Woodforest Financial Group, Inc. 401(k) Plan: Login, Facts & Contact Information

Woodforest Financial Group, Inc. 401(k) Plan Facts

Plan name
WOODFOREST FINANCIAL GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN
Plan type
401(k) with employer contributions and profit sharing with a company-stock (ESOP) component
Plan sponsor
WOODFOREST FINANCIAL GROUP, INC.
Participants
5,199 (4,374 active employees)
Former employees with a balance
681
Plan assets
$498,556,438 at Dec 31, 2024
Average account balance
$119,101 across 4,186 accounts
Employer contributions
$4,424,464 in plan year 2024 (21% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1981
✓ 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 Oct 13, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $21.3 million went into the plan in contributions, $4.42 million of it from the employer (21%).
  • $41.0 million was paid out to participants.
  • Investment and other income added $13.2 million.
  • Administrative expenses were $362,971, about $87 per account.

How the Woodforest Financial Group, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20194,411$393.9 million$2.87 million$31.2 million
20204,735$404.5 million$4.35 million$25.6 million
20214,449$520.3 million$4.48 million$32.4 million
20223,978$505.8 million$4.41 million$47.3 million
20234,052$505.5 million$1.18 million$62.9 million
20245,199$498.6 million$4.42 million$41.0 million

Woodforest Financial Group, Inc. 401(k) Contact Information

Phone
832-375-2651
Mailing address
1330 LAKE ROBBINS SUITE 100, THE WOODLANDS TX 773803267
Plan sponsor
WOODFOREST FINANCIAL GROUP, INC.
Employer identification number (EIN)
76-0163373
Plan number
001

Questions about the Woodforest Financial Group, Inc. 401(k)

Does Woodforest Financial Group, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $4.42 million, 21% of all contributions.

Does the Woodforest Financial Group, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Woodforest Financial Group, Inc 401(k) plan?

5,199 participants at the start of plan year 2024, 4,374 of them active employees, and 681 former employees who still had money in the plan.

What is the average 401(k) balance at Woodforest Financial Group, Inc?

About $119,101 per account: $498.6 million in plan assets across 4,186 accounts with a balance at the end of plan year 2024.

Who manages the Woodforest Financial Group, Inc 401(k) accounts?

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

I no longer work at Woodforest Financial Group, Inc. How do I access my 401(k)?

Your account stays with Principal 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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