Plan Ledger DOL Form 5500 · updated monthly

Central Valley Community Bank401(k)

CENTRAL VALLEY COMMUNITY BANK RETIREMENT PLAN · FRESNO, CA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Central Valley Community Bank reported $63,346 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $6,388 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 0.14% to 0.16%. 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 1,946th-largest of 9,483 plans among California employers on file, and the 1,822nd of 4,798 in finance & insurance. In 2024, employees put in $1.44 for every $1.00 the employer contributed; active participation has grown from 249 to 345 since 2022.

Plan summary
Net assets, end of year$44,454,721
Participants with balances430
Active participants345
Employer contributions$2,203,771
Employee contributions$3,171,722
Employer contribution per active participant$6,388
Average account balance$103,383
Benefits paid to participants$5,678,903
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$44.5M · 430 accts · $2.2M emplr
2023$33.2M · 323 accts · $1.9M emplr
2022$29.4M · 338 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,346
Total administrative$63,346
The Central Valley Community Bank 401(k) match · 2024
Employer contribution per active participant$6,388
Median for plans this size$2,416
2024$6,388 per active participant
2023$7,851 per active participant
2022$8,200 per active participant

Central Valley Community Bank'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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$4,501
CARLSON QUINN & ASSOCIATES · Contract administrator$600

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

Administrative cost history3
2024$63,346 · 0.16%
2023$45,829 · 0.15%
2022$45,864 · 0.14%
Same employer
Similar plansFinance & Insurance · California
Keypoint Credit Union CA$45.4M · 0.22%
Imperial Capital, LLC CA$44.8M · 0.27%
Valley Strong Credit Union CA$44.7M · 0.04%
Geovera Holdings, Inc. CA$44.7M · 0.05%
Plaza Home Mortgage, Inc. CA$44.1M · 0.23%
San Mateo Credit Union CA$43.6M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942589722 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.