Community West Bancshares & Subsidiaries Employees' 401(K) Profit Sharing Plan — Form 5500 plan (Community West Bancshares)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Community West Bancshares & Subsidiaries Employees' 401(K) Profit Sharing Plan is a benefit plan reported by Community West Bancshares under EIN 77-0446957 and plan number 001. The latest loaded filing year is 2023. The filing reports 197 participants and $14,720,993 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$14.7MPlan net assets, end of year$14,720,993
Participants197Covered participants reported
Assets / participant$74.7KComputed: assets ÷ participants$74,726 (computed)
Provider compensation$61K2 Schedule C provider row(s)$61,046
- Plan sponsor
- Community West Bancshares
- EIN
- 77-0446957
- Plan number
- 001
- Plan type
- 2
- Location
- Goleta, CA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 197 | H, C | 20241004160945NAL0006838211001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$14.7M total assets
Net assets$14.7MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $14,720,993
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,720,993
- Net assets (BOY)
- $12,603,446
Income & contributions
- Employer contributions
- $425,357
- Participant contributions
- $1,191,057
- Total contributions
- $1,911,172
- Total income / additions
- $3,881,917
Expenses & distributions
- Benefits paid
- $1,688,234
- Administrative expenses
- $69,128
- Total expenses
- $1,764,370
- Net increase / (decrease)
- $2,117,547
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
26%74%
Employer 26%Participant 74%
Total expenses ÷ net assets12%Computed ratio
Benefits paid ÷ total income43%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $42,735 | $0 | 2023 |
| Channel Wealth LLC | ADVISOR | $18,311 | not reported in the loaded dataset | 2023 |