Plan Ledger DOL Form 5500 · updated monthly

Avidbank401(k)

AVIDBANK 401K & PROFIT SHARING PLAN · SAN JOSE, CA · plan year 2025

Reported admin expense ratio · 2025
0.30%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Avidbank reported $93,907 in plan administrative expenses for 2025: 0.30% of average plan assets, above the peer median. Employer contributions averaged $3,987 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 3 years on file its reported administrative ratio rose from 0.01% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other finance & insurance employers. By assets it is the 2,409th-largest of 9,483 plans among California employers on file, and the 2,200th of 4,798 in finance & insurance. In 2025, employees put in $4.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,506,607
Participants with balances179
Active participants151
Employer contributions$602,109
Employee contributions$2,507,853
Employer contribution per active participant$3,987
Average account balance$192,774
Benefits paid to participants$2,563,756
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$34.5M · 179 accts · $602K emplr
2024$28.7M · 167 accts · $565K emplr
2023$23.6M · 169 accts · $554K emplr
2022$17.6M · 157 accts · $444K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$36,967
Investment management$33,518
Audit (IQPA)$12,500
Total administrative$93,907
The Avidbank 401(k) match · 2025
Employer contribution per active participant$3,987
Median for plans this size$2,666
2025$3,987 per active participant
2024$3,792 per active participant
2023$3,959 per active participant
2022$3,108 per active participant

Avidbank's 2025 employer contribution ran above the $2,666 median for plans its size. 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.

What these fees cost you

Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$45,676
WELLTH ADVISORY SERVICES LLC · Investment advisory (plan)$33,518
PENSION ASSURANCE LLP · Accounting / audit$12,500

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history4
2025$93,907 · 0.30%
2024$1,300 · 0.00%
2023$1,050 · 0.01%
2022$1,319 · 0.01%
Same employer
Similar plansFinance & Insurance · California
Guideline, Inc. CA$35.2M · 0.09%
Gryphon Advisors, LLC CA$34.7M · 0.02%
Cliffwater LLC CA$34.0M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 743076352 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.