OPEN BANK EMPLOYEE'S 401(K) PLAN
- Address: 1000 WILSHIRE BLVD. SUITE 500,LOS ANGELES,CA
- Contact person: KRISTY KANG
- Phone: (213) 892-9999
OPEN BANK EMPLOYEE'S 401(K) PLAN has the following features:
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 OPEN BANK EMPLOYEE'S 401(K) PLAN is $15,218,650.00.This plan was established in 2005.
At the end of 2022, the total number of retirement plan participants in OPEN BANK EMPLOYEE'S 401(K) PLAN is 235
In 2022, the average participant retirement account value for OPEN BANK EMPLOYEE'S 401(K) PLAN is $64,760.00
In 2022, the estimated average employee contribution amount per participant for OPEN BANK EMPLOYEE'S 401(K) PLAN is $6,807.00
In 2022, the estimated average employer match for an employee in OPEN BANK EMPLOYEE'S 401(K) PLAN is approximately $3,614.00
In 2022, OPEN BANK EMPLOYEE'S 401(K) PLAN allocates $849,388.00 to match its employees' contributions, providing an employer match rate of 56.97% of their contributions
In 2022, the total retirement plan asset growth rate of OPEN BANK EMPLOYEE'S 401(K) PLAN is -9.73%
In 2022, the estimated aggregate retirement account investment gain/loss for OPEN BANK EMPLOYEE'S 401(K) PLAN is -17.00%. This measures the effectiveness of the plan participants' investments in the year.
In 2022, the investment and administrative expense ratio of OPEN BANK EMPLOYEE'S 401(K) PLAN is 0.42%.
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