401(k) · DOL Form 5500 · 2023

Heritage Financial Corporation 401(k) Plan

Data updated 2026-08-11

$102M
Total assets: 831
Participants: 91st
Percentile by assets: $122,394
Avg per participant

Official DOL plan name: Heritage Financial Corporation 401(k) Profit Sharing Plan and Trust · Sponsored by Heritage Financial Corporation · Washington · Finance & Insurance

$102M in assets, 831 participants

Heritage Financial Corporation's Heritage Financial Corporation 401(k) Profit Sharing Plan and Trust reported $102M in total assets and 831 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

91st percentile by assets (of 127,072 plans)
#7,697 in Finance & Insurance (8,869 peers)

Where Heritage Financial Corporation 401(k) Profit Sharing Plan and Trust sits by assets

Heritage Financial Corporation 401(k) Profit Sharing Plan and Trust sits in the top 10% of all filed plans by assets, $102M for 831 participants (~$122,394/participant), up 15.5% in 2023.

$102M
total plan assets (2023 EOY): 831
covered participants: 91st
percentile by assets (of 127,072 plans): $122,394
avg assets per participant

Where Heritage Financial Corporation 401(k) Profit Sharing Plan and Trust sits by total assets

Heritage Financial Corporation 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$101,709,110 Top 9% higher than 91% of 127,068 filed plans

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

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Heritage Financial Corporation 401(k) Profit Sharing Plan and Trust reported net income rose from -$15M in the plan year 2022 filing to $13M in the plan year 2023 filing.
Heritage Financial Corporation 401(k) Profit Sharing Plan and Trust end-of-year assets rose from $88M in the plan year 2022 filing to $102M in the plan year 2023 filing.
Heritage Financial Corporation 401(k) Profit Sharing Plan and Trust reported participants rose from 787 in the plan year 2022 filing to 831 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Washington

Industry

Finance & Insurance

Heritage Financial Corporation 401(k) Profit Sharing Plan and Trust vs the 2023 asset distribution

By assets, Heritage Financial Corporation 401(k) Profit Sharing Plan and Trust outranks 91% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.0x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$88M
Net Assets (End of Year)	$101M
Net Income	$13M
Employer EIN	911857900
Plan Effective Date	1993-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Heritage Financial Corporation)

Total plan assets by year, all Heritage Financial Corporation plans on file

Year	Plans	Participants	Total Assets
2022	1	787	$88M
2023	1	831	$102M
2024	1	805	$112M

Nearby 401(k) Plans in Washington

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

Heritage Financial Corporation 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Washington, assets vs. participants

The Boeing Company 401(k) Retirement Plan $72.2B · 128,910
Microsoft Corporation Savings Plus 401(k) Plan $53.2B · 123,296
Costco 401(k) Retirement Plan $33.4B · 192,744
T-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust $8.3B · 71,538
401(k) Savings Plan $8.1B · 87,590

Compare Heritage Financial Corporation 401(k) Pr… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Heritage Financial Corporation 401(k) Profit Sharing Plan and Trust by total assets, not by location.

Cabell Huntington Hospital, Inc. Non-Bargaining 401(k) Retirement Plan (WV) $102M · 2,163
Care One Management 401(k) Plan (NJ) $102M · 36
Tandem Diabetes Care, Inc. 401(k) Plan (CA) $102M · 2,499
Unifi Aviation 401(k) Retirement Plan (GA) $102M · 25,217

Frequently Asked Questions

How did Heritage Financial Corporation 401(k) Profit Sharing Plan and Trust assets move in 2023? ▼

Heritage Financial Corporation 401(k) Profit Sharing Plan and Trust grew sharply - up 15.5% during 2023, from $88M to $102M. Reported net income was $13M.

How have Heritage Financial Corporation plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Heritage Financial Corporation's sponsor-wide assets grew 27.4%, from $88M to $112M.

Where does Heritage Financial Corporation 401(k) Profit Sharing Plan and Trust rank by assets among Form 5500 filers? ▼

Heritage Financial Corporation 401(k) Profit Sharing Plan and Trust ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).

Which 401(k) plans are similar in size to Heritage Financial Corporation 401(k) Profit Sharing Plan and Trust? ▼

Among 401(k) plans in other states, the closest by assets is Cabell Huntington Hospital, Inc. Non-Bargaining 401(k) Retirement Plan in WV ($102M, 2,163 participants).

Next read for Heritage Financial Corporation 401(k) Pr…

Scale reading

Ways to act on Heritage Financial Corporation 401(k) Profit Sharing Plan and Trust's numbers.

By total assets, Heritage Financial Corporation 401(k) Profit Sharing Plan and Trust ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Washington. Compare plans
Heritage Financial Corporation's sponsor-wide assets have grown 27.4% 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 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 911857900.