ESOP · DOL Form 5500 · 2022

First Financial Northwest, Inc. ESOP

Data updated 2026-08-11

$13M
Total assets: 99
Participants: 70th
Percentile by assets: $128,538
Avg per participant

Official DOL plan name: First Financial Northwest, Inc. Employee Stock Ownership Plan · Sponsored by First Financial Northwest, Inc. · Washington · Finance & Insurance

$13M in assets, 99 participants

First Financial Northwest, Inc.'s First Financial Northwest, Inc. Employee Stock Ownership Plan reported $13M in total assets and 99 participants in its 2022 DOL Form 5500 filing, ranking in the 70th 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.

70th percentile by assets (of 139,126 plans)
#4,964 in Finance & Insurance (9,261 peers)

First Financial Northwest, Inc. multi-year trail

First Financial Northwest, Inc.'s plans moved -55.2% in assets from 2022 to 2024; this filing shows First Financial Northwest, Inc. Employee Stock Ownership Plan at $13M / 99 participants.

$13M
total plan assets (2022 EOY): 99
covered participants: 70th
percentile by assets (of 139,126 plans): $128,538
avg assets per participant

The plan reported a net loss of $124K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where First Financial Northwest, Inc. Employee Stock Ownership Plan sits by total assets

First Financial Northwest, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$12,725,267 Top 30% higher than 70% of 139,123 filed plans

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

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

State

Washington

Industry

Finance & Insurance

First Financial Northwest, Inc. across 3 plan years on file

Across the 3 plan years First Financial Northwest, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $25M to $11M, a decline of 55.2%, while reported participants moved from 228 to 277 (+21.5%). Peak year by sponsor assets: 2023 ($26M); trough: 2024 ($11M).

First Financial Northwest, Inc. multi-year asset trail

Total plan assets by year, all First Financial Northwest, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	228	$25M
2023	2	255	$26M
2024	2	277	$11M

First Financial Northwest, Inc. filing trail (2022)

Total Assets (Beginning of Year)	$14M
Net Assets (End of Year)	$13M
Net Income	-$124K
Employer EIN	260610707
Plan Effective Date	2007-10-09
Filing Status	FILING RECEIVED

Nearby ESOP Plans in Washington

Peer ESOP plans, same state, same plan type, ranked by total assets.

First Financial Northwest, 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

Compare First Financial Northwest, Inc. Employee… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to First Financial Northwest, Inc. Employee Stock Ownership Plan by total assets, not by location.

Total Water Treatment Systems, Inc. Employee Stock Ownership Plan (WI) $13M · 117
Paramount Export Company Employee Stock Ownership Plan (CA) $13M · 62
The Law Company, Inc. Employee Stock Ownership Plan (KS) $13M · 124
Infinity Drywall Contracting, Inc. Employee Stock Ownership Plan (CA) $13M · 69

Frequently Asked Questions

How did First Financial Northwest, Inc. Employee Stock Ownership Plan assets move in 2022? ▼

First Financial Northwest, Inc. Employee Stock Ownership Plan pulled back noticeably - down 9.2% during 2022, from $14M to $13M. Reported net income was -$124K.

How have First Financial Northwest, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), First Financial Northwest, Inc.'s sponsor-wide assets declined 55.2%, from $25M to $11M.

Which ESOP plans are similar in size to First Financial Northwest, Inc. Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Total Water Treatment Systems, Inc. Employee Stock Ownership Plan in WI ($13M, 117 participants).

Next read for First Financial Northwest, Inc. Employee…

Multi-year trail

Ways to act on First Financial Northwest, Inc. Employee Stock Ownership Plan's numbers.

By total assets, First Financial Northwest, 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
First Financial Northwest, Inc.'s sponsor-wide assets have declined 55.2% since 2022 across 3 plan years on file. More Finance & Insurance plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 260610707.