401(k) · DOL Form 5500 · 2023

Washington Federal Bank 401(k) Plan

Data updated 2026-08-25

$190M
Total assets Near avg plan size
2,077
Participants Near avg headcount
95th
Percentile by assets National rank
$91,613
Avg per participant Below avg balance/head
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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.

  • #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.

#8,098
in Finance & Insurance (8,869 peers)
+18.8%
assets growth YoY
1.9×
vs typical plan assets (national mean)

Washington Federal Bank 401(k) Plan's outsized position 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 $2,050,000,000 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 2023

Washington Federal Bank 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Washington Federal Bank 401(k) Plan lands in the large band (2,077 participants).

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 →

Form 5500 schedule snapshot

Filing strip 910135860 · Washington Federal Bank PY 2023 · 401(k)

Washington Federal Bank 401(k) Plan · $190M · 2,077 · 95th

  • PART $190M
  • PART 2,077
  • PART 95th
  • PART 401(k)
  • PART near Croda Inc. Retirement Savings Plan
  • PART ind #8098

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 Washington →

Washington Federal Bank 401(k) Plan in the asset neighbourhood

Cinemark USA, Inc. Plan and TrustCinemark USA, Inc. Plan and …$190MCroda Inc. Retirement Savings PlanCroda Inc. Retirement Saving…$190MWashington Federal Bank 401(k) PlanWashington Federal Bank 401(…$190MExp U.S. Services, Inc. Saving and Retirement PlanExp U.S. Services, Inc. Savi…$190MNow Inc. 401(k) and Retirement Savings PlanNow Inc. 401(k) and Retireme…$190M
End-of-year total assets ($M) among Washington Federal Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

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)

Sponsor-wide plan assets over time

All Washington Federal Bank plans reported in each filing year

Latest sponsor-wide plan assets
$225M 40.65255279262484% vs 2022
2024 filing year
$140M$160M$180M$200M$220M$240M 202220232024 $160M $225M ▲ +40.7%
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 Scatter plot of 6 data points. -50000050000100000150000200000250000 -20020406080 Total assets ($B) Participants Washington Federal Bank 401(k) Plan, Total assets ($B): 0.190279623 · Participants: 2077Washington Federal Bank 401(k) PlanThe Boeing Company 401(k) Retirement Plan, Total assets ($B): 72.246135158 · Participants: 128910The Boeing Company 401(k) Retirement PlanMicrosoft Corporation Savings Plus 401(k) Plan, Total assets ($B): 53.225853429 · Participants: 123296Microsoft Corporation Savings Plus 401(k) PlanCostco 401(k) Retirement Plan, Total assets ($B): 33.384845813 · Participants: 192744Costco 401(k) Retirement PlanT-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust, Total assets ($B): 8.338937292 · Participants: 71538T-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust401(k) Savings Plan, Total assets ($B): 8.118808679 · Participants: 87590401(k) Savings Plan
Washington Federal Bank 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants
Compare Washington Federal Bank 401(k) Plan side-by-side with 3 peers →

Washington Federal Bank 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is Croda Inc. Retirement Savings Plan in NJ ($190M); by covered participants it is Valley Proteins, Inc. Retirement Plan in VA (2,077 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($190M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,077 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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).
Which 401(k) plans cover a similar participant headcount to Washington Federal Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Valley Proteins, Inc. Retirement Plan in VA (2,077 participants, N/A in assets).

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 910135860.

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.