock Ownership Plan's outsized position by total assets
Woodforest Financial Group, Inc. Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$505,479,647 Top 3% higher than 97% 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
Woodforest Financial Group, Inc. Employee Stock Ownership Plan'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. Woodforest Financial Group, Inc. Employee Stock Ownership Plan lands in the large band (3,476 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Woodforest Financial Group, Inc. Employee Stock Ownership Plan reported net income rose from -$14M in the plan year 2022 filing to -$360K in the plan year 2023 filing.
- Woodforest Financial Group, Inc. Employee Stock Ownership Plan reported participants rose from 3,408 in the plan year 2022 filing to 3,476 in the plan year 2023 filing.
- Woodforest Financial Group, Inc. Employee Stock Ownership Plan end-of-year assets fell from $506M in the plan year 2022 filing to $505M in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 760163373 · Woodforest Financial Group, Inc. PY 2023 · 401(k)
Woodforest Financial Group, Inc. Employee Stock Ownership Plan · $505M · 3,476 · 97th
- VS-ST $505M
- VS-ST 3,476
- VS-ST 97th
- VS-ST 401(k)
- VS-ST near Twilio 401(k) Plan
- VS-ST ind #1028
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 →
Woodforest Financial Group, Inc. Employee Stock Ownership Plan in the asset neighbourhood
Texas filing particulars
| Total Assets (Beginning of Year) | $506M |
|---|---|
| Net Assets (End of Year) | $505M |
| Net Income | -$360K |
| Employer EIN | 760163373 |
| Plan Effective Date | 1981-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Woodforest Financial Group, Inc.)
Sponsor-wide plan assets over time
All Woodforest Financial Group, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $499M 1.4397958416430015% vs 2022
- 2024 filing year
| 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.
- 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
Woodforest Financial Group, Inc. Employee Stock Ownership Plan's out-of-state 401(k) peers by assets and headcount
Outside Texas, the nearest 401(k) by assets is Twilio 401(k) Plan in CA ($505M); by covered participants it is Springfield Clinic, LLP 401(k) Ees' Benefit and Retirement Plan in IL (3,476 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($505M here).
- Twilio 401(k) Plan (CA) $505M · 4,684
- Ovintiv U.S. Retirement Plan (CO) $506M · 1,008
- Cargill Investment Plan (MN) $505M · 10,739
- Fulton Financial Corporation 401(k) Retirement Plan (PA) $505M · 3,362
Similar participant headcount
Nearest other-state filings by covered participants (3,476 participants); asset peers above are excluded.
- Springfield Clinic, LLP 401(k) Ees' Benefit and Retirement Plan (IL) 3,476 · 0 off
- Doosan 401(k) Plan (ND) 3,476 · 0 off
- Boise Cascade Company Savings Plan (ID) 3,476 · 0 off
- Johnson Brothers 401(k) Plan (MN) 3,477 · 1 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.