# Sunwest Bank 401(k) Plan
Source: https://planprovider.pro/companies/sunwest-bank-401k-plan

> Sunwest Bank's 401(k) plan: 273 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Sunwest Bank

- **Sponsor EIN:** 952630202

- **Sponsor Address:** 2050 MAIN ST., SUITE 300, IRVINE, CA, 926148279

- **Plan Type:** 401(k)

- **Total Participants:** 273

- **Total Assets:** $22.9M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|273|$22.9M|$1.3M|$2.7M|

| 2023|262|$17.9M|$1.1M|$2.2M|

| 2022|225|$13.8M|$1.1M|$1.8M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| THE BALDWIN GROUP WEALTH ADVISORS,|INVESTMENT ADVISORY|$70,066|$6|$70,072|

| PRINCIPAL LIFE INSURANCE COMPANY|CONTRACT ADMINISTRATOR|$60,047|—|$60,047|

| EIDE BAILLY LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [EIDE BAILLY LLP](https://planprovider.pro/provider/eide-bailly-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $130,119

- **Estimated Expense Ratio:** 0.568% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$130,113|$70,066|$60,047|—|—|

| 2023|$66,013|$50,480|$15,533|—|—|

| 2022|$52,720|—|—|—|—|

## Similar Plans

- [Montecito Bank And Trust](https://planprovider.pro/companies/montecito-bank-and-trust-401k-plan) — 273 participants

- [American Business Bank](https://planprovider.pro/companies/american-business-bank-401k-plan) — 285 participants

- [Beneficial State Bancorp, INC.](https://planprovider.pro/companies/beneficial-state-bancorp-inc-plan) — 259 participants

- [Pcb Bank](https://planprovider.pro/companies/pcb-bank-401k-plan) — 257 participants

- [United Business Bank](https://planprovider.pro/companies/united-business-bank-401k-plan) — 302 participants

- [Preferred Bank](https://planprovider.pro/companies/preferred-bank-401k-plan-001-0199) — 312 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/sunwest-bank-401k-plan)

© 2026 PlanProvider.Pro