401(k) · DOL Form 5500 · 2023

Hanmi Bank 401(k) Plan

Data updated 2026-08-25

$119M
Total assets Near avg plan size
624
Participants Below avg headcount
92nd
Percentile by assets National rank
$190,698
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hanmi Bank Profit Sharing & 401(k) Savings Plan · Sponsored by Hanmi Bank · California · Finance & Insurance

$119M in assets, 624 participants

Hanmi Bank's Hanmi Bank Profit Sharing & 401(k) Savings Plan reported $119M in total assets and 624 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • #7,825 in Finance & Insurance (8,869 peers)

Where Hanmi Bank Profit Sharing & 401(k) Savings Plan sits by assets

Hanmi Bank Profit Sharing & 401(k) Savings Plan sits in the top 10% of all filed plans by assets, $119M for 624 participants (~$190,698/participant), up 25.8% in 2023.

#7,825
in Finance & Insurance (8,869 peers)
+25.8%
assets growth YoY
1.2×
vs typical plan assets (national mean)

Hanmi Bank Profit Sharing & 401(k) Savings Plan's outsized position by total assets

Hanmi Bank Profit Sharing & 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$118,995,846 Top 8% higher than 92% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Hanmi Bank Profit Sharing & 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hanmi Bank Profit Sharing & 401(k) Savings Plan sits mid-pack in the medium band (624 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hanmi Bank Profit Sharing & 401(k) Savings Plan reported net income rose from -$20M in the plan year 2022 filing to $24M in the plan year 2023 filing.
  • Hanmi Bank Profit Sharing & 401(k) Savings Plan end-of-year assets rose from $95M in the plan year 2022 filing to $119M in the plan year 2023 filing.
  • Hanmi Bank Profit Sharing & 401(k) Savings Plan reported participants rose from 602 in the plan year 2022 filing to 624 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 953689695 · Hanmi Bank PY 2023 · 401(k)

Hanmi Bank Profit Sharing & 401(k) Savings Plan · $119M · 624 · 92nd

  • IND $119M
  • IND 624
  • IND 92nd
  • IND 401(k)
  • IND near Essentra USA Deferred Savings Plan
  • IND ind #7825

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 →

Hanmi Bank Profit Sharing & 401(k) Savings Plan in the asset neighbourhood

Hanmi Bank Profit Sharing & 401(k) Savings PlanHanmi Bank Profit Sharing & …$119MEssentra USA Deferred Savings PlanEssentra USA Deferred Saving…$119MGila River Gaming Enterprises, Inc. 401(k) Plan and TrustGila River Gaming Enterprise…$119MDdi Employees' Retirement PlanDdi Employees' Retirement Pl…$119MEmergency Physicians of Tidewater, PLC 401(k) & Profit Sharing PlanEmergency Physicians of Tide…$119M
End-of-year total assets ($M) among Hanmi Bank Profit Sharing & 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$95M
Net Assets (End of Year)$119M
Net Income$24M
Employer EIN953689695
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hanmi Bank)

Sponsor-wide plan assets over time

All Hanmi Bank plans reported in each filing year

Latest sponsor-wide plan assets
$144M 52.142277932711565% vs 2022
2024 filing year
$80M$100M$120M$140M$160M 202220232024 $94.6M $144M ▲ +52.2%
Year Plans Participants Total Assets
2022 1 602 $95M
2023 1 624 $119M
2024 1 615 $144M

Nearby 401(k) Plans in California

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Hanmi Bank Profit Sharing & 401(k) Savings Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Hanmi Bank Profit Sharing & 401(k) Savings Plan, Total assets ($B): 0.118995846 · Participants: 624Hanmi Bank Profit Sharing & 401(k) Savings PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Hanmi Bank Profit Sharing & 401(k) Savings Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Hanmi Bank Profit Sharing & 401(k) Savings Plan side-by-side with 3 peers →

Hanmi Bank Profit Sharing & 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Essentra USA Deferred Savings Plan in IL ($119M); by covered participants it is Radius Aerospace, Inc. 401(k) Plan in AR (624 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (624 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Hanmi Bank Profit Sharing & 401(k) Savings Plan assets move in 2023? ▼
Hanmi Bank Profit Sharing & 401(k) Savings Plan grew sharply - up 25.8% during 2023, from $95M to $119M. Reported net income was $24M.
How have Hanmi Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hanmi Bank's sponsor-wide assets grew 52.1%, from $95M to $144M.
Where does Hanmi Bank Profit Sharing & 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Hanmi Bank Profit Sharing & 401(k) Savings Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Hanmi Bank Profit Sharing & 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Essentra USA Deferred Savings Plan in IL ($119M, 742 participants).
Which 401(k) plans cover a similar participant headcount to Hanmi Bank Profit Sharing & 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Radius Aerospace, Inc. 401(k) Plan in AR (624 participants, $28M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 953689695.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.