Plan Ledger DOL Form 5500 · updated monthly

Western Alliance Bancorporation401(k)

WESTERN ALLIANCE BANCORPORATION 401(K) PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Western Alliance Bancorporation reported $285,624 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $5,472 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 3 years on file its reported administrative ratio has held roughly steady near 0.071%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 36th-largest of 1,285 plans among Arizona employers on file, and the 336th of 4,798 in finance & insurance. In 2024, employees put in $1.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$444,191,256
Participants with balances4,221
Active participants3,560
Employer contributions$19,481,738
Employee contributions$34,320,596
Employer contribution per active participant$5,472
Average account balance$105,234
Benefits paid to participants$36,205,436
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$444.2M · 4,221 accts · $19.5M emplr
2023$356.9M · 3,979 accts · $18.9M emplr
2022$271.8M · 3,949 accts · $17.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$121,123
Investment management$164,501
Total administrative$285,624
The Western Alliance Bancorporation 401(k) match · 2024
Employer contribution per active participant$5,472
Median for plans this size$4,294
2024$5,472 per active participant
2023$5,761 per active participant
2022$5,191 per active participant

Western Alliance Bancorporation's 2024 employer contribution ran above the $4,294 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
SCHWAB RETIREMENT PLAN SERVICES INC · Recordkeeping · Investment advisory (participants)$235,973
CAPFINANCIAL PARTNERS LLC · Investment management$37,132
ENVESTNET ASSET MANAGEMENT INC · Investment advisory (participants)$7,197
CHARLES SCHWAB & CO., INC. · Securities brokerage$4,174

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$285,624 · 0.07%
2023$234,705 · 0.07%
2022$210,164 · 0.07%
Same employer
Similar plansFinance & Insurance · Arizona
Sequoia One Peo, LLC AZ$1.4B · 0.17%
Osaic, Inc AZ$353.4M · 0.10%
Rogers Benefit Group, Inc. AZ$122.3M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 880365922 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.