Heritage Commerce Corp 401(K) Savings Plan — Form 5500 plan (Heritage Commerce Corp)
Plain-English plan 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, Heritage Commerce Corp 401(K) Savings Plan is a benefit plan reported by Heritage Commerce Corp under EIN 77-0469558 and plan number 003. The latest loaded filing year is 2023. The filing reports 587 participants and $77,541,665 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Heritage Commerce Corp
- EIN
- 77-0469558
- Plan number
- 003
- Plan type
- 2
- Location
- San Jose, CA
- Latest filing year
- 2023
- Participants
- 587
- End-of-year plan assets
- $77,541,665
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 587 | H, C | 20241015174004NAL0058983298001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $77,541,665
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $77,541,665
- Net assets (BOY)
- $65,762,248
Income & contributions
- Employer contributions
- $948,289
- Participant contributions
- $3,689,151
- Total contributions
- $5,141,700
- Total income / additions
- $16,895,916
Expenses & distributions
- Benefits paid
- $5,033,117
- Administrative expenses
- $83,382
- Total expenses
- $5,116,499
- Net increase / (decrease)
- $11,779,417
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cbiz Investment Advisory Services L | INVESTMENT ADVISOR | $54,239 | not reported in the loaded dataset | 2023 |
| Capital Group Retirement Plan Svcs. | RECORDKEEPER | $32,543 | $0 | 2023 |