Overview

Plan Rating

BrightScope Rating
77
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (47)
Average in Peer Group (78)
Highest in Peer Group (91)

Plan Description

Westex Bancorp, Inc. Pre-Tax Savings and Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 77. This plan is in the top 15% of plans for Account Balances and Company Generosity. Westex Bancorp, Inc. Pre-Tax Savings and Profit Sharing Plan currently has over 100 active participants and over $14.2M in plan assets.

Did you know?

For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (77) and the top rated plan (91) could equate to:
10
Additional years of work
19,219
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address Po Box 4010
  • Location
    Del Rio , TX
  • 78841
  • Industry
    Offices of Bank Holding Companies
  • Administrator
    Arturo De La Garza Jr
  • Net Plan Assets
    $14,200,000
  • Total Participants
    140
  • Avg Account Balance
    $110,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Average Fees
Company Generosity:
Great

Performance

Participation Rate:
Above Average
Salary Deferrals:
Above Average
Account Balance:
Great

Design

Total Plan Cost:
Average Fees
Company Generosity:
Above Average

Performance

Participation Rate:
Average
Salary Deferrals:
Average
Account Balance:
Above Average

Peer Group Plans

Company Rating
CH Holdings USA 83.2
Baker Boyer Bancorp 80.2
Conwed Plastics, LLC 70.8
Hughes Group 68.9
Banterra 68.6
Great Southern Bancorp 68.1

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

27

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
American Funds Growth Fund of America 17%
84%
Fidelity Advisor Freedom 12%
38%
BNY Mellon S&P 500 Index 12%
68%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Recordkeeper
Fidelity
Auditor
Fisher, Herbst & Kemble P.C.

Articles and Questions

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