Cathay General Bancorp 401(k) match, vesting and fees
What Cathay General Bancorp'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 | Schwab Retirement Plan Services,inc | Schedule C ↗ |
| Independent auditor | Farber Hass Hurley, 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.
| Cathay General Bancorp: employer contribution per participant | $2,652 | |
| Peer median | $2,966 |
| Cathay General Bancorp: average balance | $159,835 | |
| Peer median | $104,792 |
| Cathay General Bancorp: admin expenses ÷ assets | 0.14% | |
| 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 $229M at the end of plan year 2021 to $260M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,786 | $260M | $4.3M | $2,652 | 0.14% | Not published | Form 5500 ↗ |
| 2023 | 1,799 | $229M | $4.4M | $2,720 | 0.08% | Not published | Form 5500 ↗ |
| 2022 | 1,700 | $192M | $4M | $2,554 | 0.10% | Not published | Form 5500 ↗ |
| 2021 | 1,628 | $229M | $3.7M | $2,449 | 0.10% | Not published | Form 5500 ↗ |
Other Cathay General Bancorp plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Cathay Bank Employee Stock Ownership 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.
| Recordkeeper | Schwab Retirement Plan Services,inc | Schedule C ↗ |
| Independent auditor | Farber Hass Hurley LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Retirement · Active | Form 5500 ↗ |
Common questions
Does Cathay General Bancorp match 401(k) contributions?
The match terms for the The Cathay General Bancorp 401(k) Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $4.3M in employer contributions, about $2,652 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Cathay General Bancorp 401(k) match vested?
The vesting schedule for the The Cathay General Bancorp 401(k) Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Cathay General Bancorp 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Schwab Retirement Plan Services,inc. The plan administrator is Cathay General Bancorp.
I left Cathay General Bancorp. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Cathay General Bancorp, (626) 433-4017) or the recordkeeper, Schwab Retirement Plan Services,inc. The Cathay General Bancorp old 401(k) page lists the contacts from every plan filing. Find an old Cathay General Bancorp 401(k)
Data from the public Form 5500 annual reports Cathay General Bancorp 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 Cathay General Bancorp. Not financial advice. Report a correction · Methodology