401(k) · DOL Form 5500 · 2023

1st Security Bank of Washington 401(k) Plan

Data updated 2026-08-25

$52M
Total assets Below avg plan size
555
Participants Below avg headcount
86th
Percentile by assets National rank
$93,060
Avg per participant Below avg balance/head
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Official DOL plan name: 1st Security Bank of Washington 401(k) Plan and Trust · Sponsored by 1st Security Bank of Washington · Washington · Finance & Insurance

$52M in assets, 555 participants

1st Security Bank of Washington's 1st Security Bank of Washington 401(k) Plan and Trust reported $52M in total assets and 555 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • #6,942 in Finance & Insurance (8,869 peers)

Coverage in Washington

1st Security Bank of Washington 401(k) Plan and Trust covers 555 participants in Washington, about 38% of the average Washington filer (state average ~1,476 per filing). Assets: $52M.

#6,942
in Finance & Insurance (8,869 peers)
+24.9%
assets growth YoY
0.5×
vs typical plan assets (national mean)

1st Security Bank of Washington 401(k) Plan and Trust's outsized position by total assets

1st Security Bank of Washington 401(k) Plan and Trust vs every filed plan by assets

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

$51,648,133 Top 14% higher than 86% 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

1st Security Bank of Washington 401(k) Plan and Trust 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. 1st Security Bank of Washington 401(k) Plan and Trust sits mid-pack in the medium band (555 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • 1st Security Bank of Washington 401(k) Plan and Trust reported net income rose from -$4M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • 1st Security Bank of Washington 401(k) Plan and Trust end-of-year assets rose from $41M in the plan year 2022 filing to $52M in the plan year 2023 filing.
  • 1st Security Bank of Washington 401(k) Plan and Trust reported participants rose from 547 in the plan year 2022 filing to 555 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 910459933 · 1st Security Bank of Washington PY 2023 · 401(k)

1st Security Bank of Washington 401(k) Plan and Trust · $52M · 555 · 86th

  • RANK $52M
  • PHOTO 555
  • IND 86th
  • EOY 401(k)
  • 5500 near Leopardo Companies, Inc. 401(k) Savings Plan
  • ASSETS ind #6942

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 →

1st Security Bank of Washington 401(k) Plan and Trust in the asset neighbourhood

1st Security Bank of Washington 401(k) Plan and Trust1st Security Bank of Washing…$52MLeopardo Companies, Inc. 401(k) Savings PlanLeopardo Companies, Inc. 401…$52MGarland Industries, Inc. Savings and Security PlanGarland Industries, Inc. Sav…$52MFarmers Alliance Companies 401(k) PlanFarmers Alliance Companies 4…$52MSofidel America Corp. 401(k) PlanSofidel America Corp. 401(k)…$52M
End-of-year total assets ($M) among 1st Security Bank of Washington 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Washington filing particulars

Total Assets (Beginning of Year)$41M
Net Assets (End of Year)$52M
Net Income$10M
Employer EIN910459933
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (1st Security Bank of Washington)

Sponsor-wide plan assets over time

All 1st Security Bank of Washington plans reported in each filing year

Latest sponsor-wide plan assets
$78M 37.085434099943996% vs 2022
2024 filing year
$50M$60M$70M$80M$90M 202220232024 $57.2M $78.4M ▲ +37.1%
Year Plans Participants Total Assets
2022 2 981 $57M
2023 2 1,001 $69M
2024 2 998 $78M

Nearby 401(k) Plans in Washington

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

1st Security Bank of Washington 401(k) Plan and Trust vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -20020406080 Total assets ($B) Participants 1st Security Bank of Washington 401(k) Plan and Trust, Total assets ($B): 0.051648133 · Participants: 5551st Security Bank of Washington 401(k) Plan and TrustThe 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
1st Security Bank of Washington 401(k) Plan and Trust vs. nearby 401(k) plans in Washington, assets vs. participants
Compare 1st Security Bank of Washington 401(k) Plan and Trust side-by-side with 3 peers →

1st Security Bank of Washington 401(k) Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is Leopardo Companies, Inc. 401(k) Savings Plan in IL ($52M); by covered participants it is Miller Transportation 401(k) Plan and Trust in KY (555 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($52M here).

Similar participant headcount

Nearest other-state filings by covered participants (555 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 1st Security Bank of Washington 401(k) Plan and Trust assets move in 2023? ▼
1st Security Bank of Washington 401(k) Plan and Trust grew sharply - up 24.9% during 2023, from $41M to $52M. Reported net income was $10M.
How have 1st Security Bank of Washington plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), 1st Security Bank of Washington's sponsor-wide assets grew 37.1%, from $57M to $78M.
Where does 1st Security Bank of Washington 401(k) Plan and Trust rank by assets among Form 5500 filers? ▼
1st Security Bank of Washington 401(k) Plan and Trust ranks in the 86th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to 1st Security Bank of Washington 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Leopardo Companies, Inc. 401(k) Savings Plan in IL ($52M, 406 participants).
Which 401(k) plans cover a similar participant headcount to 1st Security Bank of Washington 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Miller Transportation 401(k) Plan and Trust in KY (555 participants, $6M 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 910459933.

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.