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Original filing (PDF)20250823073620NAL0002957667001
INDEPENDENT BANK
Form 5500
FILING_RECEIVED
INDEPENDENT FINANCIAL 401(K) PROFIT SHARING PLAN
401(k) retirement plan
Active participants
1,404
Accounts w/ balance
1,671
Plan assets (EOY)
$143.0M
Net assets (EOY)
$143.0M
How this plan invests
This plan
2 pooled trusts
Schedule D
30 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
100
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
100
Vendor stack
100
Participation health
100
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for INDEPENDENT BANK.
Plan sponsor
Name
INDEPENDENT BANK
DBA
INDEPENDENT FINANCIAL
EIN
75-2694563
Address
7777 HENNEMAN WAY · MCKINNEY, TX · 75070
Phone
(972) 562-9004
Industry
Commercial Banking· Finance & Insurancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-08-23
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2S · Automatic enrollment
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
RSM US LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | 04-2647786 | — | RECORDKEEPER | $87K | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| UBS FINANCIAL SERVICES INC | 13-2638166 | — | INVESTMENT ADVISOR | $59K | — |
Investments
28 direct securities · 2 pooled funds· $141.3M(99% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Uncategorized
$120.0M
26 holdings
Common Collective Trust
$12.9M
2 holdings
Common Stocks
$7.2M
1 holding
Mutual Funds
$1.1M
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Fidelity Investments Fidelity 500 Index Fund | — | — | — | $15.8M | 11.0% | |
| The American Funds American Funds 2030 Target Date Retirement Fund® Class R-6 | — | — | — | $15.8M | 11.0% | |
| The American Funds American Funds 2040 Target Date Retirement Fund® Class R-6 | — | — | — | $15.7M | 11.0% | |
| The American Funds American Funds 2035 Target Date Retirement Fund® Class R-6 | — | — | — | $11.8M | 8.2% | |
| The American Funds American Funds 2050 Target Date Retirement Fund® Class R-6 | — | — | — | $10.1M | 7.0% | |
| The American Funds American Funds 2045 Target Date Retirement Fund® Class R-6 | — | — | — | $9.7M | 6.8% | |
| The American Funds American Funds 2025 Target Date Retirement Fund® Class R-6 | — | — | — | $9.5M | 6.7% | |
| The American Funds American Funds 2055 Target Date Retirement Fund® Class R-6 | — | — | — | $7.7M | 5.4% | |
| LARGE CAP GRTH II R1 GREAT GRAY TRUST COMPANY · EIN 38-4139848 / PN 626 | Common Collective Trust | — | — | $7.6M | 5.3% | |
| * Independent Bank Group, Inc. Independent Bank Group, Inc. Common Stock | Common Stocks | — | — | $7.2M | 5.1% | |
| INVESCO STBL VAL III INVESCO TRUST COMPANY · EIN 84-1142974 / PN 001 | Common Collective Trust | — | — | $5.4M | 3.7% | |
| The American Funds American Funds 2060 Target Date Retirement Fund® Class R-6 | — | — | — | $4.7M | 3.3% | |
| The American Funds American Funds 2020 Target Date Retirement Fund® Class R-6 | — | — | — | $3.6M | 2.6% | |
| Eagle Financial Services, Inc. Carillon Eagle Mid Cap Growth R6 Fund | — | — | — | $2.6M | 1.8% | |
| Franklin Templeton Investments Franklin Small Cap Value R6 Fund | — | — | — | $2.3M | 1.6% | |
| The American Funds American Funds 2065 Target Date Retirement Fund® Class R-6 | — | — | — | $1.8M | 1.3% | |
| MFS Investment Management MFS Value R6 Fund | — | — | — | $1.7M | 1.2% | |
| MFS Investment Management MFS International Diversification R6 Fund | — | — | — | $1.3M | 0.9% | |
| The American Funds American Funds New World R6 Fund | Mutual Funds | — | — | $1.1M | 0.8% | |
| Fidelity Investments Fidelity Mid Cap Index Fund | — | — | — | $1.0M | 0.7% | |
| Fidelity Investments Fidelity Small Cap Index Fund | — | — | — | $966K | 0.7% | |
| Fidelity Investments Fidelity US Bond Index Fund | — | — | — | $832K | 0.6% | |
| Natixis Funds Loomis Sayles Investment Grade Bond Fund Class N | — | — | — | $739K | 0.5% | |
| Dimensional Fund Advisors DFA Inflation-Protected Securities Portfolio Institutional Class | — | — | — | $718K | 0.5% | |
| Fidelity Investments Fidelity International Index Fund | — | — | — | $562K | 0.4% | |
| The American Funds American Funds 2015 Target Date Retirement Fund® Class R-6 | — | — | — | $480K | 0.3% | |
| Legg Mason BrandywineGLOBAL Global Opportunities Bond IS Fund | — | — | — | $312K | 0.2% | |
| The American Funds American Funds 2010 Target Date Retirement Fund® Class R-6 | — | — | — | $224K | 0.2% | |
| Money market fund * Fidelity Investments Fidelity Government Money Market Fund | — | — | — | $19K | <0.1% | |
| Fidelity Investments Fidelity Cash Reserves | — | — | — | $1K | <0.1% |