Banc Of California, Inc. 401(k) Plan: Login, Facts & Contact Information
Banc Of California, Inc. 401(k) Login
428 former Banc Of California, Inc. employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2022 filing.
Banc Of California, Inc. 401(k) Plan Facts
Source: Form 5500 for plan year 2022 (Jan 1, 2022 – Dec 31, 2022), filed Oct 13, 2023. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2022
- $10.6 million went into the plan in contributions, $2.84 million of it from the employer (27%).
- $6.39 million was paid out to participants.
- Administrative expenses were $185,917, about $169 per account.
How the Banc Of California, Inc. 401(k) changed, 2017–2022
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2017 | 2,006 | $43.4 million | $3.14 million | $26.4 million |
| 2018 | 1,188 | $39.8 million | $2.08 million | $9.93 million |
| 2019 | 1,149 | $45.2 million | $2.12 million | $11.0 million |
| 2020 | 1,108 | $53.3 million | $2.11 million | $6.85 million |
| 2021 | 1,075 | $69.7 million | $2.32 million | $7.25 million |
| 2022 | 1,158 | $62.0 million | $2.84 million | $6.39 million |
Banc Of California, Inc. 401(k) Contact Information
Questions about the Banc Of California, Inc. 401(k)
Does Banc Of California, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $2.84 million, 27% of all contributions.
Does the Banc Of California, Inc 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Banc Of California, Inc 401(k) plan?
1,158 participants at the start of plan year 2022, 715 of them active employees, and 428 former employees who still had money in the plan.
What is the average 401(k) balance at Banc Of California, Inc?
About $56,333 per account: $62.0 million in plan assets across 1,101 accounts with a balance at the end of plan year 2022.
Who manages the Banc Of California, Inc 401(k) accounts?
Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Banc Of California, Inc. How do I access my 401(k)?
Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.