401(k) · DOL Form 5500 · 2023

Northrim Bank 401(k) Plan

Data updated 2026-08-25

$91M
Total assets Below avg plan size
472
Participants Below avg headcount
91st
Percentile by assets National rank
$193,686
Avg per participant Above avg balance/head
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Official DOL plan name: Northrim Bank Savings Incentive Plan · Sponsored by Northrim Bank · Alaska · Finance & Insurance

$91M in assets, 472 participants

Northrim Bank's Northrim Bank Savings Incentive Plan reported $91M in total assets and 472 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • #7,596 in Finance & Insurance (8,869 peers)

Where Northrim Bank Savings Incentive Plan sits by assets

Northrim Bank Savings Incentive Plan sits in the top 10% of all filed plans by assets, $91M for 472 participants (~$193,686/participant), up 21.4% in 2023.

#7,596
in Finance & Insurance (8,869 peers)
+21.4%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Northrim Bank Savings Incentive Plan's outsized position by total assets

Northrim Bank Savings Incentive Plan vs every filed plan by assets

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

$91,419,620 Top 9% higher than 91% 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

Northrim Bank Savings Incentive 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. Northrim Bank Savings Incentive Plan sits mid-pack in the medium band (472 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Northrim Bank Savings Incentive Plan reported net income rose from -$11M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Northrim Bank Savings Incentive Plan end-of-year assets rose from $75M in the plan year 2022 filing to $91M in the plan year 2023 filing.
  • Northrim Bank Savings Incentive Plan reported participants rose from 463 in the plan year 2022 filing to 472 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 920134436 · Northrim Bank PY 2023 · 401(k)

Northrim Bank Savings Incentive Plan · $91M · 472 · 91st

  • BOY $91M
  • SCH 472
  • EBSA 91st
  • PART 401(k)
  • TYPE near Lannett Company, Inc. 401(k) Retirement Savings Plan
  • NET ind #7596

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 Alaska →

Northrim Bank Savings Incentive Plan in the asset neighbourhood

Montage Hotels & Resorts 401(k) PlanMontage Hotels & Resorts 401…$91MEmployees' Profit Sharing Plan of Anesthesia Group of Albany, P. C.Employees' Profit Sharing Pl…$91MNorthrim Bank Savings Incentive PlanNorthrim Bank Savings Incent…$91MLannett Company, Inc. 401(k) Retirement Savings PlanLannett Company, Inc. 401(k)…$91MBard Rao Athanas Consulting Engineers, LLC 401(k) PlanBard Rao Athanas Consulting …$91M
End-of-year total assets ($M) among Northrim Bank Savings Incentive Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$75M
Net Assets (End of Year)$91M
Net Income$16M
Employer EIN920134436
Plan Effective Date1992-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northrim Bank)

Sponsor-wide plan assets over time

All Northrim Bank plans reported in each filing year

Latest sponsor-wide plan assets
$101M 34.6672761529236% vs 2022
2024 filing year
$70M$80M$90M$100M$110M 202220232024 $75.3M $101M ▲ +34.7%
Year Plans Participants Total Assets
2022 1 463 $75M
2023 1 472 $91M
2024 1 468 $101M

Nearby 401(k) Plans in Alaska

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

Northrim Bank Savings Incentive Plan vs. nearby 401(k) plans in Alaska, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 00.511.5 Total assets ($B) Participants Northrim Bank Savings Incentive Plan, Total assets ($B): 0.09141962 · Participants: 472Northrim Bank Savings Incentive PlanArctic Slope Regional Corporation and Subsidiaries Employees Retirement Plan, Total assets ($B): 1.297507306 · Participants: 14281Arctic Slope Regional Corporation and Subsidiaries Employees Retirement PlanGainwell Technologies 401(k) Plan, Total assets ($B): 0.559415606 · Participants: 10596Gainwell Technologies 401(k) PlanCook Inlet Region 401(k) Retirement Plan, Total assets ($B): 0.498406925 · Participants: 5039Cook Inlet Region 401(k) Retirement PlanBristol Bay Native Corporation 401(k) Savings Plan, Total assets ($B): 0.414835549 · Participants: 4851Bristol Bay Native Corporation 401(k) Savings PlanGci 401(k) Plan, Total assets ($B): 0.401720597 · Participants: 1826Gci 401(k) Plan
Northrim Bank Savings Incentive Plan vs. nearby 401(k) plans in Alaska, assets vs. participants
Compare Northrim Bank Savings Incentive Plan side-by-side with 3 peers →

Northrim Bank Savings Incentive Plan's out-of-state 401(k) peers by assets and headcount

Outside Alaska, the nearest 401(k) by assets is Lannett Company, Inc. 401(k) Retirement Savings Plan in PA ($91M); by covered participants it is Mto 401(k) Profit Sharing Plan in CA (472 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (472 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 Northrim Bank Savings Incentive Plan assets move in 2023? ▼
Northrim Bank Savings Incentive Plan grew sharply - up 21.4% during 2023, from $75M to $91M. Reported net income was $16M.
How have Northrim Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Northrim Bank's sponsor-wide assets grew 34.7%, from $75M to $101M.
Where does Northrim Bank Savings Incentive Plan rank by assets among Form 5500 filers? ▼
Northrim Bank Savings Incentive Plan ranks in the 91st 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 Northrim Bank Savings Incentive Plan? ▼
Among 401(k) plans in other states, the closest by assets is Lannett Company, Inc. 401(k) Retirement Savings Plan in PA ($91M, 550 participants).
Which 401(k) plans cover a similar participant headcount to Northrim Bank Savings Incentive Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mto 401(k) Profit Sharing Plan in CA (472 participants, $219M 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 920134436.

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.