1ST Capital Bank401(k)
1ST CAPITAL BANK 401(K) PROFIT SHARING PLAN & TRUST · SALINAS, CA · plan year 2023
Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works
1ST Capital Bank reported $29,611 in plan administrative expenses for 2023: 0.39% of average plan assets, below the peer median. Employer contributions averaged $3,488 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 2 years on file its reported administrative ratio rose from 0.38% to 0.69%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in California (5,884th of 9,483), and 4,128th of 4,798 in finance & insurance. In 2023, employees put in $2.55 for every $1.00 the employer contributed.
1ST Capital Bank's 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
This plan has changed recordkeepers within these filings. If you left 1ST Capital Bank before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).
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Source: U.S. Department of Labor, Form 5500 series, EIN 208231967 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.