Plan Ledger DOL Form 5500 · updated monthly

Banc of California, Inc.401(k)

BANC OF CALIFORNIA, INC. 401(K) PLAN · BREA, CA · plan year 2022

Reported admin expense ratio · 2022
0.28%

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

Banc of California, Inc. reported $185,917 in plan administrative expenses for 2022: 0.28% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,970 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.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,489th-largest of 9,483 plans among California employers on file, and the 1,423rd of 4,798 in finance & insurance. In 2022, employees put in $2.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$62,023,142
Participants with balances1,101
Active participants715
Employer contributions$2,838,704
Employee contributions$5,878,808
Employer contribution per active participant$3,970
Average account balance$56,333
Benefits paid to participants$6,385,517
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$185,917
Total administrative$185,917
The Banc of California, Inc. 401(k) match · 2022
Employer contribution per active participant$3,970
Median for plans this size$3,449

Banc of California, Inc.'s 2022 employer contribution ran above the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$185,917 · 0.28%
All plans at this employer2
PACWEST BANCORP 401(K) PLAN401(k)
BANC OF CALIFORNIA, INC. 401(K) PLAN401(k)
Same employer
Similar plansFinance & Insurance · California
Deans & Homer CA$62.8M · 0.07%
Redwood Trust, Inc. CA$62.5M · 0.06%
Bank of Stockton CA$61.4M · 0.10%
Prosper Marketplace, Inc. CA$61.2M · 0.17%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 956047013 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.