Plan Snapshot
- Plan Sponsor: United Business Bank
- Sponsor EIN: 200910111
- Sponsor Address: 500 YGNACIO VALLEY ROAD, SUITE 200, WALNUT CREEK, CA, 94596
- Plan Type: 401(k)
- Total Participants: 302
- Total Assets: $30.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 302 | $30.5M | $879,780 | $2.1M |
| 2023 | 341 | $28.1M | $930,919 | $2.1M |
| 2022 | 336 | $22.4M | $810,961 | $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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS, | RECORDKEEPER | $43,399 | — | $43,399 |
| BAYBRIDGE CAPITAL GROUP LLC | INVESTMENT ADVISORY - PL | $37,500 | — | $37,500 |
| REDWOOD PENSIONS, LLC | TPA | $13,660 | — | $13,660 |
| APRIO LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS, — RECORDKEEPER
- APRIO LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $94,559
- Estimated Expense Ratio: 0.310% 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 | $143,516 | $38,215 | $19,950 | — | — |
| 2023 | $126,614 | $38,972 | $17,940 | — | — |
| 2022 | $107,917 | $34,089 | $73,559 | — | — |