Other
2023 plan-year Other DOL Form 5500

First Northwest Bancorp Employee Stock Ownership Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by First Northwest Bancorp · Washington · Finance & Insurance

What the 2023 filing shows

First Northwest Bancorp Employee Stock Ownership Plan holds $9M for 226 participants — about $39,750 per participant, down 16.5% over the 2023 plan year.

$9M
total plan assets (2023 EOY)
226
covered participants
$39,750
avg assets per participant
-16.5%
assets change YoY

The plan reported a net loss of $1M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$9M
Participants
226
State
Industry
Finance & Insurance

What the Filing Says About First Northwest Bancorp Employee Stock Ownership Plan

First Northwest Bancorp Employee Stock Ownership Plan is a Other retirement plan sponsored by First Northwest Bancorp, headquartered in Washington. As of the 2023 Form 5500 filing, the plan reports $9M in total end-of-year assets and covers 226 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 461259100, and the plan has been effective since 2015-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $11M at the beginning of 2023 to $9M at year-end — a decline of 16.5%. Net assets (after liabilities) closed the year at $1M, with reported net income of $-1,141,263 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$11M
Total Assets (End of Year)$9M
Net Assets (End of Year)$1M
Net Income$-1,141,263
Plan TypeOther
Employer EIN461259100
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Northwest Bancorp)

Year Plans Participants Total Assets
2022 1 219 $11M
2023 1 226 $9M

Nearby Other Plans in Washington

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

Frequently Asked Questions

How much money is in the First Northwest Bancorp Employee Stock Ownership Plan?
As of the 2023 Form 5500 filing, First Northwest Bancorp Employee Stock Ownership Plan holds $9M in total assets with 226 participants. It is sponsored by First Northwest Bancorp.
What type of plan is First Northwest Bancorp Employee Stock Ownership Plan?
First Northwest Bancorp Employee Stock Ownership Plan is a Other plan. It has been effective since 2015-01-01. The plan is filed with the U.S. Department of Labor under EIN 461259100.
Who sponsors the First Northwest Bancorp Employee Stock Ownership Plan?
First Northwest Bancorp Employee Stock Ownership Plan is sponsored by First Northwest Bancorp, located in Washington. The sponsor's EIN is 461259100 and the plan operates in the Finance & Insurance industry.
How did First Northwest Bancorp Employee Stock Ownership Plan perform in 2023?
First Northwest Bancorp Employee Stock Ownership Plan declined by 16.5% during 2023, moving from $11M to $9M in total assets. Net income was $-1,141,263.
Where can I find official filings for First Northwest Bancorp Employee Stock Ownership Plan?
Official Form 5500 filings for First Northwest Bancorp Employee Stock Ownership Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 461259100 or plan name at efast.dol.gov.
How does First Northwest Bancorp Employee Stock Ownership Plan compare to other plans?
You can compare First Northwest Bancorp Employee Stock Ownership Plan against other Other plans on the plan type page, or view plans in Washington on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 461259100.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.