ESOP · DOL Form 5500 · 2024

Heritage Commerce Corp ESOP

Data updated 2026-08-25

$1M
Total assets Small plan by assets
138
Participants Small participant base
24th
Percentile by assets National rank
$8,109
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Heritage Commerce Corp Employee Stock Ownership Plan · Sponsored by Heritage Commerce Corp · California · Finance & Insurance

$1M in assets, 138 participants

Heritage Commerce Corp's Heritage Commerce Corp Employee Stock Ownership Plan reported $1M in total assets and 138 participants in its 2024 DOL Form 5500 filing, ranking in the 24th 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.

  • #1,208 in Finance & Insurance (8,549 peers)

Coverage in California

Heritage Commerce Corp Employee Stock Ownership Plan covers 138 participants in California, about 22% of the average California filer (state average ~630 per filing). Assets: $1M.

#1,208
in Finance & Insurance (8,549 peers)
-3.7%
assets change YoY

The plan reported a net loss of $40K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Heritage Commerce Corp Employee Stock Ownership Plan among the smaller filed plans by assets

Heritage Commerce Corp Employee Stock Ownership Plan vs every filed plan by assets

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

$1,119,028 24th percentile higher than 24% 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 Employee Stock Ownership 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 Employee Stock Ownership Plan sits mid-pack in the medium band (138 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Heritage Commerce Corp Employee Stock Ownership Plan reported net income rose from -$286K in the plan year 2023 filing to -$40K in the plan year 2024 filing.
  • Heritage Commerce Corp Employee Stock Ownership Plan reported participants fell from 150 in the plan year 2023 filing to 138 in the plan year 2024 filing.
  • Heritage Commerce Corp Employee Stock Ownership Plan end-of-year assets fell from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 770469558 · Heritage Commerce Corp PY 2024 · ESOP

Heritage Commerce Corp Employee Stock Ownership Plan · $1M · 138 · 24th

  • PHOTO $1M
  • PHOTO 138
  • PHOTO 24th
  • PHOTO ESOP
  • PHOTO near Venuworks, Inc. Employee Stock Ownership Plan
  • PHOTO ind #1208

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 What is an ESOP? → · Plans in California →

Heritage Commerce Corp Employee Stock Ownership Plan in the asset neighbourhood

Ulrich, Inc. Employee Stock Ownership PlanUlrich, Inc. Employee Stock …$1MHeritage Commerce Corp Employee Stock Ownership PlanHeritage Commerce Corp Emplo…$1MVenuworks, Inc. Employee Stock Ownership PlanVenuworks, Inc. Employee Sto…$1MThe Galt Group, Inc. Employee Stock Ownership Plan and TrustThe Galt Group, Inc. Employe…$1MDenali Brewing Employee Stock Ownership PlanDenali Brewing Employee Stoc…$1M
End-of-year total assets ($M) among Heritage Commerce Corp Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$1M
Net Income-$40K
Employer EIN770469558
Plan Effective Date1997-01-01
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 ESOP Plans in California

Peer ESOP plans, same state, same plan type, ranked by total assets.

Heritage Commerce Corp Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -20246 Total assets ($B) Participants Heritage Commerce Corp Employee Stock Ownership Plan, Total assets ($B): 0.001119028 · Participants: 138Heritage Commerce Corp Employee Stock Ownership PlanParsons Employee Stock Ownership Plan, Total assets ($B): 4.994512995 · Participants: 8040Parsons Employee Stock Ownership PlanAcco Employee Stock Ownership Plan, Total assets ($B): 1.694943363 · Participants: 1499Acco Employee Stock Ownership PlanRosendin Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.538046697 · Participants: 1998Rosendin Electric, Inc. Employee Stock Ownership PlanEcc Employee Stock Ownership Plan, Total assets ($B): 0.632082376 · Participants: 317Ecc Employee Stock Ownership PlanAgron, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.596115632 · Participants: 68Agron, Inc. Employee Stock Ownership Plan
Heritage Commerce Corp Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants
Compare Heritage Commerce Corp Employee Stock Ownership Plan side-by-side with 3 peers →

Heritage Commerce Corp Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside California, the nearest ESOP by assets is Venuworks, Inc. Employee Stock Ownership Plan in IA ($1M); by covered participants it is Total Water Treatment Systems, Inc. Employee Stock Ownership Plan in WI (138 participants). Same-state nearby plans are listed separately above.

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 Employee Stock Ownership Plan assets move in 2024? ▼
Heritage Commerce Corp Employee Stock Ownership Plan edged down modestly - down 3.7% during 2024, from $1M to $1M. Reported net income was -$40K.
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 Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Heritage Commerce Corp Employee Stock Ownership Plan ranks in the 24th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Heritage Commerce Corp Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Venuworks, Inc. Employee Stock Ownership Plan in IA ($1M, 390 participants).
Which ESOP plans cover a similar participant headcount to Heritage Commerce Corp Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Total Water Treatment Systems, Inc. Employee Stock Ownership Plan in WI (138 participants, $17M 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.