Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › International Bancshares
International Bancshares 401(k)
- IBOC Nasdaq
- Management of companies and enterprises
- Laredo, TX
- EIN 74-2157138
- 1 plan with Schedule H financials
- Plan year 2024
- International Bancshares Corporation
- SEC registrant International Bancshares Corp
Total assets, end of year · International Bancshares Corporation Employees Profit Sharing Plan and Trust · plan year 2024
$108,010,689
1,757 participants with a balance. This filing reports no recordkeeping fee and no administrative expenses excluding investment management, so there is no headline cost figure.
Source
Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251010144805NAL0004345571001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010144805NAL0004345571001, received 2025-10-10
Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-10.
Cost and contributions
Administrative expenses excluding investment management, per participant
$0.00
Fewer than 50 comparable plans report this figure; no percentile.
Source
= $0 / 1,757
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251010144805NAL0004345571001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010144805NAL0004345571001, received 2025-10-10
Administrative expenses per participant
$0.00
Fewer than 50 comparable plans report this figure; no percentile.
Source
= $0 / 1,757
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010144805NAL0004345571001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010144805NAL0004345571001, received 2025-10-10
Administrative expenses as a share of assets
0.000%
Fewer than 50 comparable plans report this figure; no percentile.
Source
= $0 / $108,010,689
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010144805NAL0004345571001, received 2025-10-10
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251010144805NAL0004345571001, received 2025-10-10
Employer contributions per participant
$2,538
Higher than 46% of the 9,105 plans $50 to 250M that report it.
Source
= $4,460,000 / 1,757
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010144805NAL0004345571001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010144805NAL0004345571001, received 2025-10-10
Employer share of total contributions
60.0%
Higher than 96% of the 9,112 plans $50 to 250M that report it.
Source
= $4,460,000 / $7,427,307
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010144805NAL0004345571001, received 2025-10-10
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251010144805NAL0004345571001, received 2025-10-10
Plan terms, as stated in International Bancshares Corporation's SEC filings
Plan terms are described in International Bancshares Corporation's SEC filings: Form 10-K filed 2026-02-26. No term could be quoted from them with the required precision.
Plan features
2E profit-sharing · 2J 401(k) feature · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251010144805NAL0004345571001, received 2025-10-10
Full record, International Bancshares Corporation Employees Profit Sharing Plan and Trust
| Field | Value | Source |
|---|---|---|
| Plan sponsor | INTERNATIONAL BANCSHARES CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251010144805NAL0004345571001, received 2025-10-10 |
| Plan name | INTERNATIONAL BANCSHARES CORPORATION EMPLOYEES PROFIT SHARING PLAN AND TRUST | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251010144805NAL0004345571001, received 2025-10-10 |
| Sponsor EIN / plan number | 74-2157138 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251010144805NAL0004345571001, received 2025-10-10 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251010144805NAL0004345571001, received 2025-10-10 |
| Sponsor location | LAREDO, TX | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251010144805NAL0004345571001, received 2025-10-10 |
| Industry (business code) | 551111, Management of companies and enterprises | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251010144805NAL0004345571001, received 2025-10-10 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251010144805NAL0004345571001, received 2025-10-10 |
| Filing received | 2025-10-10 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251010144805NAL0004345571001, received 2025-10-10 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251010144805NAL0004345571001, received 2025-10-10 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251010144805NAL0004345571001, received 2025-10-10 |
| Participants, beginning of year | 2,283 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251010144805NAL0004345571001, received 2025-10-10 |
| Active participants | 1,757 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251010144805NAL0004345571001, received 2025-10-10 |
| Participants, end of year | 2,024 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251010144805NAL0004345571001, received 2025-10-10 |
| Participants with an account balance | 1,757 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010144805NAL0004345571001, received 2025-10-10 |
| Total assets, beginning of year | $100,571,313 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251010144805NAL0004345571001, received 2025-10-10 |
| Total assets, end of year | $108,010,689 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251010144805NAL0004345571001, received 2025-10-10 |
| Net assets, end of year | $107,927,003 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251010144805NAL0004345571001, received 2025-10-10 |
| Total income | $14,434,049 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251010144805NAL0004345571001, received 2025-10-10 |
| Net income | $7,370,026 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251010144805NAL0004345571001, received 2025-10-10 |
| Employer contributions | $4,460,000 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010144805NAL0004345571001, received 2025-10-10 |
| Participant contributions | $2,967,307 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251010144805NAL0004345571001, received 2025-10-10 |
| Total contributions | $7,427,307 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251010144805NAL0004345571001, received 2025-10-10 |
| Benefit payments | $7,064,023 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251010144805NAL0004345571001, received 2025-10-10 |
| Total expenses (incl. benefit payments) | $7,064,023 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251010144805NAL0004345571001, received 2025-10-10 |
| Total administrative expenses | $0 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010144805NAL0004345571001, received 2025-10-10 |
| Administrative expenses excluding investment management | $0 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251010144805NAL0004345571001, received 2025-10-10 |
| Independent auditor | FORVIS MAZARS, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251010144805NAL0004345571001, received 2025-10-10 |
Position = column in the DOL layout for form year 2024. Filing 20251010144805NAL0004345571001, received 2025-10-10.
Service providers paid directly by the plan
No Schedule C line 2 providers are listed on this filing.
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251010144805NAL0004345571001, received 2025-10-10.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $100,571,313 | $108,010,689 | 7.4% |
| Participants with a balance | 1,605 | 1,757 | 9.5% |
| Administrative expenses | $0 | $0 | |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $4,011,000 | $4,460,000 | 11.2% |
Prior filing 20241011152812NAL0012705171001, received 2024-10-11; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: INTERNATIONAL BANCSHARES CORPORATION; SEC registrant: INTERNATIONAL BANCSHARES CORP (CIK 315709, matched by EIN; display name from the Form 10-K cover).