401(k) · DOL Form 5500 · 2024

Woodforest Financial Group, Inc. 401(k) Plan

Data updated 2026-08-06

$499M
Total assets: 4,504
Participants: 97th
Percentile by assets: $110,692
Avg per participant

Official DOL plan name: Woodforest Financial Group, Inc. Employee Stock Ownership Plan · Sponsored by Woodforest Financial Group, Inc. · Texas · Management of Enterprises

$499M in assets, 4,504 participants

Woodforest Financial Group, Inc.'s Woodforest Financial Group, Inc. Employee Stock Ownership Plan reported $499M in total assets and 4,504 participants in its 2024 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.

97th percentile by assets (of 116,472 plans)
#993 in Management of Enterprises (1,094 peers)

Coverage in Texas

Woodforest Financial Group, Inc. Employee Stock Ownership Plan covers 4,504 participants in Texas, 6.4x the typical Texas plan (state average ~704 per filing). Assets: $499M.

$499M
total plan assets (2024 EOY): 4,504
covered participants: 97th
percentile by assets (of 116,472 plans): $110,692
avg assets per participant

The plan reported a net loss of $7M 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 reported net income fell from -$360K in the plan year 2023 filing to -$7M in the plan year 2024 filing.
Woodforest Financial Group, Inc. Employee Stock Ownership Plan reported participants rose from 3,476 in the plan year 2023 filing to 4,504 in the plan year 2024 filing.
Woodforest Financial Group, Inc. Employee Stock Ownership Plan end-of-year assets fell from $505M in the plan year 2023 filing to $499M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Texas

Industry

Management of Enterprises

Participants vs Texas filers

In Texas, the average filing covers about 704 participants across 9,718 plans. Woodforest Financial Group, Inc. Employee Stock Ownership Plan reports 4,504 participants - 6.4x that state average ($499M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)	$505M
Net Assets (End of Year)	$499M
Net Income	-$7M
Employer EIN	760163373
Plan Effective Date	1981-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Woodforest Financial Group, Inc.)

Total plan assets by year, all Woodforest Financial Group, Inc. plans on file

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.

Woodforest Financial Group, Inc. Employee Stock Ownership Plan vs. nearby 401(k) plans in Texas, assets vs. participants

AT&T Retirement Savings Plan $43.1B · 109,889
Exxonmobil Savings Plan $23.7B · 21,990
Chevron Employee Savings Investment Plan $20.4B · 21,505
Caterpillar 401(k) Savings Plan $18.8B · 43,873
Southwest Airlines Co. Retirement Savings Plan $17.0B · 67,820

Compare Woodforest Financial Group, Inc. Employe… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Woodforest Financial Group, Inc. Employee Stock Ownership Plan by total assets, not by location.

Vermeer Corporation 401(k) Retirement Plan (IA) $499M · 4,118
Savings Plan of Pjm Interconnection, L.L.C. (PA) $498M · 833
Momentive Performance Materials Savings Plan (NY) $498M · 1,486
The F.W. Webb Company Savings & Profit Sharing Plan (MA) $499M · 3,296

Frequently Asked Questions

How did Woodforest Financial Group, Inc. Employee Stock Ownership Plan assets move in 2024? ▼

Woodforest Financial Group, Inc. Employee Stock Ownership Plan edged down modestly - down 1.4% during 2024, from $505M to $499M. Reported net income was -$7M.

How have Woodforest Financial Group, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Woodforest Financial Group, Inc.'s sponsor-wide assets declined 1.4%, from $506M to $499M.

Where does Woodforest Financial Group, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

Woodforest Financial Group, Inc. Employee Stock Ownership Plan ranks in the 97th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).

Which 401(k) plans are similar in size to Woodforest Financial Group, Inc. Employee Stock Ownership Plan? ▼

Among 401(k) plans in other states, the closest by assets is Vermeer Corporation 401(k) Retirement Plan in IA ($499M, 4,118 participants).

Next read for Woodforest Financial Group, Inc. Employe…

Filing takeaways

Ways to act on Woodforest Financial Group, Inc. Employee Stock Ownership Plan's numbers.

By total assets, Woodforest Financial Group, Inc. Employee Stock Ownership Plan ranks in the top 5% 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
Woodforest Financial Group, Inc.'s sponsor-wide assets have declined 1.4% since 2022 across 3 plan years on file. More Management of Enterprises plans

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 760163373.