401(k) · DOL Form 5500 · 2022

First Western Bank & Trust 401(k) Plan

Data updated 2026-08-25

$33M
Total assets Below avg plan size
367
Participants Below avg headcount
84th
Percentile by assets National rank
$89,488
Avg per participant Below avg balance/head
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Official DOL plan name: First Western Bank & Trust 401(k) · Sponsored by First Western Bank & Trust · North Dakota · Finance & Insurance

$33M in assets, 367 participants

First Western Bank & Trust's First Western Bank & Trust 401(k) reported $33M in total assets and 367 participants in its 2022 DOL Form 5500 filing, ranking in the 84th 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.

  • #6,843 in Finance & Insurance (9,261 peers)

Where First Western Bank & Trust 401(k) sits by assets

First Western Bank & Trust 401(k) sits in the top quartile of all filed plans by assets, $33M for 367 participants (~$89,488/participant), down 5.3% in 2022.

#6,843
in Finance & Insurance (9,261 peers)
-5.3%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First Western Bank & Trust 401(k)'s outsized position by total assets

First Western Bank & Trust 401(k) vs every filed plan by assets

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

$32,842,128 Top 16% higher than 84% 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

First Western Bank & Trust 401(k) 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. First Western Bank & Trust 401(k) sits mid-pack in the medium band (367 participants).

Plan-year Form 5500 strip

Filing strip 450279825 · First Western Bank & Trust PY 2022 · 401(k)

First Western Bank & Trust 401(k) · $33M · 367 · 84th

  • BOY $33M
  • SCH 367
  • EBSA 84th
  • PART 401(k)
  • TYPE near C.F.G. 401(k) Plan
  • NET ind #6843

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 North Dakota →

First Western Bank & Trust 401(k) in the asset neighbourhood

Bms Intermediaries, Inc. 401(k) PlanBms Intermediaries, Inc. 401…$33MValley Strong Credit Union Plan and TrustValley Strong Credit Union P…$33MCitizens Bank of Las Cruces Employee Stock Ownership & Profit Sharing PlanCitizens Bank of Las Cruces …$33MFirst Western Bank & Trust 401(k)First Western Bank & Trust 4…$33MC.F.G. 401(k) Plan$33M
End-of-year total assets ($M) among First Western Bank & Trust 401(k) and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$33M
Net Income-$2M
Employer EIN450279825
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Western Bank & Trust)

Sponsor-wide plan assets over time

All First Western Bank & Trust plans reported in each filing year

Latest sponsor-wide plan assets
$44M 32.98341386404681% vs 2022
2024 filing year
$30M$35M$40M$45M 202220232024 $32.8M $43.7M ▲ +33.0%
Year Plans Participants Total Assets
2022 1 367 $33M
2023 1 303 $40M
2024 1 302 $44M

Nearby 401(k) Plans in North Dakota

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

First Western Bank & Trust 401(k) vs. nearby 401(k) plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -10123 Total assets ($B) Participants First Western Bank & Trust 401(k), Total assets ($B): 0.032842128 · Participants: 367First Western Bank & Trust 401(k)Sanford Retirement Savings Plan, Total assets ($B): 2.448470251 · Participants: 30145Sanford Retirement Savings PlanMdu Resources Group, Inc. 401(k) Retirement Plan, Total assets ($B): 1.321268405 · Participants: 8525Mdu Resources Group, Inc. 401(k) Retirement PlanDakotas Areawide IBEW-NECA Savings and Retirement Plan, Total assets ($B): 0.446081759 · Participants: 3784Dakotas Areawide IBEW-NECA Savings and Retirement PlanEide Bailly LLP 401(k) Profit Sharing Plan, Total assets ($B): 0.410790544 · Participants: 2612Eide Bailly LLP 401(k) Profit Sharing PlanOffutt Companies 401(k) Savings Plan, Total assets ($B): 0.402778064 · Participants: 5088Offutt Companies 401(k) Savings Plan
First Western Bank & Trust 401(k) vs. nearby 401(k) plans in North Dakota, assets vs. participants
Compare First Western Bank & Trust 401(k) side-by-side with 3 peers →

First Western Bank & Trust 401(k)'s out-of-state 401(k) peers by assets and headcount

Outside North Dakota, the nearest 401(k) by assets is C.F.G. 401(k) Plan in NJ ($33M); by covered participants it is Lafayette Venetian Blind, Inc. 401(k) Ret Savings Plan in IN (367 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (367 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 First Western Bank & Trust 401(k) assets move in 2022? ▼
First Western Bank & Trust 401(k) pulled back noticeably - down 5.3% during 2022, from $35M to $33M. Reported net income was -$2M.
How have First Western Bank & Trust plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Western Bank & Trust's sponsor-wide assets grew 33.0%, from $33M to $44M.
Where does First Western Bank & Trust 401(k) rank by assets among Form 5500 filers? ▼
First Western Bank & Trust 401(k) ranks in the 84th 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 First Western Bank & Trust 401(k)? ▼
Among 401(k) plans in other states, the closest by assets is C.F.G. 401(k) Plan in NJ ($33M, 996 participants).
Which 401(k) plans cover a similar participant headcount to First Western Bank & Trust 401(k)? ▼
Among 401(k) plans in other states, the closest by covered participants is Lafayette Venetian Blind, Inc. 401(k) Ret Savings Plan in IN (367 participants, $24M in assets).

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 450279825.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.