401(k) · DOL Form 5500 · 2024

Washington Federal Bank 401(k) Plan

Data updated 2026-08-11

$225M
Total assets
2,055
Participants
95th
Percentile by assets
$109,590
Avg per participant
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Official DOL plan name: Washington Federal Bank 401(k) Plan · Sponsored by Washington Federal Bank · Washington · Finance & Insurance

$225M in assets, 2,055 participants

Washington Federal Bank's Washington Federal Bank 401(k) Plan reported $225M in total assets and 2,055 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 123,622 plans)
  • #7,820 in Finance & Insurance (8,549 peers)

Where Washington Federal Bank 401(k) Plan sits by assets

Washington Federal Bank 401(k) Plan sits in the top 5% of all filed plans by assets, $225M for 2,055 participants (~$109,590/participant), up 18.4% in 2024.

$225M
total plan assets (2024 EOY)
2,055
covered participants
95th
percentile by assets (of 123,622 plans)
$109,590
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Washington Federal Bank 401(k) Plan end-of-year assets rose from $190M in the plan year 2023 filing to $225M in the plan year 2024 filing.
  • Washington Federal Bank 401(k) Plan reported net income rose from $30M in the plan year 2023 filing to $35M in the plan year 2024 filing.
  • Washington Federal Bank 401(k) Plan reported participants fell from 2,077 in the plan year 2023 filing to 2,055 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Washington Federal Bank 401(k) Plan vs the 2024 asset distribution

By assets, Washington Federal Bank 401(k) Plan outranks 95% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$190M
Net Assets (End of Year)$225M
Net Income$35M
Employer EIN910135860
Plan Effective Date1947-10-27
Filing StatusFILING RECEIVED

Sponsor Plan History (Washington Federal Bank)

$140M$160M$180M$200M$220M$240M 202220232024 $160M $225M ▲ +40.7%
Total plan assets by year, all Washington Federal Bank plans on file
Year Plans Participants Total Assets
2022 1 2,046 $160M
2023 1 2,077 $190M
2024 1 2,055 $225M

Nearby 401(k) Plans in Washington

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

Washington Federal Bank 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Washington Federal Bank 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -500000050000010000001500000 -20020406080 Total assets ($B) Participants Washington Federal B…The Boeing Company 4…Microsoft Corporatio…Costco 401(k) Retire…Amazon 401(k) Plan401(k) Savings Plan
Washington Federal Bank 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Washington Federal Bank 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Washington Federal Bank 401(k) Plan assets move in 2024?
Washington Federal Bank 401(k) Plan grew sharply - up 18.4% during 2024, from $190M to $225M. Reported net income was $35M.
How have Washington Federal Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Washington Federal Bank's sponsor-wide assets grew 40.7%, from $160M to $225M.
Where does Washington Federal Bank 401(k) Plan rank by assets among Form 5500 filers?
Washington Federal Bank 401(k) Plan ranks in the 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Washington Federal Bank 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Consigli Construction Co., Inc. Profit Sharing/401(k) Plan and Trust in MA ($225M, 1,313 participants).

Next read for Washington Federal Bank 401(k) Plan

Scale reading

Ways to act on Washington Federal Bank 401(k) Plan's numbers.