BANC OF CALIFORNIA, INC. 401(K) PLAN

Address: 3 MACARTHUR PLACE,SANTA ANA,CA
Contact person: IAN SALISBURY
Phone: (949) 236-5406

BANC OF CALIFORNIA, INC. 401(K) PLAN has the following features:
Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.

At the end of 2022, the total retirement plan assets of BANC OF CALIFORNIA, INC. 401(K) PLAN is $62,023,142.00.This plan was established in 2013.

At the end of 2022, the total number of retirement plan participants in BANC OF CALIFORNIA, INC. 401(K) PLAN is 1158

In 2022, the average participant retirement account value for BANC OF CALIFORNIA, INC. 401(K) PLAN is $53,560.00

In 2022, the estimated average employee contribution amount per participant for BANC OF CALIFORNIA, INC. 401(K) PLAN is $5,265.00

In 2022, the estimated average employer match for an employee in BANC OF CALIFORNIA, INC. 401(K) PLAN is approximately $2,451.00

In 2022, BANC OF CALIFORNIA, INC. 401(K) PLAN allocates $2,838,704.00 to match its employees' contributions, providing an employer match rate of 48.29% of their contributions

In 2022, the total retirement plan asset growth rate of BANC OF CALIFORNIA, INC. 401(K) PLAN is -10.96%

In 2022, the estimated aggregate retirement account investment gain/loss for BANC OF CALIFORNIA, INC. 401(K) PLAN is -16.27%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of BANC OF CALIFORNIA, INC. 401(K) PLAN is 0.30%.

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