401(k) · DOL Form 5500 · 2024

Open Bank 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
208
Participants Below avg headcount
73rd
Percentile by assets National rank
$111,558
Avg per participant Below avg balance/head
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Official DOL plan name: Open Bank Employee's 401(k) Plan · Sponsored by Open Bank · California · Finance & Insurance

$23M in assets, 208 participants

Open Bank's Open Bank Employee's 401(k) Plan reported $23M in total assets and 208 participants in its 2024 DOL Form 5500 filing, ranking in the 73rd 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.

  • #5,047 in Finance & Insurance (8,549 peers)

Coverage in California

Open Bank Employee's 401(k) Plan covers 208 participants in California, about 33% of the average California filer (state average ~630 per filing). Assets: $23M.

#5,047
in Finance & Insurance (8,549 peers)
+23.1%
assets growth YoY

Open Bank Employee's 401(k) Plan's outsized position by total assets

Open Bank Employee's 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$23,203,978 Top 27% higher than 73% 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

Open Bank Employee's 401(k) 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. Open Bank Employee's 401(k) Plan sits mid-pack in the medium band (208 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Open Bank Employee's 401(k) Plan end-of-year assets rose from $19M in the plan year 2023 filing to $23M in the plan year 2024 filing.
  • Open Bank Employee's 401(k) Plan reported net income rose from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 202274763 · Open Bank PY 2024 · 401(k)

Open Bank Employee's 401(k) Plan · $23M · 208 · 73rd

  • SCH $23M
  • SCH 208
  • SCH 73rd
  • SCH 401(k)
  • SCH near Cybercore Technologies, LLC 401(k) Retirement Plan
  • SCH ind #5047

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 →

Open Bank Employee's 401(k) Plan in the asset neighbourhood

Schrader Bridgeport International, Inc. 401(k) PlanSchrader Bridgeport Internat…$23MOpen Bank Employee's 401(k) PlanOpen Bank Employee's 401(k) …$23MCybercore Technologies, LLC 401(k) Retirement PlanCybercore Technologies, LLC …$23MAmerican Musical Supply 401(k) Profit Sharing PlanAmerican Musical Supply 401(…$23MCentral Montana Medical Center 401(k) PlanCentral Montana Medical Cent…$23M
End-of-year total assets ($M) among Open Bank Employee's 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$23M
Net Income$4M
Employer EIN202274763
Plan Effective Date2005-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Open Bank)

Sponsor-wide plan assets over time

All Open Bank plans reported in each filing year

Latest sponsor-wide plan assets
$23M 52.470672497232016% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $15.2M $23.2M ▲ +52.4%
Year Plans Participants Total Assets
2022 1 173 $15M
2023 1 206 $19M
2024 1 208 $23M

Nearby 401(k) Plans in California

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

Open Bank Employee's 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Open Bank Employee's 401(k) Plan, Total assets ($B): 0.023203978 · Participants: 208Open Bank Employee's 401(k) 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
Open Bank Employee's 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Open Bank Employee's 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Cybercore Technologies, LLC 401(k) Retirement Plan in MD ($23M); by covered participants it is Valley Stream Payroll Corp. 401(k) Plan in NY (208 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (208 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 Open Bank Employee's 401(k) Plan assets move in 2024?
Open Bank Employee's 401(k) Plan grew sharply - up 23.1% during 2024, from $19M to $23M. Reported net income was $4M.
How have Open Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Open Bank's sponsor-wide assets grew 52.5%, from $15M to $23M.
Which 401(k) plans are similar in size to Open Bank Employee's 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Cybercore Technologies, LLC 401(k) Retirement Plan in MD ($23M, 145 participants).
Which 401(k) plans cover a similar participant headcount to Open Bank Employee's 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Valley Stream Payroll Corp. 401(k) Plan in NY (208 participants, $24M in assets).