401(k) · DOL Form 5500 · 2024

Third Coast Bank 401(k) Plan

Data updated 2026-08-11

$31M
Total assets
365
Participants
78th
Percentile by assets
$85,994
Avg per participant
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Official DOL plan name: Third Coast Bank 401(k) and Employee Stock Ownership Plan · Sponsored by Third Coast Bank · Texas · Finance & Insurance

$31M in assets, 365 participants

Third Coast Bank's Third Coast Bank 401(k) and Employee Stock Ownership Plan reported $31M in total assets and 365 participants in its 2024 DOL Form 5500 filing, ranking in the 78th 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.

  • 78th percentile by assets (of 123,622 plans)
  • #5,618 in Finance & Insurance (8,549 peers)

Where Third Coast Bank 401(k) and Employee Stock Ownership Plan sits by assets

Third Coast Bank 401(k) and Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $31M for 365 participants (~$85,994/participant), up 30.8% in 2024.

$31M
total plan assets (2024 EOY)
365
covered participants
78th
percentile by assets (of 123,622 plans)
$85,994
avg assets per participant

Where Third Coast Bank 401(k) and Employee Stock Ownership Plan sits by total assets

Third Coast Bank 401(k) and Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$31,387,981 Top 22% higher than 78% of 123,620 filed plans

This plan $0 $2,010,000,000 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 2024

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Third Coast Bank 401(k) and Employee Stock Ownership Plan end-of-year assets rose from $24M in the plan year 2023 filing to $31M in the plan year 2024 filing.
  • Third Coast Bank 401(k) and Employee Stock Ownership Plan reported net income fell from $8M in the plan year 2023 filing to $7M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Texas
Industry
Finance & Insurance

Third Coast Bank 401(k) and Employee Stock Ownership Plan vs the 2024 asset distribution

By assets, Third Coast Bank 401(k) and Employee Stock Ownership Plan outranks 78% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$31M
Net Income$7M
Employer EIN262027557
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Third Coast Bank)

$10M$15M$20M$25M$30M$35M 202220232024 $15.7M $31.4M ▲ +99.7%
Total plan assets by year, all Third Coast Bank plans on file
Year Plans Participants Total Assets
2022 2 660 $16M
2023 1 368 $24M
2024 1 365 $31M

Nearby 401(k) Plans in Texas

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

Third Coast Bank 401(k) and Employee Stock Ownership Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Third Coast Bank 401…, Total assets ($B): 0.031387981 · Participants: 365Third Coast Bank 401…AT&T Retirement Savi…, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savi…Exxonmobil Savings P…, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings P…Chevron Employee Sav…, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Sav…Caterpillar 401(k) S…, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) S…Southwest Airlines C…, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines C…
Third Coast Bank 401(k) and Employee Stock Ownership Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Third Coast Bank 401(k) and Employee Sto… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Third Coast Bank 401(k) and Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Third Coast Bank 401(k) and Employee Stock Ownership Plan assets move in 2024? ▼
Third Coast Bank 401(k) and Employee Stock Ownership Plan surged - up 30.8% during 2024, from $24M to $31M. Reported net income was $7M.
How have Third Coast Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Third Coast Bank's sponsor-wide assets grew 99.7%, from $16M to $31M.
Where does Third Coast Bank 401(k) and Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Third Coast Bank 401(k) and Employee Stock Ownership Plan ranks in the 78th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Third Coast Bank 401(k) and Employee Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sarasota Emergency Associates, PA 401(k) Profit Sharing Plan in FL ($31M, 172 participants).

Next read for Third Coast Bank 401(k) and Employee Sto…

Scale reading

Ways to act on Third Coast Bank 401(k) and Employee Stock Ownership Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 262027557.

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.