Banc of California 401(k) match, vesting and fees
What Banc of California's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Pension Assurance LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2025 medians for 214 defined-contribution plans in finance and insurance with 1,000 to 4,999 participants.
| Banc of California: employer contribution per participant | $3,044 | |
| Peer median | $3,266 |
| Banc of California: average balance | $135,850 | |
| Peer median | $137,177 |
| Banc of California: admin expenses ÷ assets | 0.12% | |
| Peer median | 0.08% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $341M at the end of plan year 2023 to $378M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 2,870 | $378M | $8.5M | $3,044 | 0.12% | Not published | Form 5500 ↗ |
| 2024 | 2,918 | $327M | $9M | $3,168 | 0.13% | Not published | Form 5500 ↗ |
| 2023 | 1,093 | $341M | $2.9M | $2,756 | 0.09% | Not published | Form 5500 ↗ |
Common questions
Does Banc of California match 401(k) contributions?
The match terms for the Banc of California, Inc. 401(k) Plan have not been published from its filing yet. The plan year 2025 filing reports $8.5M in employer contributions, about $3,044 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Banc of California 401(k) match vested?
The vesting schedule for the Banc of California, Inc. 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Banc of California 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Principal Life Insurance Company. The plan administrator is Banc of California, Inc..
I left Banc of California. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Banc of California, Inc., (949) 236-5406) or the recordkeeper, Principal Life Insurance Company. The Banc of California old 401(k) page lists the contacts from every plan filing. Find an old Banc of California 401(k)
Data from the public Form 5500 annual reports Banc of California filed with the U.S. Department of Labor (plan years 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Banc of California. Not financial advice. Report a correction · Methodology