401(k) · DOL Form 5500 · 2024

Texas Gulf Bancshares, Inc. 401(k) Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
113
Participants Small participant base
76th
Percentile by assets National rank
$246,603
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Texas Gulf Bancshares, Inc. Employee Savings Plan · Sponsored by Texas Gulf Bancshares, Inc. · Texas · Finance & Insurance

$28M in assets, 113 participants

Texas Gulf Bancshares, Inc.'s Texas Gulf Bancshares, Inc. Employee Savings Plan reported $28M in total assets and 113 participants in its 2024 DOL Form 5500 filing, ranking in the 76th 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.

  • #5,393 in Finance & Insurance (8,549 peers)

Coverage in Texas

Texas Gulf Bancshares, Inc. Employee Savings Plan covers 113 participants in Texas, about 16% of the average Texas filer (state average ~688 per filing). Assets: $28M.

#5,393
in Finance & Insurance (8,549 peers)
+11.6%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Texas Gulf Bancshares, Inc. Employee Savings Plan's outsized position by total assets

Texas Gulf Bancshares, Inc. Employee Savings Plan vs every filed plan by assets

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

$27,866,140 Top 24% higher than 76% of 123,620 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 2024

Texas Gulf Bancshares, Inc. Employee Savings Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Texas Gulf Bancshares, Inc. Employee Savings Plan sits mid-pack in the medium band (113 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Texas Gulf Bancshares, Inc. Employee Savings Plan reported net income fell from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Texas Gulf Bancshares, Inc. Employee Savings Plan end-of-year assets rose from $25M in the plan year 2023 filing to $28M in the plan year 2024 filing.
  • Texas Gulf Bancshares, Inc. Employee Savings Plan reported participants fell from 117 in the plan year 2023 filing to 113 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 741774826 · Texas Gulf Bancshares, Inc. PY 2024 · 401(k)

Texas Gulf Bancshares, Inc. Employee Savings Plan · $28M · 113 · 76th

  • SCH $28M
  • SCH 113
  • SCH 76th
  • SCH 401(k)
  • SCH near Nortech Systems 401(k) Profit Sharing Plan
  • SCH ind #5393

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 →

Texas Gulf Bancshares, Inc. Employee Savings Plan in the asset neighbourhood

Texas Gulf Bancshares, Inc. Employee Savings PlanTexas Gulf Bancshares, Inc. …$28MNortech Systems 401(k) Profit Sharing PlanNortech Systems 401(k) Profi…$28MNorthern Bank and Trust Company 401(k) PlanNorthern Bank and Trust Comp…$28MAlliance Compressors, LLC 401(k) PlanAlliance Compressors, LLC 40…$28MThe Collection LLC 401(k) PlanThe Collection LLC 401(k) Pl…$28M
End-of-year total assets ($M) among Texas Gulf Bancshares, Inc. Employee Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Texas filing particulars

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$28M
Net Income$3M
Employer EIN741774826
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Texas Gulf Bancshares, Inc.)

Sponsor-wide plan assets over time

All Texas Gulf Bancshares, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$28M 29.315685121183538% vs 2022
2024 filing year
$20M$22M$24M$26M$28M$30M 202220232024 $21.6M $27.9M ▲ +29.3%
Year Plans Participants Total Assets
2022 1 110 $22M
2023 1 117 $25M
2024 1 113 $28M

Nearby 401(k) Plans in Texas

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

Texas Gulf Bancshares, Inc. Employee Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Texas Gulf Bancshares, Inc. Employee Savings Plan, Total assets ($B): 0.02786614 · Participants: 113Texas Gulf Bancshares, Inc. Employee Savings PlanAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings Plan
Texas Gulf Bancshares, Inc. Employee Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Texas Gulf Bancshares, Inc. Employee Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Nortech Systems 401(k) Profit Sharing Plan in MN ($28M); by covered participants it is John Youngblood Motors Inc. Salary Savings & Profit Sharing Plan in MO (113 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($28M here).

Similar participant headcount

Nearest other-state filings by covered participants (113 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Texas Gulf Bancshares, Inc. Employee Savings Plan assets move in 2024?
Texas Gulf Bancshares, Inc. Employee Savings Plan grew at a solid clip - up 11.6% during 2024, from $25M to $28M. Reported net income was $3M.
How have Texas Gulf Bancshares, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Texas Gulf Bancshares, Inc.'s sponsor-wide assets grew 29.3%, from $22M to $28M.
Where does Texas Gulf Bancshares, Inc. Employee Savings Plan rank by assets among Form 5500 filers?
Texas Gulf Bancshares, Inc. Employee Savings Plan ranks in the 76th 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 Texas Gulf Bancshares, Inc. Employee Savings Plan?
Among 401(k) plans in other states, the closest by assets is Nortech Systems 401(k) Profit Sharing Plan in MN ($28M, 397 participants).
Which 401(k) plans cover a similar participant headcount to Texas Gulf Bancshares, Inc. Employee Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is John Youngblood Motors Inc. Salary Savings & Profit Sharing Plan in MO (113 participants, $918K in assets).