401(k) · DOL Form 5500 · 2024

Kitsap Bank 401(k) Plan

Data updated 2026-08-25

$57M
Total assets Below avg plan size
273
Participants Below avg headcount
86th
Percentile by assets National rank
$209,715
Avg per participant Above avg balance/head
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Official DOL plan name: Kitsap Bank 401(k) Profit Sharing Plan · Sponsored by Kitsap Bank · Washington · Finance & Insurance

$57M in assets, 273 participants

Kitsap Bank's Kitsap Bank 401(k) Profit Sharing Plan reported $57M in total assets and 273 participants in its 2024 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.

  • #6,635 in Finance & Insurance (8,549 peers)

Coverage in Washington

Kitsap Bank 401(k) Profit Sharing Plan covers 273 participants in Washington, about 18% of the average Washington filer (state average ~1,476 per filing). Assets: $57M.

#6,635
in Finance & Insurance (8,549 peers)
+7.6%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Kitsap Bank 401(k) Profit Sharing Plan's outsized position by total assets

Kitsap Bank 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$57,252,170 Top 14% higher than 86% of 123,620 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 2024

Kitsap Bank 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Kitsap Bank 401(k) Profit Sharing Plan sits mid-pack in the medium band (273 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Kitsap Bank 401(k) Profit Sharing Plan reported net income fell from $8M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Kitsap Bank 401(k) Profit Sharing Plan end-of-year assets rose from $53M in the plan year 2023 filing to $57M in the plan year 2024 filing.
  • Kitsap Bank 401(k) Profit Sharing Plan reported participants rose from 267 in the plan year 2023 filing to 273 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 910283150 · Kitsap Bank PY 2024 · 401(k)

Kitsap Bank 401(k) Profit Sharing Plan · $57M · 273 · 86th

  • BOOK $57M
  • BOOK 273
  • BOOK 86th
  • BOOK 401(k)
  • BOOK near Bel-Park Anesthesia Associates Retirement Savings Plan
  • BOOK ind #6635

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 →

Kitsap Bank 401(k) Profit Sharing Plan in the asset neighbourhood

Kitsap Bank 401(k) Profit Sharing PlanKitsap Bank 401(k) Profit Sh…$57MBel-Park Anesthesia Associates Retirement Savings PlanBel-Park Anesthesia Associat…$57MHawthorne Cat 401(k) Retirement PlanHawthorne Cat 401(k) Retirem…$57MMuller Martini 401(k) Super Savings Investment PlanMuller Martini 401(k) Super …$57MArvinas, Inc. 401(k) Plan$57M
End-of-year total assets ($M) among Kitsap Bank 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Washington filing particulars

Total Assets (Beginning of Year)$53M
Net Assets (End of Year)$57M
Net Income$4M
Employer EIN910283150
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kitsap Bank)

Sponsor-wide plan assets over time

All Kitsap Bank plans reported in each filing year

Latest sponsor-wide plan assets
$57M 25.74907090333676% vs 2022
2024 filing year
$40M$45M$50M$55M$60M 202220232024 $45.5M $57.3M ▲ +25.7%
Year Plans Participants Total Assets
2022 1 259 $46M
2023 1 267 $53M
2024 1 273 $57M

Nearby 401(k) Plans in Washington

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

Kitsap Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -500000050000010000001500000 -20020406080 Total assets ($B) Participants Kitsap Bank 401(k) Profit Sharing Plan, Total assets ($B): 0.05725217 · Participants: 273Kitsap Bank 401(k) Profit Sharing PlanThe Boeing Company 401(k) Retirement Plan, Total assets ($B): 73.910477714 · Participants: 139394The Boeing Company 401(k) Retirement PlanMicrosoft Corporation Savings Plus 401(k) Plan, Total assets ($B): 65.646011638 · Participants: 118818Microsoft Corporation Savings Plus 401(k) PlanCostco 401(k) Retirement Plan, Total assets ($B): 41.017392708 · Participants: 202468Costco 401(k) Retirement PlanAmazon 401(k) Plan, Total assets ($B): 34.593744657 · Participants: 1209303Amazon 401(k) Plan401(k) Savings Plan, Total assets ($B): 10.074085187 · Participants: 86668401(k) Savings Plan
Kitsap Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Washington, assets vs. participants
Compare Kitsap Bank 401(k) Profit Sharing Plan side-by-side with 3 peers →

Kitsap Bank 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is Bel-Park Anesthesia Associates Retirement Savings Plan in OH ($57M); by covered participants it is Preferred Beef Group, LP 401(k) Plan in TX (273 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (273 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Kitsap Bank 401(k) Profit Sharing Plan assets move in 2024? ▼
Kitsap Bank 401(k) Profit Sharing Plan grew at a solid clip - up 7.6% during 2024, from $53M to $57M. Reported net income was $4M.
How have Kitsap Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Kitsap Bank's sponsor-wide assets grew 25.7%, from $46M to $57M.
Where does Kitsap Bank 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Kitsap Bank 401(k) Profit Sharing Plan ranks in the 86th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Kitsap Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Bel-Park Anesthesia Associates Retirement Savings Plan in OH ($57M, 130 participants).
Which 401(k) plans cover a similar participant headcount to Kitsap Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Preferred Beef Group, LP 401(k) Plan in TX (273 participants, $1M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 910283150.

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.