Plan Ledger DOL Form 5500 · updated monthly

El Dorado Savings Bank401(k)

EL DORADO SAVINGS BANK PROFIT SHARING PLAN · PLACERVILLE, CA · plan year 2024

Employer contribution per participant · 2024
$5,556

El Dorado Savings Bank's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $43,404,103 across 309 participant accounts, with employer contributions averaging $5,556 per active participant. See methodology for what Form 5500 does and doesn't capture.

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 1,989th-largest of 9,483 plans among California employers on file, and the 1,849th of 4,798 in finance & insurance. In 2024, the employer put in $2.11 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$43,404,103
Participants with balances309
Active participants252
Employer contributions$1,400,138
Employee contributions$662,519
Employer contribution per active participant$5,556
Average account balance$140,466
Benefits paid to participants$2,256,891
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$43.4M · 309 accts · $1.4M emplr
2023$39.5M · 304 accts · $1.4M emplr
2022$34.5M · 301 accts · $1.3M emplr
The El Dorado Savings Bank 401(k) match · 2024
Employer contribution per active participant$5,556
Median for plans this size$2,416
2024$5,556 per active participant
2023$5,545 per active participant
2022$5,556 per active participant

El Dorado Savings 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
Same employer
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Plaza Home Mortgage, Inc. CA$44.1M · 0.23%
San Mateo Credit Union CA$43.6M · 0.11%
Paamco Prisma, LLC CA$43.0M · 0.04%
American Business Bank CA$42.8M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941400676 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.