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Company:
PacWest Bancorp
Plan:
PacWest Bancorp 401k Plan
 

PacWest Bancorp

65 Plan: PacWest Bancorp 401k Plan

 
 
65
29
66
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (65) and the top rated plan (85) could equate to:
[How is this calculated?]
10 additional years of work
Up to $159,900 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

PacWest Bancorp 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 65. This plan is in the top 35% of plans for Salary Deferral and Total Plan Cost. PacWest Bancorp 401k Plan currently has over 1,100 active participants and over $32.0M in plan assets.


 Investment Menu Statistics

No. of Investment Options
18
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Fidelity Retirement Money Market 13%
2. PacWest Bancorp Common Stock 6%
3. Vanguard Total Bond Market Index 6%

 Retirement Plan Details

Address 456 Santa Monica Boulevard
Santa Monica, CA 90401 
Industry Commercial Banking
Administrator Patricia Rosa
Sponsor Michael Thompson
Net Plan Assets $32,000,000
Total Participants 1,100
Avg Account Balance $38,000

  Plan Service Providers

Recordkeeper Fidelity
Auditor Squar Milner LLP