401(k) · DOL Form 5500 · 2022
Montecito Bank and Trust 401(k) Plan
Data updated 2026-08-25
- $34M
- Total assets Below avg plan size
- 258
- Participants Below avg headcount
- 84th
- Percentile by assets National rank
- $131,586
- Avg per participant Near avg balance/head
Official DOL plan name: Mb&t Salary Saving Plan · Sponsored by Montecito Bank and Trust · California · Finance & Insurance
$34M in assets, 258 participants
Montecito Bank and Trust's Mb&t Salary Saving Plan reported $34M in total assets and 258 participants in its 2022 DOL Form 5500 filing, ranking in the 84th 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.
- #6,904 in Finance & Insurance (9,261 peers)
Coverage in California
Mb&t Salary Saving Plan covers 258 participants in California, about 41% of the average California filer (state average ~630 per filing). Assets: $34M.
- #6,904
- in Finance & Insurance (9,261 peers)
- -10.9%
- assets change YoY
- 0.3×
- vs typical plan assets (national mean)
The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Mb&t Salary Saving Plan's outsized position by total assets
Mb&t Salary Saving Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$33,949,255 Top 16% higher than 84% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Mb&t Salary Saving Plan among mid-size filed plans by headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mb&t Salary Saving Plan sits mid-pack in the medium band (258 participants).
EBSA filing schedule strip
Filing strip 952900153 · Montecito Bank and Trust PY 2022 · 401(k)
Mb&t Salary Saving Plan · $34M · 258 · 84th
- NET $34M
- BOOK 258
- VS-ST 84th
- BOY 401(k)
- SCH near Plumbers & Pipefitters Local 160 Retirement Plan
- EBSA ind #6904
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in California →
Mb&t Salary Saving Plan in the asset neighbourhood
California filing particulars
| Total Assets (Beginning of Year) | $38M |
|---|---|
| Net Assets (End of Year) | $34M |
| Net Income | -$4M |
| Employer EIN | 952900153 |
| Plan Effective Date | 2018-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Montecito Bank and Trust)
Sponsor-wide plan assets over time
All Montecito Bank and Trust plans reported in each filing year
- Latest sponsor-wide plan assets
- $46M 35.1499907729934% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 258 | $34M |
| 2023 | 1 | 273 | $39M |
| 2024 | 1 | 279 | $46M |
Nearby 401(k) Plans in California
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Wells Fargo & Company 401(k) Plan $45.8B · 205,865
- Google LLC 401(k) Savings Plan $28.9B · 102,963
- Oracle Corporation 401(k) Savings and Investment Plan $21.9B · 46,320
- Chevron Employee Savings Investment Plan $18.6B · 19,946
- Intel 401(k) Savings Plan $18.4B · 54,672
Mb&t Salary Saving Plan's out-of-state 401(k) peers by assets and headcount
Outside California, the nearest 401(k) by assets is Plumbers & Pipefitters Local 160 Retirement Plan in IL ($34M); by covered participants it is Kenall Manufacturing Co. Inc. 401(k) Plan and Profit Sharing Plan and Trust in WI (258 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($34M here).
Similar participant headcount
Nearest other-state filings by covered participants (258 participants); asset peers above are excluded.
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.