Employers › Banc of California
Recordkeeping fees per participant · Banc of California, Inc. 401(k) Plan · plan year 2024
$3.40
Higher than 4% of the 1,697 plans $250M to 1B that report it.
= $9,618 / 2,827
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251010165943NAL0004426163001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010165943NAL0004426163001, received 2025-10-10
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-10.
Administrative expenses excluding investment management, per participant
$119.62
Higher than 84% of the 2,324 plans $250M to 1B that report it.
= $338,178 / 2,827
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251010165943NAL0004426163001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010165943NAL0004426163001, received 2025-10-10
Administrative expenses per participant
$150.05
Higher than 81% of the 2,405 plans $250M to 1B that report it.
= $424,180 / 2,827
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010165943NAL0004426163001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010165943NAL0004426163001, received 2025-10-10
Administrative expenses as a share of assets
0.130%
Higher than 78% of the 2,407 plans $250M to 1B that report it.
= $424,180 / $327,250,213
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010165943NAL0004426163001, received 2025-10-10
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251010165943NAL0004426163001, received 2025-10-10
Employer contributions per participant
$3,168
Higher than 52% of the 2,457 plans $250M to 1B that report it.
= $8,955,524 / 2,827
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010165943NAL0004426163001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010165943NAL0004426163001, received 2025-10-10
Employer share of total contributions
24.7%
Higher than 29% of the 2,459 plans $250M to 1B that report it.
= $8,955,524 / $36,255,632
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010165943NAL0004426163001, received 2025-10-10
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251010165943NAL0004426163001, received 2025-10-10
Employer match
“The Company matches 100% of the first 4% of the employee's deferral rate not to exceed 4% of the employee's compensation.”
Form 10-K filed 2026-02-27, for the year ended 2025-12-31 · benefits note, 10-K benefits note · source document
Vesting
“Plan participants are immediately vested in matching contributions received from the Company.”
Form 10-K filed 2026-02-27, for the year ended 2025-12-31 · benefits note, 10-K benefits note · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · 2S pre-approved plan document · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251010165943NAL0004426163001, received 2025-10-10
| Field | Value | Source |
|---|---|---|
| Plan sponsor | BANC OF CALIFORNIA, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251010165943NAL0004426163001, received 2025-10-10 |
| Plan name | BANC OF CALIFORNIA, INC. 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251010165943NAL0004426163001, received 2025-10-10 |
| Sponsor EIN / plan number | 04-3639825 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251010165943NAL0004426163001, received 2025-10-10 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251010165943NAL0004426163001, received 2025-10-10 |
| Sponsor location | SANTA ANA, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251010165943NAL0004426163001, received 2025-10-10 |
| Industry (business code) | 522130, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251010165943NAL0004426163001, received 2025-10-10 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251010165943NAL0004426163001, received 2025-10-10 |
| Filing received | 2025-10-10 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251010165943NAL0004426163001, received 2025-10-10 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251010165943NAL0004426163001, received 2025-10-10 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251010165943NAL0004426163001, received 2025-10-10 |
| Participants, beginning of year | 3,197 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251010165943NAL0004426163001, received 2025-10-10 |
| Active participants | 1,945 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251010165943NAL0004426163001, received 2025-10-10 |
| Participants, end of year | 2,918 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251010165943NAL0004426163001, received 2025-10-10 |
| Participants with an account balance | 2,827 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010165943NAL0004426163001, received 2025-10-10 |
| Total assets, beginning of year | $340,962,983 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251010165943NAL0004426163001, received 2025-10-10 |
| Total assets, end of year | $327,250,213 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251010165943NAL0004426163001, received 2025-10-10 |
| Net assets, end of year | $327,250,213 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251010165943NAL0004426163001, received 2025-10-10 |
| Total income | $87,590,221 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251010165943NAL0004426163001, received 2025-10-10 |
| Net income | $-13,712,770 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251010165943NAL0004426163001, received 2025-10-10 |
| Employer contributions | $8,955,524 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010165943NAL0004426163001, received 2025-10-10 |
| Participant contributions | $20,341,008 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251010165943NAL0004426163001, received 2025-10-10 |
| Other contributions (incl. rollovers) | $6,959,100 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251010165943NAL0004426163001, received 2025-10-10 |
| Total contributions | $36,255,632 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251010165943NAL0004426163001, received 2025-10-10 |
| Benefit payments | $100,819,396 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251010165943NAL0004426163001, received 2025-10-10 |
| Total expenses (incl. benefit payments) | $101,302,991 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251010165943NAL0004426163001, received 2025-10-10 |
| Total administrative expenses | $424,180 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010165943NAL0004426163001, received 2025-10-10 |
| Contract administrator fees | $288,333 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251010165943NAL0004426163001, received 2025-10-10 |
| Recordkeeping fees | $9,618 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251010165943NAL0004426163001, received 2025-10-10 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251010165943NAL0004426163001, received 2025-10-10 |
| Investment advisory and management fees | $86,002 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251010165943NAL0004426163001, received 2025-10-10 |
| Administrative expenses excluding investment management | $338,178 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251010165943NAL0004426163001, received 2025-10-10 |
| Held in common/collective trusts | $41,612,034 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251010165943NAL0004426163001, received 2025-10-10 |
| Held in mutual funds | $268,308,324 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251010165943NAL0004426163001, received 2025-10-10 |
| Independent auditor | PENSION ASSURANCE LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251010165943NAL0004426163001, received 2025-10-10 |
Position = column in the DOL layout for form year 2024. Filing 20251010165943NAL0004426163001, received 2025-10-10.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANYrecordkeeper | CONTRACT ADMINISTRATOR | 13 Contract administrator; 37 Participant loan processing; 50 Direct payment from the plan; 64 Recordkeeping fees | $240,140 | yes |
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $57,888 | no |
| ACTUARIAL BENEFITS CORPORATION | CONTRACT ADMINISTRATOR | 13 Contract administrator; 49 Other services; 99 Other fees; 50 Direct payment from the plan | $48,193 | yes |
| BANC OF CALIFORNIA | OTHER SERVICES | 49 Other services; 50 Direct payment from the plan; 99 Other fees | $40,227 | no |
| UBS FINANCIAL SERVICES INC | INVESTMENT ADVISORY | 27 Investment advisory (plan); 50 Direct payment from the plan | $37,500 | yes |
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORD KEEPER | 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $9,617 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251010165943NAL0004426163001, received 2025-10-10.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $340,962,983 | $327,250,213 | -4.0% |
| Participants with a balance | 1,060 | 2,827 | 166.7% |
| Administrative expenses | $189,747 | $424,180 | 123.6% |
| Recordkeeping fees per participant | not reported | $3.40 | |
| Employer contributions | $2,921,844 | $8,955,524 | 206.5% |
Prior filing 20241010192906NAL0041320882001, received 2024-10-10; the plan years are contiguous.
Sponsor name as filed: BANC OF CALIFORNIA, INC.; SEC registrant: BANC OF CALIFORNIA, INC. (CIK 1169770, matched by EIN; display name from the Form 10-K cover).