401(k) · DOL Form 5500 · 2023

Washington Trust Bank 401(k) Plan

Data updated 2026-08-11

$184M
Total assets
1,168
Participants
94th
Percentile by assets
$157,544
Avg per participant
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Official DOL plan name: Wtb Defined Contribution Retirement and 401(k) Plan · Sponsored by Washington Trust Bank · Washington · Finance & Insurance

$184M in assets, 1,168 participants

Washington Trust Bank's Wtb Defined Contribution Retirement and 401(k) Plan reported $184M in total assets and 1,168 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 127,072 plans)
  • #8,079 in Finance & Insurance (8,869 peers)

Where Wtb Defined Contribution Retirement and 401(k) Plan sits by assets

Wtb Defined Contribution Retirement and 401(k) Plan sits in the top 10% of all filed plans by assets, $184M for 1,168 participants (~$157,544/participant), up 20.2% in 2023.

$184M
total plan assets (2023 EOY)
1,168
covered participants
94th
percentile by assets (of 127,072 plans)
$157,544
avg assets per participant

Where Wtb Defined Contribution Retirement and 401(k) Plan sits by total assets

Wtb Defined Contribution Retirement and 401(k) Plan vs every filed plan by assets

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

$184,011,923 Top 6% higher than 94% 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

  • Wtb Defined Contribution Retirement and 401(k) Plan reported net income rose from -$22M in the plan year 2022 filing to $31M in the plan year 2023 filing.
  • Wtb Defined Contribution Retirement and 401(k) Plan end-of-year assets rose from $153M in the plan year 2022 filing to $184M in the plan year 2023 filing.
  • Wtb Defined Contribution Retirement and 401(k) Plan reported participants rose from 1,121 in the plan year 2022 filing to 1,168 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Washington
Industry
Finance & Insurance

Wtb Defined Contribution Retirement and 401(k) Plan vs the 2023 asset distribution

By assets, Wtb Defined Contribution Retirement and 401(k) Plan outranks 94% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$153M
Net Assets (End of Year)$184M
Net Income$31M
Employer EIN910462347
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Washington Trust Bank)

$140M$160M$180M$200M$220M 202220232024 $153M $209M ▲ +36.4%
Total plan assets by year, all Washington Trust Bank plans on file
Year Plans Participants Total Assets
2022 1 1,121 $153M
2023 1 1,168 $184M
2024 1 1,203 $209M

Nearby 401(k) Plans in Washington

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

Wtb Defined Contribution Retirement and 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -20020406080 Total assets ($B) Participants Wtb Defined Contribu…, Total assets ($B): 0.184011923 · Participants: 1168Wtb Defined Contribu…The Boeing Company 4…, Total assets ($B): 72.246135158 · Participants: 128910The Boeing Company 4…Microsoft Corporatio…, Total assets ($B): 53.225853429 · Participants: 123296Microsoft Corporatio…Costco 401(k) Retire…, Total assets ($B): 33.384845813 · Participants: 192744Costco 401(k) Retire…T-Mobile USA, Inc. 4…, Total assets ($B): 8.338937292 · Participants: 71538T-Mobile USA, Inc. 4…401(k) Savings Plan, Total assets ($B): 8.118808679 · Participants: 87590401(k) Savings Plan
Wtb Defined Contribution Retirement and 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants
Compare Wtb Defined Contribution Retirement and … side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Wtb Defined Contribution Retirement and 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Wtb Defined Contribution Retirement and 401(k) Plan assets move in 2023? ▼
Wtb Defined Contribution Retirement and 401(k) Plan grew sharply - up 20.2% during 2023, from $153M to $184M. Reported net income was $31M.
How have Washington Trust Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Washington Trust Bank's sponsor-wide assets grew 36.4%, from $153M to $209M.
Where does Wtb Defined Contribution Retirement and 401(k) Plan rank by assets among Form 5500 filers? ▼
Wtb Defined Contribution Retirement and 401(k) Plan ranks in the 94th 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 Wtb Defined Contribution Retirement and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Endeavor Air Savings Plan in GA ($184M, 3,431 participants).

Next read for Wtb Defined Contribution Retirement and …

Scale reading

Ways to act on Wtb Defined Contribution Retirement and 401(k) 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 910462347.

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.