401(k) · DOL Form 5500 · 2022

Kitsap Bank 401(k) Plan

Data updated 2026-08-25

$46M
Total assets Below avg plan size
259
Participants Below avg headcount
87th
Percentile by assets National rank
$175,787
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Kitsap Bank 401(k) Profit Sharing Plan · Sponsored by Kitsap Bank · Washington · Finance & Insurance

$46M in assets, 259 participants

Kitsap Bank's Kitsap Bank 401(k) Profit Sharing Plan reported $46M in total assets and 259 participants in its 2022 DOL Form 5500 filing, ranking in the 87th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #7,363 in Finance & Insurance (9,261 peers)

Coverage in Washington

Kitsap Bank 401(k) Profit Sharing Plan covers 259 participants in Washington, about 18% of the average Washington filer (state average ~1,476 per filing). Assets: $46M.

#7,363
in Finance & Insurance (9,261 peers)
-16.3%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Kitsap Bank 401(k) Profit Sharing Plan's outsized position by total assets

Kitsap Bank 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$45,528,901 Top 13% higher than 87% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Kitsap Bank 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Kitsap Bank 401(k) Profit Sharing Plan sits mid-pack in the medium band (259 participants).

Form 5500 schedule snapshot

Filing strip 910283150 · Kitsap Bank PY 2022 · 401(k)

Kitsap Bank 401(k) Profit Sharing Plan · $46M · 259 · 87th

  • IND $46M
  • EOY 259
  • 5500 87th
  • ASSETS 401(k)
  • PCT near Its Technologies & Logistics, LLC 401(k) Retirement Savings Plan
  • EIN ind #7363

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Washington →

Kitsap Bank 401(k) Profit Sharing Plan in the asset neighbourhood

Janesville Sand & Gravel Co. and Lycon Inc. Savings & Retirement PlanJanesville Sand & Gravel Co.…$46MKitsap Bank 401(k) Profit Sharing PlanKitsap Bank 401(k) Profit Sh…$46MIts Technologies & Logistics, LLC 401(k) Retirement Savings PlanIts Technologies & Logistics…$46MMark Anthony Group 401(k) PlanMark Anthony Group 401(k) Pl…$46MPiazza Management Company 401(k) PlanPiazza Management Company 40…$46M
End-of-year total assets ($M) among Kitsap Bank 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Washington filing particulars

Total Assets (Beginning of Year)$54M
Net Assets (End of Year)$46M
Net Income-$9M
Employer EIN910283150
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kitsap Bank)

Sponsor-wide plan assets over time

All Kitsap Bank plans reported in each filing year

Latest sponsor-wide plan assets
$57M 25.74907090333676% vs 2022
2024 filing year
$40M$45M$50M$55M$60M 202220232024 $45.5M $57.3M ▲ +25.7%
Year Plans Participants Total Assets
2022 1 259 $46M
2023 1 267 $53M
2024 1 273 $57M

Nearby 401(k) Plans in Washington

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Kitsap Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -500000050000010000001500000 -20020406080 Total assets ($B) Participants Kitsap Bank 401(k) Profit Sharing Plan, Total assets ($B): 0.045528901 · Participants: 259Kitsap Bank 401(k) Profit Sharing PlanThe Boeing Company 401(k) Retirement Plan, Total assets ($B): 63.503643295 · Participants: 118434The Boeing Company 401(k) Retirement PlanMicrosoft Corporation Savings Plus 401(k) Plan, Total assets ($B): 39.602667639 · Participants: 109797Microsoft Corporation Savings Plus 401(k) PlanCostco 401(k) Retirement Plan, Total assets ($B): 25.912962472 · Participants: 181505Costco 401(k) Retirement PlanAmazon 401(k) Plan, Total assets ($B): 17.732345025 · Participants: 1230308Amazon 401(k) PlanT-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust, Total assets ($B): 7.280031396 · Participants: 75797T-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust
Kitsap Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Kitsap Bank 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is Its Technologies & Logistics, LLC 401(k) Retirement Savings Plan in IL ($46M); by covered participants it is Amicus Medical Group, Inc. 401(k) Retirement & Profit Sharing Plan in FL (259 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (259 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Kitsap Bank 401(k) Profit Sharing Plan assets move in 2022?
Kitsap Bank 401(k) Profit Sharing Plan declined sharply - down 16.3% during 2022, from $54M to $46M. Reported net income was -$9M.
How have Kitsap Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Kitsap Bank's sponsor-wide assets grew 25.7%, from $46M to $57M.
Where does Kitsap Bank 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Kitsap Bank 401(k) Profit Sharing Plan ranks in the 87th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Kitsap Bank 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Its Technologies & Logistics, LLC 401(k) Retirement Savings Plan in IL ($46M, 2,755 participants).
Which 401(k) plans cover a similar participant headcount to Kitsap Bank 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Amicus Medical Group, Inc. 401(k) Retirement & Profit Sharing Plan in FL (259 participants, N/A in assets).