2023 Form 5500 filing — East West Bank Employees 401(K) Savings Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240620162440NAL0001116403001) for East West Bank Employees 401(K) Savings Plan, reported by East West Bank under EIN 95-2795851 and plan number 001. It reports 3,955 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240620162440NAL0001116403001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- East West Bank
- EIN
- 95-2795851
- Plan number
- 001
- Location
- Pasadena, CA
- Participants
- 3,955
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $537,982,866
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $537,982,866
- Employer contributions
- $12,708,077
- Participant contributions
- $29,962,972
- Total income / additions
- $122,198,063
- Benefits paid
- $26,306,874
- Administrative expenses
- $356,493
- Total expenses
- $26,674,008
- Net increase / (decrease)
- $95,524,055
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | SAME HC AS PLAN TRUSTEE | $247,565 | $0 |
| Bdo Usa, P.C. | NONE | $63,430 | not reported in the loaded dataset |
| Bfsg LLC | NONE | $50,000 | not reported in the loaded dataset |