401(k) · DOL Form 5500 · 2023

Washington Federal Bank 401(k) Plan

Data updated 2026-08-11

$190M
Total assets
2,077
Participants
95th
Percentile by assets
$91,613
Avg per participant
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Official DOL plan name: Washington Federal Bank 401(k) Plan · Sponsored by Washington Federal Bank · Washington · Finance & Insurance

$190M in assets, 2,077 participants

Washington Federal Bank's Washington Federal Bank 401(k) Plan reported $190M in total assets and 2,077 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 127,072 plans)
  • #8,098 in Finance & Insurance (8,869 peers)

Where Washington Federal Bank 401(k) Plan sits by assets

Washington Federal Bank 401(k) Plan sits in the top 5% of all filed plans by assets, $190M for 2,077 participants (~$91,613/participant), up 18.8% in 2023.

$190M
total plan assets (2023 EOY)
2,077
covered participants
95th
percentile by assets (of 127,072 plans)
$91,613
avg assets per participant

Where Washington Federal Bank 401(k) Plan sits by total assets

Washington Federal Bank 401(k) Plan vs every filed plan by assets

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

$190,279,623 Top 5% higher than 95% of 127,068 filed plans

This plan $0 $2,010,000,000 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 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Washington Federal Bank 401(k) Plan reported net income rose from -$26M in the plan year 2022 filing to $30M in the plan year 2023 filing.
  • Washington Federal Bank 401(k) Plan end-of-year assets rose from $160M in the plan year 2022 filing to $190M in the plan year 2023 filing.
  • Washington Federal Bank 401(k) Plan reported participants rose from 2,046 in the plan year 2022 filing to 2,077 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Washington Federal Bank 401(k) Plan vs the 2023 asset distribution

By assets, Washington Federal Bank 401(k) Plan outranks 95% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.9x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$160M
Net Assets (End of Year)$190M
Net Income$30M
Employer EIN910135860
Plan Effective Date1947-10-27
Filing StatusFILING RECEIVED

Sponsor Plan History (Washington Federal Bank)

$140M$160M$180M$200M$220M$240M 202220232024 $160M $225M ▲ +40.7%
Total plan assets by year, all Washington Federal Bank plans on file
Year Plans Participants Total Assets
2022 1 2,046 $160M
2023 1 2,077 $190M
2024 1 2,055 $225M

Nearby 401(k) Plans in Washington

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

Washington Federal Bank 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Washington Federal Bank 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -20020406080 Total assets ($B) Participants Washington Federal B…The Boeing Company 4…Microsoft Corporatio…Costco 401(k) Retire…T-Mobile USA, Inc. 4…401(k) Savings Plan
Washington Federal Bank 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Washington Federal Bank 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Washington Federal Bank 401(k) Plan assets move in 2023?
Washington Federal Bank 401(k) Plan grew sharply - up 18.8% during 2023, from $160M to $190M. Reported net income was $30M.
How have Washington Federal Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Washington Federal Bank's sponsor-wide assets grew 40.7%, from $160M to $225M.
Where does Washington Federal Bank 401(k) Plan rank by assets among Form 5500 filers?
Washington Federal Bank 401(k) Plan ranks in the 95th 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 Washington Federal Bank 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Croda Inc. Retirement Savings Plan in NJ ($190M, 946 participants).

Next read for Washington Federal Bank 401(k) Plan

Scale reading

Ways to act on Washington Federal Bank 401(k) Plan's numbers.