Westamerica Bancorporation 401(k) Plan: Login, Facts & Contact Information

Westamerica Bancorporation 401(k) Plan Facts

Plan name
WESTAMERICA BANCORPORATION TAX DEFERRED SAVINGS/ RETIREMENT PLAN (ESOP)
Plan type
401(k) with employer contributions and profit sharing with a company-stock (ESOP) component
Plan sponsor
WESTAMERICA BANCORPORATION
Participants
920 (596 active employees)
Former employees with a balance
273
Plan assets
$64,057,107 at Dec 31, 2024
Average account balance
$92,836 across 690 accounts
Employer contributions
$1,004,717 in plan year 2024 (38% of all contributions)
Recordkeeper
The Vanguard Group, Inc.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Oct 1, 1985
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing✓ Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 25, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.66 million went into the plan in contributions, $1.00 million of it from the employer (38%).
  • $5.98 million was paid out to participants.
  • Investment and other income added $6.04 million.
  • Administrative expenses were $26,799, about $39 per account.

How the Westamerica Bancorporation 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019994$63.7 million$1.03 million$8.78 million
2020980$64.9 million$1.03 million$5.61 million
20211,021$69.9 million$1.01 million$5.58 million
2022960$54.9 million$942,842$9.05 million
2023912$61.4 million$867,755$3.06 million
2024920$64.1 million$1.00 million$5.98 million

Westamerica Bancorporation 401(k) Contact Information

Phone
707-863-6019
Mailing address
4550 MANGELS BLVD P.O. BOX 1088, FAIRFIELD CA 945851088
Plan sponsor
WESTAMERICA BANCORPORATION
Employer identification number (EIN)
94-2156203
Plan number
002

Questions about the Westamerica Bancorporation 401(k)

Does Westamerica Bancorporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.00 million, 38% of all contributions.

Does the Westamerica Bancorporation 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Westamerica Bancorporation 401(k) plan?

920 participants at the start of plan year 2024, 596 of them active employees, and 273 former employees who still had money in the plan.

What is the average 401(k) balance at Westamerica Bancorporation?

About $92,836 per account: $64.1 million in plan assets across 690 accounts with a balance at the end of plan year 2024.

Who manages the Westamerica Bancorporation 401(k) accounts?

Vanguard (listed on the filing as THE VANGUARD GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Westamerica Bancorporation. How do I access my 401(k)?

Your account stays with Vanguard 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.

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