Bank of Hope 401(k) match, vesting and fees
What Bank of Hope'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 | Transamerica Retirement Solutions | Schedule C ↗ |
| Independent auditor | Vasquez & Company LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 673 defined-contribution plans in finance and insurance with 1,000 to 4,999 participants.
| Bank of Hope: employer contribution per participant | $3,387 | |
| Peer median | $2,966 |
| Bank of Hope: average balance | $141,200 | |
| Peer median | $104,792 |
| Bank of Hope: admin expenses ÷ assets | 0.09% | |
| Peer median | 0.10% |
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 $203M at the end of plan year 2021 to $252M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,903 | $252M | $6.1M | $3,387 | 0.09% | Not published | Form 5500 ↗ |
| 2023 | 2,034 | $219M | $6.8M | $3,613 | 0.10% | Not published | Form 5500 ↗ |
| 2022 | 2,140 | $179M | $5.9M | $3,111 | 0.11% | Not published | Form 5500 ↗ |
| 2021 | 2,006 | $203M | $5.8M | $3,193 | 0.10% | Not published | Form 5500 ↗ |
Other Bank of Hope plans (3)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Territorial Savings Bank 401(k) Plan
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.
| Independent auditor | Baker Tilly US, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
Territorial Savings Bank Amended and Restated ESOP
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 | Ambrose ESOP Advisors, LLC | Schedule C ↗ |
| Independent auditor | Baker Tilly US, LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Retirement · Active | Form 5500 ↗ |
Territorial Savings Bank Employee Retirement Plan
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.
| Independent auditor | Baker Tilly US, LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
Common questions
Does Bank of Hope match 401(k) contributions?
The match terms for the Bank of Hope 401(k) Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $6.1M in employer contributions, about $3,387 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Bank of Hope 401(k) match vested?
The vesting schedule for the Bank of Hope 401(k) Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Bank of Hope 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Transamerica Retirement Solutions. The plan administrator is Bank of Hope.
I left Bank of Hope. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Bank of Hope, (213) 639-1700) or the recordkeeper, Transamerica Retirement Solutions. The Bank of Hope old 401(k) page lists the contacts from every plan filing. Find an old Bank of Hope 401(k)
Data from the public Form 5500 annual reports Bank of Hope filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) 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 Bank of Hope. Not financial advice. Report a correction · Methodology