Profit Sharing · DOL Form 5500 · 2024

Westamerica Bancorporation Profit Sharing Plan

Data updated 2026-07-24

$34M
Total assets
628
Participants
79th
Percentile by assets
$54,109
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

$34M in assets, 628 participants

Westamerica Bancorporation's Westamerica Bancorporation Tax-Deferred Profit Sharing Plan reported $34M in total assets and 628 participants in its 2024 DOL Form 5500 filing, ranking in the 79th 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.

  • 79th percentile by assets (of 116,472 plans)

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, $34M for 628 participants (~$54,109/participant), up 3.8% in 2024.

$34M
total plan assets (2024 EOY)
628
covered participants
79th
percentile by assets (of 116,472 plans)
$54,109
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Westamerica Bancorporation Tax-Deferred Profit Sharing Plan reported net income fell from $4M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Westamerica Bancorporation Tax-Deferred Profit Sharing Plan end-of-year assets rose from $33M in the plan year 2023 filing to $34M in the plan year 2024 filing.
  • Westamerica Bancorporation Tax-Deferred Profit Sharing Plan reported participants rose from 606 in the plan year 2023 filing to 628 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
California
Industry
Finance & Insurance

Westamerica Bancorporation Tax-Deferred Profit Sharing Plan vs the 2024 asset distribution

By assets, Westamerica Bancorporation Tax-Deferred Profit Sharing Plan outranks 79% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.3x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$33M
Net Assets (End of Year)$34M
Net Income$1M
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 -20246810 Total assets ($B) Participants Westamerica Bancorpo…Scpmg Keogh PlanIntel Retirement Con…Motion Picture Indus…Memorialcare Retirem…Disney Retirement Sa…
Westamerica Bancorporation Tax-Deferred Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants
Compare Westamerica Bancorporation Tax-Deferred … side-by-side with 3 peers →

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 2024? ▼
Westamerica Bancorporation Tax-Deferred Profit Sharing Plan edged up modestly - up 3.8% during 2024, from $33M to $34M. Reported net income was $1M.
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 79th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (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 Lansing Local #826 Glaziers' Retirement Trust Fund in MI ($34M, 106 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

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.