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Original filing (PDF)20251010154619NAL0007970945001
SUNWEST BANK
Form 5500
FILING_RECEIVED
SUNWEST BANK 401(K) PROFIT SHARING PLAN
401(k) retirement plan
Signals · 1
No recordkeeper disclosed
Active participants
273
Accounts w/ balance
360
Plan assets (EOY)
$22.9M
Net assets (EOY)
$22.9M
How this plan invests
This plan
4 pooled trusts
Schedule D
38 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
89
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- 57 bps in Schedule C fees — 96% above peer band of 29 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for SUNWEST BANK.
Plan sponsor
Name
SUNWEST BANK
EIN
95-2630202
Address
2050 MAIN ST., SUITE 300 · IRVINE, CA · 926148279
Phone
(714) 881-3043
Industry
Commercial Banking· Finance & Insurancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-10
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2S · Automatic enrollment
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
EIDE BAILLY LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsAdvisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| THE BALDWIN GROUP WEALTH ADVISORS, | 47-5476782 | — | INVESTMENT ADVISORY | $70K | — |
TPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | 42-0127290 | — | CONTRACT ADMINISTRATOR | $60K | — |
Investments
35 direct securities · 4 pooled funds· $23.4M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Uncategorized
$22.1M
35 holdings
Common Collective Trust
$1.2M
4 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund Mutual Fund | — | — | — | $3.2M | 13.8% | |
| American Funds 2035 Target Mutual Fund | — | — | — | $2.4M | 10.3% | |
| American Funds 2050 Target Mutual Fund | — | — | — | $1.6M | 7.2% | |
| American Funds 2045 Target Mutual Fund | — | — | — | $1.6M | 7.1% | |
| American Funds 2030 Target Mutual Fund | — | — | — | $1.5M | 6.7% | |
| American Funds 2040 Target Mutual Fund | — | — | — | $1.3M | 5.7% | |
| American Funds 2060 Target Mutual Fund | — | — | — | $1.2M | 5.3% | |
| Vanguard Federal Money Market Fund - Investor Class Mutual Fund | — | — | — | $1.1M | 4.8% | |
| American Funds 2055 Target Mutual Fund | — | — | — | $795K | 3.5% | |
| Fidelity Mid Cap Index Fund Mutual Fund | — | — | — | $777K | 3.4% | |
| American Funds 2025 Target Mutual Fund | — | — | — | $655K | 2.9% | |
| Fidelity Small Cap Index Fund Mutual Fund | — | — | — | $639K | 2.8% | |
| LARGE CAP GROWTH FUND II R1 FD GREAT GRAY TRUST COMPANY · EIN 38-4139848 / PN 626 | Common Collective Trust | — | — | $630K | 2.7% | |
| JPMorgan Equity Income Fund - Class R6 Mutual Fund | — | — | — | $591K | 2.6% | |
| American Funds 2020 Target Mutual Fund | — | — | — | $480K | 2.1% | |
| Wilmington Trust Company Mid Cap Growth II CL R1 Fund Mutual Fund | — | — | — | $428K | 1.9% | |
| Notes Receivable from participants Interest rate at 4.25% to 9.50%, maturing through 2054 $0 | — | — | — | $423K | 1.8% | |
| Fidelity International Index Fund Mutual Fund | — | — | — | $340K | 1.5% | |
| Invesco Equally-Weighted S&P 500 R Mutual Fund | — | — | — | $334K | 1.5% | |
| Thornburg Strategic Income R6 Mutual Fund | — | — | — | $298K | 1.3% | |
| MetLife Reliance Stable Value Fund Series 25157 - Class 0 Common Collective Trust | — | — | — | $274K | 1.2% | |
| METLIFE SV FD SER 25053 CL 0 RELIANCE TRUST COMPANY · EIN 46-6625485 / PN 001 | Common Collective Trust | — | — | $274K | 1.2% | |
| American Funds 2065 Target Mutual Fund | — | — | — | $269K | 1.2% | |
| Fidelity U.S. Bond Index Fund Mutual Fund | — | — | — | $269K | 1.2% | |
| INTERNATIONAL GROWTH II R1 FD GREAT GRAY TRUST COMPANY · EIN 38-4139842 / PN 619 | Common Collective Trust | — | — | $257K | 1.1% | |
| Victory Sycamore Established Value Fund - Class R6 Mutual Fund | — | — | — | $218K | 1.0% | |
| American Funds 2070 Target Mutual Fund ** 175 American Funds New World Fund - Class R6 Mutual Fund | — | — | — | $171K | 0.7% | |
| Fidelity Advisor Real Estate Income Fund - Class I Mutual Fund | — | — | — | $148K | 0.6% | |
| Neuberger Berman Management Large Cap Value R6 Fund Mutual Fund | — | — | — | $147K | 0.6% | |
| BlackRock Commodity Strategies K Mutual Fund | — | — | — | $140K | 0.6% | |
| Principal Small Cap Growth Fund I - Class R6 Mutual Fund | — | — | — | $128K | 0.6% | |
| MassMutual Premier High Yield Fund - Class I Mutual Fund | — | — | — | $114K | 0.5% | |
| American Funds 2010 Target Mutual Fund | — | — | — | $94K | 0.4% | |
| (E) | — | — | $72K | $94K | 0.4% | |
| (E) | — | — | — | $93K | 0.4% | |
| JPMorgan Core Plus Bond Fund - Class R6 Mutual Fund | — | — | — | $93K | 0.4% | |
| SMALL CAP VALUE II R1 FUND GREAT GRAY TRUST COMPANY · EIN 38-4126250 / PN 554 | Common Collective Trust | — | — | $78K | 0.3% | |
| American Funds 2015 Target Mutual Fund | — | — | — | $72K | 0.3% | |
| PGIM Short Term Corporate Bond Fund - Class R6 Mutual Fund | — | — | — | $56K | 0.2% |