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Original filing (PDF)20251015094735NAL0005705184001
PREFERRED BANK
Form 5500
FILING_RECEIVED
PREFERRED BANK 401(K) PROFIT SHARING PLAN
401(k) retirement plan
Active participants
312
Accounts w/ balance
333
Plan assets (EOY)
$58.8M
Net assets (EOY)
$58.8M
How this plan invests
This plan
38 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
100
/ 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
100
Vendor stack
100
Participation health
100
Helping the score
- Below-peer total fees (5 bps vs 16 bps peer median).
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for PREFERRED BANK.
Plan sponsor
Name
PREFERRED BANK
EIN
95-4340199
Address
601 SOUTH FIGUEROA STREET · 47TH FLOOR · LOS ANGELES, CA · 90017
Phone
(213) 891-6840
Industry
Commercial Banking· Finance & Insurancesee all
Plan administrator
Name
PENTEGRA
EIN
13-3745616
City
CHARLOTTE, NC
Phone
(844) 367-2848
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-15
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
AUDIT AND TAX SOLUTIONS CPAS
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsRecordkeeper
3| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| NEWPORT GROUP, INC. | 27-2037969 | — | RECORD KEEPER | $30K | — |
| ADP, INC. | 13-3036745 | — | RECORD KEEPER | $970 | — |
| ADP BROKER-DEALER | 22-3319984 | — | RECORD KEEPER | $0 | — |
Investments
38 direct securities· $58.5M(99% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| FID SELECT TECHNOLOGY PORT | Registered Investment Companies | — | — | $6.3M | 10.8% | |
| VANGUARD US GROWTH FUND ADM | Registered Investment Companies | — | — | $5.1M | 8.7% | |
| VANGUARD HEALTH CARE FUND ADM | Registered Investment Companies | — | — | $3.2M | 5.4% | |
| VAN CASH RES FED MON MKT ADMRL | Registered Investment Companies | — | — | $3.2M | 5.4% | |
| VANGUARD DIV GRTH - INV | Registered Investment Companies | — | — | $2.9M | 5.0% | |
| VAN TARGET RETIRE 2025 | Registered Investment Companies | — | — | $2.6M | 4.5% | |
| VANGUARD GROWTH INDEX FUND ADM | Registered Investment Companies | — | — | $2.6M | 4.4% | |
| VAN TARGET RETIRE 2035 | Registered Investment Companies | — | — | $2.5M | 4.3% | |
| VAN TARGET RETIRE 2030 | Registered Investment Companies | — | — | $2.4M | 4.0% | |
| VANG EQUITY INC ADM | Registered Investment Companies | — | — | $2.0M | 3.3% | |
| VAN TARGET RETIRE 2020 | Registered Investment Companies | — | — | $1.9M | 3.2% | |
| VAN TARGET RETIRE 2040 | Registered Investment Companies | — | — | $1.5M | 2.6% | |
| VANG TOT STK MKT IDX - ADMIRAL | Registered Investment Companies | — | — | $1.5M | 2.6% | |
| VANGUARD SM CP GR IDX -ADMIRAL | Registered Investment Companies | — | — | $1.5M | 2.6% | |
| VANGUARD TOT BND MKT IND- ADM | Registered Investment Companies | — | — | $1.4M | 2.4% | |
| DAVIS FINANCIAL Y | Registered Investment Companies | — | — | $1.4M | 2.3% | |
| VANGUARD SMALL CAP INDEX ADMRL | Registered Investment Companies | — | — | $1.3M | 2.2% | |
| VAN INFL PROTECTED SEC - ADMR | Registered Investment Companies | — | — | $1.3M | 2.2% | |
| VAN TARGET RETIRE INC | Registered Investment Companies | — | — | $1.2M | 2.1% | |
| PIMCO TOTAL RETURN FUND - INST | Registered Investment Companies | — | — | $1.2M | 2.0% | |
| VAN TARGET RETIRE 2045 | Registered Investment Companies | — | — | $1.2M | 2.0% | |
| VAN TARGET RETIRE 2055 | Registered Investment Companies | — | — | $1.2M | 2.0% | |
| VANGUARD ENERGY FUND ADMIRAL | Registered Investment Companies | — | — | $1.1M | 1.9% | |
| VAN MID CAP GROWTH - INV | Registered Investment Companies | — | — | $895K | 1.5% | |
| VANGUARD TOT INTL STK IND ADM | Registered Investment Companies | — | — | $867K | 1.5% | |
| VANG HI YLD CORP ADM | Registered Investment Companies | — | — | $806K | 1.4% | |
| DFA SHORT TERM GOVT PORT INST | Registered Investment Companies | — | — | $753K | 1.3% | |
| DFA US TARGETED VAL PORT INST | Registered Investment Companies | — | — | $664K | 1.1% | |
| VAN TARGET RETIRE 2050 | Registered Investment Companies | — | — | $632K | 1.1% | |
| VANGUARD MID CAP INDEX - ADM | Registered Investment Companies | — | — | $623K | 1.1% | |
| MFS UTILITIES R6 | Registered Investment Companies | — | — | $578K | 1.0% | |
| INVESCO DEVELOPING MKTS R6 | Registered Investment Companies | — | — | $455K | 0.8% | |
| JANUS HEND MID CAP VALUE FD N | Registered Investment Companies | — | — | $451K | 0.8% | |
| VANGUARD REAL ESTATE INDEX ADM | Registered Investment Companies | — | — | $428K | 0.7% | |
| VANGUARD INTL GRTH ADM | Registered Investment Companies | — | — | $428K | 0.7% | |
| TEMPLETON GLOBAL BOND FUND R6 | Registered Investment Companies | — | — | $187K | 0.3% | |
| DFA INTL CORE EQUITY 2 INST | Registered Investment Companies | — | — | $128K | 0.2% | |
| FIRST EAGLE OVERSEAS R6 | Registered Investment Companies | — | — | $110K | 0.2% |