ESOP · DOL Form 5500 · 2022
1st Security Bank of Washington ESOP
Data updated 2026-08-11
- $16M
- Total assets
- 434
- Participants
- 73rd
- Percentile by assets
- $36,458
- Avg per participant
Official DOL plan name: Fs Bancorp, Inc. Employee Stock Ownership Plan · Sponsored by 1st Security Bank of Washington · Washington · Finance & Insurance
$16M in assets, 434 participants
1st Security Bank of Washington's Fs Bancorp, Inc. Employee Stock Ownership Plan reported $16M in total assets and 434 participants in its 2022 DOL Form 5500 filing, ranking in the 73rd 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.
- 73rd percentile by assets (of 139,126 plans)
- #5,435 in Finance & Insurance (9,261 peers)
Coverage in Washington
Fs Bancorp, Inc. Employee Stock Ownership Plan covers 434 participants in Washington, about 29% of the average Washington filer (state average ~1,476 per filing). Assets: $16M.
- $16M
- total plan assets (2022 EOY)
- 434
- covered participants
- 73rd
- percentile by assets (of 139,126 plans)
- $36,458
- avg assets per participant
The plan reported a net loss of $43K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Washington filers
In Washington, the average filing covers about 1,476 participants across 2,612 plans. Fs Bancorp, Inc. Employee Stock Ownership Plan reports 434 participants - about 29% of that state average ($16M EOY assets).
Washington filing particulars
| Total Assets (Beginning of Year) | $16M |
|---|---|
| Net Assets (End of Year) | $16M |
| Net Income | -$43K |
| Employer EIN | 910459933 |
| Plan Effective Date | 2012-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (1st Security Bank of Washington)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 981 | $57M |
| 2023 | 2 | 1,001 | $69M |
| 2024 | 2 | 998 | $78M |
Nearby ESOP Plans in Washington
Peer ESOP plans, same state, same plan type, ranked by total assets.
Fs Bancorp, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Washington, assets vs. participants
- Schweitzer Engineering Laboratories, Inc. Employee Stock Ownership Plan $1.8B · 3,621
- Triple B Corporation Employee Stock Ownership Plan $283M · 1,096
- Manson Construction Co. Non-Craft Employee Stock Ownership Plan $152M · 322
- Point B, Inc. Employee Stock Ownership Plan and Trust $143M · 768
- The Plexsys Interface Products, Inc. Employee Stock Ownership Plan $131M · 211
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Fs Bancorp, Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
How did Fs Bancorp, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
How have 1st Security Bank of Washington plan assets changed over time? ▼
Which ESOP plans are similar in size to Fs Bancorp, Inc. Employee Stock Ownership Plan? ▼
Next read for Fs Bancorp, Inc. Employee Stock Ownershi…
Filing takeaways
Ways to act on Fs Bancorp, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Fs Bancorp, Inc. Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Washington. Compare plans
- 1st Security Bank of Washington's sponsor-wide assets have grown 37.1% since 2022 across 3 plan years on file. More Finance & Insurance plans