OPEN BANK EMPLOYEE'S 401(K) PLAN

Plan Contact

  • Address: 1000 WILSHIRE BLVD. SUITE 500,LOS ANGELES,CA
  • Contact person: KRISTY KANG
  • Phone: (213) 892-9999

Plan General Information

OPEN BANK EMPLOYEE'S 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of OPEN BANK EMPLOYEE'S 401(K) PLAN is $18,857,083.00.This plan was established in 2005.

OPEN BANK EMPLOYEE'S 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in OPEN BANK EMPLOYEE'S 401(K) PLAN is 279

OPEN BANK EMPLOYEE'S 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for OPEN BANK EMPLOYEE'S 401(K) PLAN is $67,588.00

OPEN BANK EMPLOYEE'S 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for OPEN BANK EMPLOYEE'S 401(K) PLAN is $7,038.00.

OPEN BANK EMPLOYEE'S 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in OPEN BANK EMPLOYEE'S 401(K) PLAN is approximately $3,520.00
Investing in this additonal $3,520.00 for 20 years would give you extra $225,331.00, assuming a 10% annual return.

OPEN BANK EMPLOYEE'S 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, OPEN BANK EMPLOYEE'S 401(K) PLAN allocates $982,303.00 to match its employees' contributions, providing an employer match rate of 57.91% of their contributions

OPEN BANK EMPLOYEE'S 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of OPEN BANK EMPLOYEE'S 401(K) PLAN is 23.91%.

OPEN BANK EMPLOYEE'S 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for OPEN BANK EMPLOYEE'S 401(K) PLAN is 16.70%. This measures the effectiveness of the plan participants' investments in the year.

OPEN BANK EMPLOYEE'S 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of OPEN BANK EMPLOYEE'S 401(K) PLAN is 0.31%.

Enrollment Features

OPEN BANK EMPLOYEE'S 401(K) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.

Recent Articles

Free newsletters

High quality resources for 401k, 403b, 529 retirement plans on investment, contribution, fees, retirement planning and much more …

Puzzled on what to invest?

  • We ask a few questions to decide your personal return and risk expectations
  • We build a custom portfolio for your plan (401(k), 403(b), 529 …) or for a  brokerage account
  • We monitor and send timely rebalance emails on what investment funds to buy and sell

Get Started

Looking for ideas to generate income?

  • ETF or mutual fund income portfolios for 4-7% annual income
  • Dividend stock funds
  • Passive real estate investments
  • more …

Click for tips and plans for income

Portfolio Calculator (Simulator)

Quickly enter fund allocation and get a back test result on the performance of this ‘lazy’ portfolio.

Customize Asset Allocation Portfolios

Build a custom model portfolio using our asset strategic or tactical strategies, tailored to a 401(k) plan or for a brokerage account.

Retirement Calculator

See how much you can save for retirement.

Investment Calculator

Grow your wealth and see the power of compounding.


Looking for a (forgotten) 401(k)?

Find plan contact info, plan expenses, investment options, rollover your old plan, or learn how to select investments on your 401k plan …