Profit Sharing · DOL Form 5500 · 2022

Westamerica Bancorporation Profit Sharing Plan

Data updated 2026-08-11

$28M
Total assets
662
Participants
82nd
Percentile by assets
$42,726
Avg per participant
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Official DOL plan name: Westamerica Bancorporation Tax-Deferred Profit Sharing Plan · Sponsored by Westamerica Bancorporation · California · Finance & Insurance

$28M in assets, 662 participants

Westamerica Bancorporation's Westamerica Bancorporation Tax-Deferred Profit Sharing Plan reported $28M in total assets and 662 participants in its 2022 DOL Form 5500 filing, ranking in the 82nd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 82nd percentile by assets (of 139,126 plans)
  • #6,585 in Finance & Insurance (9,261 peers)

Where Westamerica Bancorporation Tax-Deferred Profit Sharing Plan sits by assets

Westamerica Bancorporation Tax-Deferred Profit Sharing Plan sits in the top quartile of all filed plans by assets, $28M for 662 participants (~$42,726/participant), down 19.8% in 2022.

$28M
total plan assets (2022 EOY)
662
covered participants
82nd
percentile by assets (of 139,126 plans)
$42,726
avg assets per participant

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Westamerica Bancorporation Tax-Deferred Profit Sharing Plan vs the 2022 asset distribution

By assets, Westamerica Bancorporation Tax-Deferred Profit Sharing Plan outranks 82% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$28M
Net Income-$7M
Employer EIN942156203
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Westamerica Bancorporation)

$80M$85M$90M$95M$100M 202220232024 $83.2M $98M ▲ +17.8%
Total plan assets by year, all Westamerica Bancorporation plans on file
Year Plans Participants Total Assets
2022 2 1,285 $83M
2023 2 1,174 $94M
2024 2 1,213 $98M

Nearby Profit Sharing Plans in California

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Westamerica Bancorporation Tax-Deferred Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants

Westamerica Bancorporation Tax-Deferred Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -202468 Total assets ($B) Participants Westamerica Bancorpo…Intel Retirement Con…Scpmg Keogh PlanMotion Picture Indus…Memorialcare Retirem…Cedars-Sinai Health …
Westamerica Bancorporation Tax-Deferred Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Westamerica Bancorporation Tax-Deferred Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Westamerica Bancorporation Tax-Deferred Profit Sharing Plan assets move in 2022?
Westamerica Bancorporation Tax-Deferred Profit Sharing Plan declined sharply - down 19.8% during 2022, from $35M to $28M. Reported net income was -$7M.
How have Westamerica Bancorporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Westamerica Bancorporation's sponsor-wide assets grew 17.8%, from $83M to $98M.
Where does Westamerica Bancorporation Tax-Deferred Profit Sharing Plan rank by assets among Form 5500 filers?
Westamerica Bancorporation Tax-Deferred Profit Sharing Plan ranks in the 82nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Westamerica Bancorporation Tax-Deferred Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Greater Cincinnati Behavioral Health Services Retirement Plan in OH ($28M, 649 participants).

Next read for Westamerica Bancorporation Tax-Deferred …

Scale reading

Ways to act on Westamerica Bancorporation Tax-Deferred Profit Sharing Plan's numbers.

  • By total assets, Westamerica Bancorporation Tax-Deferred Profit Sharing Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in California. Compare plans
  • Westamerica Bancorporation's sponsor-wide assets have grown 17.8% since 2022 across 3 plan years on file. More Finance & Insurance plans