401(k) · DOL Form 5500 · 2023

Heritage Commerce Corp 401(k) Plan

Data updated 2026-08-25

$78M
Total assets Below avg plan size
344
Participants Below avg headcount
89th
Percentile by assets National rank
$225,412
Avg per participant Above avg balance/head
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Official DOL plan name: Heritage Commerce Corp 401(k) Savings Plan · Sponsored by Heritage Commerce Corp · California · Finance & Insurance

$78M in assets, 344 participants

Heritage Commerce Corp's Heritage Commerce Corp 401(k) Savings Plan reported $78M in total assets and 344 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,418 in Finance & Insurance (8,869 peers)

Where Heritage Commerce Corp 401(k) Savings Plan sits by assets

Heritage Commerce Corp 401(k) Savings Plan sits in the top quartile of all filed plans by assets, $78M for 344 participants (~$225,412/participant), up 17.9% in 2023.

#7,418
in Finance & Insurance (8,869 peers)
+17.9%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Heritage Commerce Corp 401(k) Savings Plan's outsized position by total assets

Heritage Commerce Corp 401(k) Savings Plan vs every filed plan by assets

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

$77,541,665 Top 11% higher than 89% 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

Heritage Commerce Corp 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. Heritage Commerce Corp 401(k) Savings Plan sits mid-pack in the medium band (344 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Heritage Commerce Corp 401(k) Savings Plan reported net income rose from -$15M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Heritage Commerce Corp 401(k) Savings Plan end-of-year assets rose from $66M in the plan year 2022 filing to $78M in the plan year 2023 filing.
  • Heritage Commerce Corp 401(k) Savings Plan reported participants rose from 331 in the plan year 2022 filing to 344 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 770469558 · Heritage Commerce Corp PY 2023 · 401(k)

Heritage Commerce Corp 401(k) Savings Plan · $78M · 344 · 89th

  • SCH $78M
  • EBSA 344
  • PART 89th
  • TYPE 401(k)
  • NET near Irex Corporation Employees' Savings Incentive Plan
  • BOOK ind #7418

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 →

Heritage Commerce Corp 401(k) Savings Plan in the asset neighbourhood

Pinnacle Health System 401(k) PlanPinnacle Health System 401(k…$78MEhealth Insurance Services, Inc. 401(k) PlanEhealth Insurance Services, …$78MThe Profit Sharing Plan and Trust of West Coast Paper CompanyThe Profit Sharing Plan and …$78MHeritage Commerce Corp 401(k) Savings PlanHeritage Commerce Corp 401(k…$78MIrex Corporation Employees' Savings Incentive PlanIrex Corporation Employees' …$78M
End-of-year total assets ($M) among Heritage Commerce Corp 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)$66M
Net Assets (End of Year)$78M
Net Income$12M
Employer EIN770469558
Plan Effective Date1994-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Heritage Commerce Corp)

Sponsor-wide plan assets over time

All Heritage Commerce Corp plans reported in each filing year

Latest sponsor-wide plan assets
$88M 31.2015257365755% vs 2022
2024 filing year
$60M$70M$80M$90M$100M 202220232024 $67.2M $88.2M ▲ +31.2%
Year Plans Participants Total Assets
2022 2 496 $67M
2023 2 494 $79M
2024 2 492 $88M

Nearby 401(k) Plans in California

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

Heritage Commerce Corp 401(k) Savings Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Heritage Commerce Corp 401(k) Savings Plan, Total assets ($B): 0.077541665 · Participants: 344Heritage Commerce Corp 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
Heritage Commerce Corp 401(k) Savings Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Heritage Commerce Corp 401(k) Savings Plan side-by-side with 3 peers →

Heritage Commerce Corp 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Irex Corporation Employees' Savings Incentive Plan in PA ($78M); by covered participants it is Ross & Baruzzini, Inc. Profit Sharing Plan in MO (344 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (344 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 Heritage Commerce Corp 401(k) Savings Plan assets move in 2023? ▼
Heritage Commerce Corp 401(k) Savings Plan grew sharply - up 17.9% during 2023, from $66M to $78M. Reported net income was $12M.
How have Heritage Commerce Corp plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Heritage Commerce Corp's sponsor-wide assets grew 31.2%, from $67M to $88M.
Where does Heritage Commerce Corp 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Heritage Commerce Corp 401(k) Savings Plan ranks in the 89th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Heritage Commerce Corp 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Irex Corporation Employees' Savings Incentive Plan in PA ($78M, 327 participants).
Which 401(k) plans cover a similar participant headcount to Heritage Commerce Corp 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ross & Baruzzini, Inc. Profit Sharing Plan in MO (344 participants, N/A 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 770469558.

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.