ESOP · DOL Form 5500 · 2023

First Financial Northwest, Inc. ESOP

Data updated 2026-08-25

$11M
Total assets Small plan by assets
108
Participants Small participant base
61st
Percentile by assets National rank
$101,352
Avg per participant Below avg balance/head
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Official DOL plan name: First Financial Northwest, Inc. Employee Stock Ownership Plan · Sponsored by First Financial Northwest, Inc. · Washington · Finance & Insurance

$11M in assets, 108 participants

First Financial Northwest, Inc.'s First Financial Northwest, Inc. Employee Stock Ownership Plan reported $11M in total assets and 108 participants in its 2023 DOL Form 5500 filing, ranking in the 61st 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.

  • #4,017 in Finance & Insurance (8,869 peers)

Coverage in Washington

First Financial Northwest, Inc. Employee Stock Ownership Plan covers 108 participants in Washington, about 7% of the average Washington filer (state average ~1,476 per filing). Assets: $11M.

#4,017
in Finance & Insurance (8,869 peers)
-14.0%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First Financial Northwest, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Finance & Insurance and all filers

First Financial Northwest, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$10,945,988 Top 39% higher than 61% 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

First Financial Northwest, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First Financial Northwest, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (108 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • First Financial Northwest, Inc. Employee Stock Ownership Plan reported net income fell from -$124K in the plan year 2022 filing to -$2M in the plan year 2023 filing.
  • First Financial Northwest, Inc. Employee Stock Ownership Plan end-of-year assets fell from $13M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • First Financial Northwest, Inc. Employee Stock Ownership Plan reported participants rose from 99 in the plan year 2022 filing to 108 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 260610707 · First Financial Northwest, Inc. PY 2023 · ESOP

First Financial Northwest, Inc. Employee Stock Ownership Plan · $11M · 108 · 61st

  • VS-ST $11M
  • VS-ST 108
  • VS-ST 61st
  • VS-ST ESOP
  • VS-ST near Luckett & Farley Employee Stock Ownership Plan and Trust Agreement
  • VS-ST ind #4017

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 What is an ESOP? → · Plans in Washington →

First Financial Northwest, Inc. Employee Stock Ownership Plan in the asset neighbourhood

First Financial Northwest, Inc. Employee Stock Ownership PlanFirst Financial Northwest, I…$11MLuckett & Farley Employee Stock Ownership Plan and Trust AgreementLuckett & Farley Employee St…$11MFraley & Schilling Holdings, Inc. Employee Stock Ownership Plan and TrustFraley & Schilling Holdings,…$11MWhitestone Associates, Inc. ESOPWhitestone Associates, Inc. …$11MK. H. Employee Stock Ownership PlanK. H. Employee Stock Ownersh…$11M
End-of-year total assets ($M) among First Financial Northwest, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Washington filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$11M
Net Income-$2M
Employer EIN260610707
Plan Effective Date2007-10-09
Filing StatusFILING RECEIVED

Sponsor Plan History (First Financial Northwest, Inc.)

Sponsor-wide plan assets over time

All First Financial Northwest, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 55.23100351443247% vs 2022
2024 filing year
$5M$10M$15M$20M$25M$30M 202220232024 $24.7M $11.1M ▼ -55.2%
Year Plans Participants Total Assets
2022 2 228 $25M
2023 2 255 $26M
2024 2 277 $11M

Nearby ESOP Plans in Washington

Peer ESOP plans, same state, same plan type, ranked by total assets.

First Financial Northwest, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Washington, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -101234 Total assets ($B) Participants First Financial Northwest, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.010945988 · Participants: 108First Financial Northwest, Inc. Employee Stock Ownership PlanSchweitzer Engineering Laboratories, Inc. Employee Stock Ownership Plan, Total assets ($B): 2.966454558 · Participants: 3694Schweitzer Engineering Laboratories, Inc. Employee Stock Ownership PlanTriple B Corporation Employee Stock Ownership Plan, Total assets ($B): 0.2780946 · Participants: 1123Triple B Corporation Employee Stock Ownership PlanManson Construction Co. Non-Craft Employee Stock Ownership Plan, Total assets ($B): 0.183263152 · Participants: 310Manson Construction Co. Non-Craft Employee Stock Ownership PlanParametrix, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.140162337 · Participants: 570Parametrix, Inc. Employee Stock Ownership PlanThe Plexsys Interface Products, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.114343989 · Participants: 183The Plexsys Interface Products, Inc. Employee Stock Ownership Plan
First Financial Northwest, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Washington, assets vs. participants
Compare First Financial Northwest, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

First Financial Northwest, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Washington, the nearest ESOP by assets is Luckett & Farley Employee Stock Ownership Plan and Trust Agreement in KY ($11M); by covered participants it is Keller, Schroeder & Associates, Inc. Employee Stock Ownership Plan in IN (108 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (108 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 First Financial Northwest, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
First Financial Northwest, Inc. Employee Stock Ownership Plan pulled back noticeably - down 14.0% during 2023, from $13M to $11M. Reported net income was -$2M.
How have First Financial Northwest, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Financial Northwest, Inc.'s sponsor-wide assets declined 55.2%, from $25M to $11M.
Which ESOP plans are similar in size to First Financial Northwest, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Luckett & Farley Employee Stock Ownership Plan and Trust Agreement in KY ($11M, 67 participants).
Which ESOP plans cover a similar participant headcount to First Financial Northwest, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Keller, Schroeder & Associates, Inc. Employee Stock Ownership Plan in IN (108 participants, $39M 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 260610707.

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.