401(k) · DOL Form 5500 · 2023

First National Bank Alaska 401(k) Plan

Data updated 2026-08-11

$111M
Total assets
607
Participants
92nd
Percentile by assets
$182,729
Avg per participant
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Official DOL plan name: First National Bank Alaska Profit Sharing & 401(k) Plan · Sponsored by First National Bank Alaska · Alaska · Finance & Insurance

$111M in assets, 607 participants

First National Bank Alaska's First National Bank Alaska Profit Sharing & 401(k) Plan reported $111M in total assets and 607 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 127,072 plans)
  • #7,772 in Finance & Insurance (8,869 peers)

Where First National Bank Alaska Profit Sharing & 401(k) Plan sits by assets

First National Bank Alaska Profit Sharing & 401(k) Plan sits in the top 10% of all filed plans by assets, $111M for 607 participants (~$182,729/participant), up 15.6% in 2023.

$111M
total plan assets (2023 EOY)
607
covered participants
92nd
percentile by assets (of 127,072 plans)
$182,729
avg assets per participant

Where First National Bank Alaska Profit Sharing & 401(k) Plan sits by total assets

First National Bank Alaska Profit Sharing & 401(k) Plan vs every filed plan by assets

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

$110,916,569 Top 8% higher than 92% 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

  • First National Bank Alaska Profit Sharing & 401(k) Plan reported net income rose from -$23M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • First National Bank Alaska Profit Sharing & 401(k) Plan end-of-year assets rose from $96M in the plan year 2022 filing to $111M in the plan year 2023 filing.
  • First National Bank Alaska Profit Sharing & 401(k) Plan reported participants fell from 614 in the plan year 2022 filing to 607 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Alaska
Industry
Finance & Insurance

First National Bank Alaska Profit Sharing & 401(k) Plan vs the 2023 asset distribution

By assets, First National Bank Alaska Profit Sharing & 401(k) Plan outranks 92% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$96M
Net Assets (End of Year)$111M
Net Income$15M
Employer EIN920006595
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First National Bank Alaska)

$90M$100M$110M$120M$130M 202220232024 $95.9M $120M ▲ +24.6%
Total plan assets by year, all First National Bank Alaska plans on file
Year Plans Participants Total Assets
2022 1 614 $96M
2023 1 607 $111M
2024 1 620 $120M

Nearby 401(k) Plans in Alaska

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

First National Bank Alaska Profit Sharing & 401(k) Plan vs. nearby 401(k) plans in Alaska, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 00.511.5 Total assets ($B) Participants First National Bank …, Total assets ($B): 0.110916569 · Participants: 607First National Bank …Arctic Slope Regiona…, Total assets ($B): 1.297507306 · Participants: 14281Arctic Slope Regiona…Gainwell Technologie…, Total assets ($B): 0.559415606 · Participants: 10596Gainwell Technologie…Cook Inlet Region 40…, Total assets ($B): 0.498406925 · Participants: 5039Cook Inlet Region 40…Bristol Bay Native C…, Total assets ($B): 0.414835549 · Participants: 4851Bristol Bay Native C…Gci 401(k) Plan, Total assets ($B): 0.401720597 · Participants: 1826Gci 401(k) Plan
First National Bank Alaska Profit Sharing & 401(k) Plan vs. nearby 401(k) plans in Alaska, assets vs. participants
Compare First National Bank Alaska Profit Sharin… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to First National Bank Alaska Profit Sharing & 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did First National Bank Alaska Profit Sharing & 401(k) Plan assets move in 2023? ▼
First National Bank Alaska Profit Sharing & 401(k) Plan grew sharply - up 15.6% during 2023, from $96M to $111M. Reported net income was $15M.
How have First National Bank Alaska plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First National Bank Alaska's sponsor-wide assets grew 24.6%, from $96M to $120M.
Where does First National Bank Alaska Profit Sharing & 401(k) Plan rank by assets among Form 5500 filers? ▼
First National Bank Alaska Profit Sharing & 401(k) Plan ranks in the 92nd 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 First National Bank Alaska Profit Sharing & 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Inficon Inc. 401(k) Plan in NY ($111M, 496 participants).

Next read for First National Bank Alaska Profit Sharin…

Scale reading

Ways to act on First National Bank Alaska Profit Sharing & 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 920006595.

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.