401(k) · DOL Form 5500 · 2024

Heritage Commerce Corp 401(k) Plan

Data updated 2026-08-25

$87M
Total assets Below avg plan size
354
Participants Below avg headcount
89th
Percentile by assets National rank
$245,935
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Heritage Commerce Corp 401(k) Savings Plan · Sponsored by Heritage Commerce Corp · California · Finance & Insurance

$87M in assets, 354 participants

Heritage Commerce Corp's Heritage Commerce Corp 401(k) Savings Plan reported $87M in total assets and 354 participants in its 2024 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.

  • #7,142 in Finance & Insurance (8,549 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, $87M for 354 participants (~$245,935/participant), up 12.3% in 2024.

#7,142
in Finance & Insurance (8,549 peers)
+12.3%
assets growth YoY
0.9×
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 2024 · DOL Form 5500

$87,060,868 Top 11% higher than 89% of 123,620 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 2024

Heritage Commerce Corp 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2024 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 (354 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Heritage Commerce Corp 401(k) Savings Plan reported net income fell from $12M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • Heritage Commerce Corp 401(k) Savings Plan end-of-year assets rose from $78M in the plan year 2023 filing to $87M in the plan year 2024 filing.
  • Heritage Commerce Corp 401(k) Savings Plan reported participants rose from 344 in the plan year 2023 filing to 354 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 770469558 · Heritage Commerce Corp PY 2024 · 401(k)

Heritage Commerce Corp 401(k) Savings Plan · $87M · 354 · 89th

  • IND $87M
  • EOY 354
  • 5500 89th
  • ASSETS 401(k)
  • PCT near J-Berd Mechanical Contractors, Inc. 401(k) Plan
  • EIN ind #7142

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

Advanced Engineering and Environmental Services, LLC Profit Sharing 401(k) PlanAdvanced Engineering and Env…$87MJ-Berd Mechanical Contractors, Inc. 401(k) PlanJ-Berd Mechanical Contractor…$87MHeritage Commerce Corp 401(k) Savings PlanHeritage Commerce Corp 401(k…$87MIndependence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions)Independence Bancshares, Inc…$87MAdvarra 401(k) Plan$87M
End-of-year total assets ($M) among Heritage Commerce Corp 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$78M
Net Assets (End of Year)$87M
Net Income$10M
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. -50000050000100000150000 -200204060 Total assets ($B) Participants Heritage Commerce Corp 401(k) Savings Plan, Total assets ($B): 0.087060868 · Participants: 354Heritage Commerce Corp 401(k) Savings PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 401(k) Plan, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 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 J-Berd Mechanical Contractors, Inc. 401(k) Plan in MN ($87M); by covered participants it is Harper Systems, Inc. 401(k) Plan in TX (354 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (354 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Heritage Commerce Corp 401(k) Savings Plan grew at a solid clip - up 12.3% during 2024, from $78M to $87M. Reported net income was $10M.
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 123,622 plans that reported assets for plan year 2024 (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 J-Berd Mechanical Contractors, Inc. 401(k) Plan in MN ($87M, 750 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 Harper Systems, Inc. 401(k) Plan in TX (354 participants, N/A in assets).

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 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.