Plan Ledger DOL Form 5500 · updated monthly

Fdic As Receiver for First Republic Bank401(k)

FIRST REPUBLIC BANK 401(K) PLAN · DALLAS, TX · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

Fdic As Receiver for First Republic Bank reported $74,788 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,828 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 1 year on file its reported administrative ratio rose from 0.01% to 0.03%. 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 115th-largest of 5,688 plans among Texas employers on file, and the 170th of 4,798 in finance & insurance. In 2022, employees put in $2.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,071,006,867
Participants with balances8,433
Active participants7,065
Employer contributions$41,171,634
Employee contributions$100,242,161
Employer contribution per active participant$5,828
Average account balance$127,002
Benefits paid to participants$39,075,885
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $8K emplr
2023$512.4M · 4,395 accts · $23.2M emplr
2022$1.1B · 8,433 accts · $41.2M emplr
The Fdic As Receiver for First Republic Bank 401(k) match · 2022
Employer contribution per active participant$5,828
Median for plans this size$4,897
2023$23,231,701 per active participant
2022$5,828 per active participant

Fdic As Receiver for First Republic Bank's 2022 employer contribution ran above 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.

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.

Recordkeeper by year2
2024Vanguard
2023Vanguard

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Administrative cost history3
2024Not separately reported
2023$232,880 · 0.03%
2022$74,788 · 0.01%
Same employer
Similar plansFinance & Insurance · Texas
Comerica Incorporated TX$2.0B · 0.02%
Svb Financial Group TX$1.2B · 0.03%
Tpg Global, LLC TX$644.8M · 0.04%
Mr. Cooper Group Inc. TX$603.8M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800513856 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.