401(k) · DOL Form 5500 · 2024

Far Bank 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
224
Participants Below avg headcount
59th
Percentile by assets National rank
$52,447
Avg per participant Low balance/head
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Official DOL plan name: Far Bank Retirement Plan · Sponsored by Far Bank · Washington · Manufacturing

$12M in assets, 224 participants

Far Bank's Far Bank Retirement Plan reported $12M in total assets and 224 participants in its 2024 DOL Form 5500 filing, ranking in the 59th 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.

  • #8,151 in Manufacturing (17,777 peers)

Coverage in Washington

Far Bank Retirement Plan covers 224 participants in Washington, about 15% of the average Washington filer (state average ~1,476 per filing). Assets: $12M.

#8,151
in Manufacturing (17,777 peers)
+6.9%
assets growth YoY

Far Bank Retirement Plan's mid-pack asset rank among Manufacturing and all filers

Far Bank Retirement Plan vs every filed plan by assets

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

$11,748,120 Top 41% higher than 59% 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

Far Bank Retirement 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. Far Bank Retirement Plan sits mid-pack in the medium band (224 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Far Bank Retirement Plan reported net income fell from $1M in the plan year 2023 filing to $757K in the plan year 2024 filing.
  • Far Bank Retirement Plan end-of-year assets rose from $11M in the plan year 2023 filing to $12M in the plan year 2024 filing.
  • Far Bank Retirement Plan reported participants rose from 217 in the plan year 2023 filing to 224 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 911046164 · Far Bank PY 2024 · 401(k)

Far Bank Retirement Plan · $12M · 224 · 59th

  • NET $12M
  • NET 224
  • NET 59th
  • NET 401(k)
  • NET near Community State Bank of Galva 401(k) & Employee Stock Ownership Plan
  • NET ind #8151

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 Manufacturing retirement plans → · Plans in Washington →

Far Bank Retirement Plan in the asset neighbourhood

Far Bank Retirement Plan$12MCommunity State Bank of Galva 401(k) & Employee Stock Ownership PlanCommunity State Bank of Galv…$12MJ.C. Flowers & Co., LLC 401(k) Savings PlanJ.C. Flowers & Co., LLC 401(…$12MGraeter's Manufacturing Co. 401(k) Retirement Savings PlanGraeter's Manufacturing Co. …$12MNeighborhood Health Center of Wny, Inc. 403(b) PlanNeighborhood Health Center o…$12M
End-of-year total assets ($M) among Far Bank Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Washington filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$12M
Net Income$757K
Employer EIN911046164
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Far Bank)

Sponsor-wide plan assets over time

All Far Bank plans reported in each filing year

Latest sponsor-wide plan assets
$12M 19.84789633283261% vs 2022
2024 filing year
$9M$10M$11M$12M 202220232024 $9.8M $11.8M ▲ +19.9%
Year Plans Participants Total Assets
2022 1 218 $10M
2023 1 217 $11M
2024 1 224 $12M

Nearby 401(k) Plans in Washington

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

Far Bank Retirement Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -500000050000010000001500000 -20020406080 Total assets ($B) Participants Far Bank Retirement Plan, Total assets ($B): 0.01174812 · Participants: 224Far Bank Retirement 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
Far Bank Retirement Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Far Bank Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is Community State Bank of Galva 401(k) & Employee Stock Ownership Plan in IL ($12M); by covered participants it is Ideal Ready Mix Company 401(k) Plan in IA (224 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (224 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 Far Bank Retirement Plan assets move in 2024?
Far Bank Retirement Plan grew at a solid clip - up 6.9% during 2024, from $11M to $12M. Reported net income was $757K.
How have Far Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Far Bank's sponsor-wide assets grew 19.8%, from $10M to $12M.
Which 401(k) plans are similar in size to Far Bank Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Community State Bank of Galva 401(k) & Employee Stock Ownership Plan in IL ($12M, 40 participants).
Which 401(k) plans cover a similar participant headcount to Far Bank Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Ideal Ready Mix Company 401(k) Plan in IA (224 participants, N/A in assets).