Plan Ledger DOL Form 5500 · updated monthly

California Bank of Commerce401(k)

CALIFORNIA BANK OF COMMERCE PROFIT SHARING 401(K) PLAN · WALNUT CREEK, CA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

California Bank of Commerce reported $8,354 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,710 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 0.02% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 3,338th-largest of 9,483 plans among California employers on file, and 2,870th of 4,798 in finance & insurance. In 2024, employees put in $2.50 for every $1.00 the employer contributed; active participation has shrunk from 151 to 98 since 2022.

Plan summary
Net assets, end of year$22,548,407
Participants with balances174
Active participants98
Employer contributions$853,563
Employee contributions$2,137,928
Employer contribution per active participant$8,710
Average account balance$129,589
Benefits paid to participants$4,259,190
Plan auditUnmodified (clean) audit opinion
AuditorREDWITZ, INC.
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$22.5M · 174 accts · $854K emplr
2023$20.2M · 191 accts · $786K emplr
2022$15.1M · 196 accts · $718K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,354
Total administrative$8,354
The California Bank of Commerce 401(k) match · 2024
Employer contribution per active participant$8,710
Median for plans this size$2,416
2024$8,710 per active participant
2023$4,790 per active participant
2022$4,756 per active participant

California Bank of Commerce's 2024 employer contribution ran above the $2,416 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.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
CBIZ INVESTMENT ADVISORY · Consultingindirect comp

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

Administrative cost history4
2025Not separately reported
2024$8,354 · 0.04%
2023$5,279 · 0.03%
2022$2,625 · 0.02%
Same employer
Similar plansFinance & Insurance · California
Open Bank CA$23.2M · 0.25%
Sunwest Bank CA$22.9M · 0.64%
Ventura County Credit Union CA$22.1M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204302114 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.