2023 Form 5500 filing — Banc Of California, Inc. 401(K) 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 20241010192906NAL0041320882001) for Banc Of California, Inc. 401(K) Plan, reported by Banc Of California, Inc. under EIN 04-3639825 and plan number 002. It reports 1,159 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010192906NAL0041320882001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Banc Of California, Inc.
- EIN
- 04-3639825
- Plan number
- 002
- Location
- Santa Ana, CA
- Participants
- 1,159
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $340,962,983
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $340,962,983
- Employer contributions
- $2,921,844
- Participant contributions
- $5,873,498
- Total income / additions
- $22,285,229
- Benefits paid
- $6,527,957
- Administrative expenses
- $189,747
- Total expenses
- $6,717,704
- Net increase / (decrease)
- $15,567,525
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $188,797 | $0 |
| Ubs Financial Services Inc | INVESTMENT ADVISORY | $0 | $37,500 |
| Actuarial Benefits Corporation | CONTRACT ADMINISTRATOR | $950 | $24,103 |