Ocmbc Inc.Profit-sharing plan
OCMBC INC. 401(K) PLAN · IRVINE, CA · plan year 2024
Ocmbc Inc.'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 $7,245,590 across 417 participant accounts, with employer contributions averaging $0 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in California (6,265th of 9,483), and 4,251st of 4,798 in finance & insurance.
Ocmbc Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 330962918 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.