Bank of the West401(k)
BANK OF THE WEST 401(K) SAVINGS PLAN · SAN RAMON, CA · plan year 2022
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Bank of the West reported $1,083,736 in plan administrative expenses for 2022: 0.07% of average plan assets, above the peer median. Employer contributions averaged $4,660 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 over $1B size bracket, benchmarked here against 1,066 comparable plans and shown alongside other finance & insurance employers. By assets it is the 105th-largest of 9,483 plans among California employers on file, and the 137th of 4,798 in finance & insurance. In 2022, employees put in $1.62 for every $1.00 the employer contributed.
Bank of the West's 2022 employer contribution ran below the $4,897 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 940475440 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.