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Company:
Westamerica Bancorporation
Plan:
Westamerica Bancorporation Tax Deferred Savings/Retirement Plan (ESOP)
 

Westamerica Bancorporation

62 Plan:

 
 
62
22
66
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 25 point difference between this plan's BrightScope Rating (62) and the top rated plan (87) could equate to:
[How is this calculated?]
13 additional years of work
Up to $183,700 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

Westamerica Bancorporation Tax Deferred Savings/Retirement Plan (ESOP) is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 62. This plan is in the top 15% of plans for Total Plan Cost. Westamerica Bancorporation Tax Deferred Savings/Retirement Plan (ESOP) currently has over 1,300 active participants and over $54.5M in plan assets.

 

 Retirement Plan Details

Address Po Box 1200
Suisun City, CA 94585-1200 
Industry Commercial Banking
Administrator Debra Abrao
Sponsor Jonathan Levitt
Net Plan Assets $54,500,000
Total Participants 1,400
Avg Account Balance $39,000

 Compare Other Companies in Peer Group

TowneBank 76.5
Rockland Trust Company 73.4
Sterling Bancshares 72.5
Renasant 71.4
Simmons First National 51.0
Carter Bank & Trust 42.2

 Top 3 Funds in this 401k

1. Westamerica Bancorporation Common Stock 50%
2. Vanguard 500 Index 7%
3. Vanguard Prime Money Market 7%

  Plan Service Providers

Recordkeeper Vanguard Group
Consultant Vanguard Group
Auditor Perry-Smith LLP

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