Olney Bancshares Of Texas, Inc. 401(k) Plan: Login, Facts & Contact Information

Olney Bancshares Of Texas, Inc. 401(k) Plan Facts

Plan name
OLNEY BANCSHARES OF TEXAS, INC. EMPLOYEES 401(K) RETIREMENT PLAN AND TRUST
Plan type
401(k) and profit sharing
Plan sponsor
OLNEY BANCSHARES OF TEXAS, INC.
Participants
621 (524 active employees)
Former employees with a balance
79
Plan assets
$49,034,372 at Dec 31, 2024
Average account balance
$91,825 across 534 accounts
Employer contributions
$2,568,306 in plan year 2024 (52% of all contributions)
Recordkeeper
Empower Annuity Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1994
— Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 23, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $4.94 million went into the plan in contributions, $2.57 million of it from the employer (52%).
  • $5.08 million was paid out to participants.
  • Investment and other income added $5.11 million.
  • Administrative expenses were $150,038, about $281 per account.

How the Olney Bancshares Of Texas, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019561$33.6 million$1.41 million$1.14 million
2020565$36.5 million$808,173$3.54 million
2021584$41.3 million$633,711$3.04 million
2022602$36.9 million$2.85 million$3.52 million
2023603$44.3 million$2.06 million$3.00 million
2024621$49.0 million$2.57 million$5.08 million

Olney Bancshares Of Texas, Inc. 401(k) Contact Information

Phone
405-358-7709
Mailing address
307 W MAIN STREET, OLNEY TX 76374
Plan sponsor
OLNEY BANCSHARES OF TEXAS, INC.
Employer identification number (EIN)
75-2534536
Plan number
001

Questions about the Olney Bancshares Of Texas, Inc. 401(k)

Does Olney Bancshares Of Texas, Inc contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $2.57 million in employer contributions for plan year 2024.

Does the Olney Bancshares Of Texas, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Olney Bancshares Of Texas, Inc 401(k) plan?

621 participants at the start of plan year 2024, 524 of them active employees, and 79 former employees who still had money in the plan.

What is the average 401(k) balance at Olney Bancshares Of Texas, Inc?

About $91,825 per account: $49.0 million in plan assets across 534 accounts with a balance at the end of plan year 2024.

Who manages the Olney Bancshares Of Texas, Inc 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Olney Bancshares Of Texas, Inc. How do I access my 401(k)?

Your account stays with Empower after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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