Plan Ledger DOL Form 5500 · updated monthly

Pacwest Bancorp401(k)

PACWEST BANCORP 401(K) PLAN · BREA, CA · plan year 2022

Reported admin expense ratio · 2022
0.10%

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

Pacwest Bancorp reported $248,737 in plan administrative expenses for 2022: 0.10% of average plan assets, below the peer median. Employer contributions averaged $3,236 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.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other finance & insurance employers. By assets it is the 507th-largest of 9,483 plans among California employers on file, and the 529th of 4,798 in finance & insurance. In 2022, employees put in $2.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$231,322,250
Participants with balances2,870
Active participants2,409
Employer contributions$7,796,515
Employee contributions$21,650,835
Employer contribution per active participant$3,236
Average account balance$80,600
Benefits paid to participants$15,073,207
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Investment management$115,765
Total administrative$248,737
The Pacwest Bancorp 401(k) match · 2022
Employer contribution per active participant$3,236
Median for plans this size$3,449

Pacwest Bancorp's 2022 employer contribution ran below the $3,449 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.

Administrative cost history1
2022$248,737 · 0.10%
Same employer
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Bank of Hope CA$252.5M · 0.09%
Robinhood Markets, Inc. CA$246.2M · 0.05%
Golden 1 Credit Union CA$237.1M · 0.01%
Mechanics Bank CA$214.6M · 0.06%
Cu Cooperative Systems, Inc. CA$214.5M · 0.12%
Affirm, Inc. CA$212.4M · 0.02%
Fremont Bancorporation CA$208.7M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330885320 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.