2023 Form 5500 filing — Heritage Commerce Corp 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 20241015174004NAL0058983298001) for Heritage Commerce Corp 401(K) Savings Plan, reported by Heritage Commerce Corp under EIN 77-0469558 and plan number 003. It reports 587 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015174004NAL0058983298001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Heritage Commerce Corp
- EIN
- 77-0469558
- Plan number
- 003
- Location
- San Jose, CA
- Participants
- 587
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $77,541,665
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $77,541,665
- Employer contributions
- $948,289
- Participant contributions
- $3,689,151
- Total income / additions
- $16,895,916
- Benefits paid
- $5,033,117
- Administrative expenses
- $83,382
- Total expenses
- $5,116,499
- Net increase / (decrease)
- $11,779,417
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Cbiz Investment Advisory Services L | INVESTMENT ADVISOR | $54,239 | not reported in the loaded dataset |
| Capital Group Retirement Plan Svcs. | RECORDKEEPER | $32,543 | $0 |