401(k) · DOL Form 5500 · 2023

Columbia Banking System, Inc. 401(k) Plan

Data updated 2026-08-11

$695M
Total assets
3,606
Participants
98th
Percentile by assets
$192,827
Avg per participant
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Official DOL plan name: Umpqua Bank 401(k) and Profit Sharing Plan · Sponsored by Columbia Banking System, Inc. · Washington · Finance & Insurance

$695M in assets, 3,606 participants

Columbia Banking System, Inc.'s Umpqua Bank 401(k) and Profit Sharing Plan reported $695M in total assets and 3,606 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 127,072 plans)
  • #8,554 in Finance & Insurance (8,869 peers)

Coverage in Washington

Umpqua Bank 401(k) and Profit Sharing Plan covers 3,606 participants in Washington, 2.4x the typical Washington plan (state average ~1,476 per filing). Assets: $695M.

$695M
total plan assets (2023 EOY)
3,606
covered participants
98th
percentile by assets (of 127,072 plans)
$192,827
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Umpqua Bank 401(k) and Profit Sharing Plan reported net income rose from -$73M in the plan year 2022 filing to $43M in the plan year 2023 filing.
  • Umpqua Bank 401(k) and Profit Sharing Plan end-of-year assets rose from $396M in the plan year 2022 filing to $695M in the plan year 2023 filing.
  • Umpqua Bank 401(k) and Profit Sharing Plan reported participants fell from 3,679 in the plan year 2022 filing to 3,606 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Washington
Industry
Finance & Insurance

Participants vs Washington filers

In Washington, the average filing covers about 1,476 participants across 2,612 plans. Umpqua Bank 401(k) and Profit Sharing Plan reports 3,606 participants - 2.4x that state average ($695M EOY assets).

Washington filing particulars

Total Assets (Beginning of Year)$396M
Net Assets (End of Year)$695M
Net Income$43M
Employer EIN911422237
Plan Effective Date1971-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Columbia Banking System, Inc.)

$600M$650M$700M$750M$800M 202220232024 $645M $761M ▲ +18.0%
Total plan assets by year, all Columbia Banking System, Inc. plans on file
Year Plans Participants Total Assets
2022 2 5,914 $645M
2023 2 5,740 $695M
2024 1 4,927 $761M

Nearby 401(k) Plans in Washington

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

Umpqua Bank 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Umpqua Bank 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -20020406080 Total assets ($B) Participants Umpqua Bank 401(k) a…The Boeing Company 4…Microsoft Corporatio…Costco 401(k) Retire…T-Mobile USA, Inc. 4…401(k) Savings Plan
Umpqua Bank 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in Washington, assets vs. participants
Compare Umpqua Bank 401(k) and Profit Sharing Pl… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Umpqua Bank 401(k) and Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Umpqua Bank 401(k) and Profit Sharing Plan assets move in 2023? ▼
Umpqua Bank 401(k) and Profit Sharing Plan surged - up 75.5% during 2023, from $396M to $695M. Reported net income was $43M.
How have Columbia Banking System, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Columbia Banking System, Inc.'s sponsor-wide assets grew 18.0%, from $645M to $761M.
Where does Umpqua Bank 401(k) and Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Umpqua Bank 401(k) and Profit Sharing Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Umpqua Bank 401(k) and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Caliber Holdings Corporation Retirement Savings Plan in TX ($695M, 27,270 participants).

Next read for Umpqua Bank 401(k) and Profit Sharing Pl…

Filing takeaways

Ways to act on Umpqua Bank 401(k) and Profit Sharing Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 911422237.

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.