Back to filter
Original filing (PDF)20251009183151NAL0007437425001
HERITAGE COMMERCE CORP
Form 5500
FILING_RECEIVED
HERITAGE COMMERCE CORP EMPLOYEE STOCK OWNERSHIP PLAN
Defined-contribution retirement plan
Signals · 3
70% in single holding70% employer stockNo recordkeeper disclosed
Active participants
129
Accounts w/ balance
188
Plan assets (EOY)
$1.1M
Net assets (EOY)
$1.1M
How this plan invests
This plan
3 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
82
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
50
Total plan cost
75
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "Heritage Commerce Corp Common stock - 83,319 shares" is 70% of plan.
- 70% of plan in employer / sponsor stock.
- No recordkeeper disclosed on Schedule C.
Helping the score
- No Schedule C compensation disclosed — likely a small plan or unbundled.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for HERITAGE COMMERCE CORP.
Plan sponsor
Name
HERITAGE COMMERCE CORP
EIN
77-0469558
Address
224 AIRPORT PARKWAY · SAN JOSE, CA · 95110
Phone
(408) 947-6900
Industry
Finance & Insurancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
004
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-09
Pension benefit codes
2I · Stock bonus
2O · ESOP (non-leveraged)
Audit & trust (Schedule H)
Auditor
CROWE, LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
No Schedule C providers reportedInvestments
3 direct securities· $1.1M(100% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Heritage Commerce Corp Common stock - 83,319 shares | — | — | $690K | $782K | 69.8% | |
| Ameriprise Insured Money Market Money Market Mutual Fund | — | — | $314K | $314K | 28.1% | |
| Heritage Bank of Commerce Money Market Deposit Account | — | — | $24K | $24K | 2.1% |
Related plans
Similar-size Finance & Insurance plans
THE FIRST NATIONAL BANK OF NOKOMIS
THE FIRST NATIONAL BANK OF NOKOMIS 401(K) PLAN
$1.1M · 38 participants
BANK OF GLEASON
BANK OF GLEASON RETIREMENT PENSION PLAN
$1.1M · 17 participants
CENTURY SAVINGS AND LOAN ASSOCIATION
CENTURYS RETIREMENT PLAN 401K
$1.1M · 8 participants
RIVERSIDE SAVINGS BANK SSB
RIVERSIDE SAVINGS BANK SSB 401K RETIREMENT PLAN
$1.1M · 16 participants
OCWEN FINANCIAL CORPORATION
BERKELEY FEDERAL SAVINGS BANK EMPLOYEES' RETIREMENT PLAN
$1.2M
FARMERS AND MERCHANTS BANK OF MOUND CITY
FARMERS AND MERCHANTS BANK OF MOUND CITY PROFIT SHARING PLAN AND TRUST
$1.1M · 7 participants
Large plans in California
BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A.
EQUITY INDEX FUND
$215.1B
BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A.
EQUITY INDEX FUND E
$190.9B
BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A.
EQUITY INDEX FUND F
$188.1B
BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A.
RUSSELL 1000 INDEX FUND
$187.7B
BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A.
CASH EQUIVALENT FUND II
$125.0B
BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A.
BLACKROCK MSCI ACWI EX-US IMI INDEX FUND E
$88.3B