Sterling Bank & Trust FSB 401(k) match, vesting and fees
What Sterling Bank & Trust FSB'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 | The Vanguard Group, Inc. | Schedule C ↗ |
| Independent auditor | Meaden & Moore, Ltd. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,409 defined-contribution plans in finance and insurance with 100 to 499 participants.
| Sterling Bank & Trust FSB: employer contribution per participant | $2,666 | |
| Peer median | $2,868 |
| Sterling Bank & Trust FSB: average balance | $64,259 | |
| Peer median | $95,281 |
| Sterling Bank & Trust FSB: admin expenses ÷ assets | 0.22% | |
| Peer median | 0.22% |
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 $23.8M at the end of plan year 2021 to $29M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 461 | $29M | $1.2M | $2,666 | 0.22% | Not published | Form 5500 ↗ |
| 2023 | 473 | $25.6M | $1.2M | $2,662 | 0.38% | Not published | Form 5500 ↗ |
| 2022 | 469 | $22.2M | $1.3M | $2,808 | 0.42% | Not published | Form 5500 ↗ |
| 2021 | 430 | $23.8M | $1.3M | $3,025 | 0.31% | Not published | Form 5500 ↗ |
Common questions
Does Sterling Bank & Trust FSB match 401(k) contributions?
The match terms for the Sterling Bank & Trust 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $1.2M in employer contributions, about $2,666 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Sterling Bank & Trust FSB 401(k) match vested?
The vesting schedule for the Sterling Bank & Trust 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Sterling Bank & Trust FSB 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is The Vanguard Group, Inc.. The plan administrator is Sterling Bank & Trust FSB.
I left Sterling Bank & Trust FSB. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Sterling Bank & Trust FSB, (510) 834-3830) or the recordkeeper, The Vanguard Group, Inc.. The Sterling Bank & Trust FSB old 401(k) page lists the contacts from every plan filing. Find an old Sterling Bank & Trust FSB 401(k)
Data from the public Form 5500 annual reports Sterling Bank & Trust FSB 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 Sterling Bank & Trust FSB. Not financial advice. Report a correction · Methodology