Profit Sharing · DOL Form 5500 · 2023

Westamerica Bancorporation Profit Sharing Plan

Data updated 2026-08-25

$33M
Total assets Below avg plan size
606
Participants Below avg headcount
80th
Percentile by assets National rank
$54,030
Avg per participant Low balance/head
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Official DOL plan name: Westamerica Bancorporation Tax-Deferred Profit Sharing Plan · Sponsored by Westamerica Bancorporation · California · Finance & Insurance

$33M in assets, 606 participants

Westamerica Bancorporation's Westamerica Bancorporation Tax-Deferred Profit Sharing Plan reported $33M in total assets and 606 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • #6,216 in Finance & Insurance (8,869 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, $33M for 606 participants (~$54,030/participant), up 15.8% in 2023.

#6,216
in Finance & Insurance (8,869 peers)
+15.8%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Westamerica Bancorporation Tax-Deferred Profit Sharing Plan's outsized position by total assets

Westamerica Bancorporation Tax-Deferred Profit Sharing Plan vs every filed plan by assets

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

$32,742,292 Top 20% higher than 80% 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

Westamerica Bancorporation Tax-Deferred Profit Sharing 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. Westamerica Bancorporation Tax-Deferred Profit Sharing Plan sits mid-pack in the medium band (606 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Westamerica Bancorporation Tax-Deferred Profit Sharing Plan reported net income rose from -$7M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Westamerica Bancorporation Tax-Deferred Profit Sharing Plan end-of-year assets rose from $28M in the plan year 2022 filing to $33M in the plan year 2023 filing.
  • Westamerica Bancorporation Tax-Deferred Profit Sharing Plan reported participants fell from 662 in the plan year 2022 filing to 606 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 942156203 · Westamerica Bancorporation PY 2023 · Profit Sharing

Westamerica Bancorporation Tax-Deferred Profit Sharing Plan · $33M · 606 · 80th

  • VS-ST $33M
  • VS-ST 606
  • VS-ST 80th
  • VS-ST Profit Sharing
  • VS-ST near Heritage Christian Services, Inc. Retirement Plan
  • VS-ST ind #6216

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 →

Westamerica Bancorporation Tax-Deferred Profit Sharing Plan in the asset neighbourhood

Plumbers Local 55 Defined Contribution Retirement PlanPlumbers Local 55 Defined Co…$33MRail Group 401(k) & Profit Sharing PlanRail Group 401(k) & Profit S…$33MWestamerica Bancorporation Tax-Deferred Profit Sharing PlanWestamerica Bancorporation T…$33MHeritage Christian Services, Inc. Retirement PlanHeritage Christian Services,…$33MArtis Naples, Inc. Retirement PlanArtis Naples, Inc. Retiremen…$33M
End-of-year total assets ($M) among Westamerica Bancorporation Tax-Deferred Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$33M
Net Income$4M
Employer EIN942156203
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Westamerica Bancorporation)

Sponsor-wide plan assets over time

All Westamerica Bancorporation plans reported in each filing year

Latest sponsor-wide plan assets
$98M 17.823570598969702% vs 2022
2024 filing year
$80M$85M$90M$95M$100M 202220232024 $83.2M $98M ▲ +17.8%
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 Scatter plot of 6 data points. -20000020000400006000080000 -202468 Total assets ($B) Participants Westamerica Bancorporation Tax-Deferred Profit Sharing Plan, Total assets ($B): 0.032742292 · Participants: 606Westamerica Bancorporation Tax-Deferred Profit Sharing PlanIntel Retirement Contribution Plan, Total assets ($B): 7.243052996 · Participants: 21513Intel Retirement Contribution PlanScpmg Keogh Plan, Total assets ($B): 6.822267649 · Participants: 10125Scpmg Keogh PlanMotion Picture Industry Individual Account Plan, Total assets ($B): 5.851994984 · Participants: 71071Motion Picture Industry Individual Account PlanMemorialcare Retirement Plan, Total assets ($B): 1.32726 · Participants: 4728Memorialcare Retirement PlanDisney Retirement Savings Plan, Total assets ($B): 1.092654738 · Participants: 37110Disney Retirement Savings Plan
Westamerica Bancorporation Tax-Deferred Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants
Compare Westamerica Bancorporation Tax-Deferred Profit Sharing Plan side-by-side with 3 peers →

Westamerica Bancorporation Tax-Deferred Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside California, the nearest Profit Sharing by assets is Heritage Christian Services, Inc. Retirement Plan in NY ($33M); by covered participants it is Upland Hills Health 403(b) Retirement Plan in WI (606 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (606 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 Westamerica Bancorporation Tax-Deferred Profit Sharing Plan assets move in 2023? ▼
Westamerica Bancorporation Tax-Deferred Profit Sharing Plan grew sharply - up 15.8% during 2023, from $28M to $33M. Reported net income was $4M.
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 80th 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 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 Heritage Christian Services, Inc. Retirement Plan in NY ($33M, 2,941 participants).
Which Profit Sharing plans cover a similar participant headcount to Westamerica Bancorporation Tax-Deferred Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Upland Hills Health 403(b) Retirement Plan in WI (606 participants, $67M 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 942156203.

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.