401(k) · DOL Form 5500 · 2024

Northrim Bank 401(k) Plan

Data updated 2026-08-25

$101M
Total assets Near avg plan size
468
Participants Below avg headcount
91st
Percentile by assets National rank
$216,760
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

$101M in assets, 468 participants

Northrim Bank's Northrim Bank Savings Incentive Plan reported $101M in total assets and 468 participants in its 2024 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.

  • #7,287 in Finance & Insurance (8,549 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, $101M for 468 participants (~$216,760/participant), up 11.0% in 2024.

#7,287
in Finance & Insurance (8,549 peers)
+11.0%
assets growth YoY
1.0×
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 2024 · DOL Form 5500

$101,443,534 Top 9% higher than 91% 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

Northrim Bank Savings Incentive 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. Northrim Bank Savings Incentive Plan sits mid-pack in the medium band (468 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Northrim Bank Savings Incentive Plan reported net income fell from $16M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • Northrim Bank Savings Incentive Plan end-of-year assets rose from $91M in the plan year 2023 filing to $101M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 920134436 · Northrim Bank PY 2024 · 401(k)

Northrim Bank Savings Incentive Plan · $101M · 468 · 91st

  • PART $101M
  • PART 468
  • PART 91st
  • PART 401(k)
  • PART near Pdt 401(k) Plan
  • PART ind #7287

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

A.I. Solutions, Inc. 401(k) PlanA.I. Solutions, Inc. 401(k) …$101MNorthrim Bank Savings Incentive PlanNorthrim Bank Savings Incent…$101MPdt 401(k) Plan$101MUrban Engineers, Inc. 401(k) Retirement PlanUrban Engineers, Inc. 401(k)…$101MDeroyal Employees' Savings & Retirement PlanDeroyal Employees' Savings &…$101M
End-of-year total assets ($M) among Northrim Bank Savings Incentive Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$91M
Net Assets (End of Year)$101M
Net Income$10M
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. -500005000100001500020000 00.511.52 Total assets ($B) Participants Northrim Bank Savings Incentive Plan, Total assets ($B): 0.101443534 · Participants: 468Northrim Bank Savings Incentive PlanArctic Slope Regional Corporation and Subsidiaries Employees Retirement Plan, Total assets ($B): 1.494164492 · Participants: 15504Arctic Slope Regional Corporation and Subsidiaries Employees Retirement PlanGainwell Technologies 401(k) Plan, Total assets ($B): 0.691328589 · Participants: 10917Gainwell Technologies 401(k) PlanCook Inlet Region 401(k) Retirement Plan, Total assets ($B): 0.58939182 · Participants: 5189Cook Inlet Region 401(k) Retirement PlanBristol Bay Native Corporation 401(k) Savings Plan, Total assets ($B): 0.479807729 · Participants: 5230Bristol Bay Native Corporation 401(k) Savings PlanChenega Corporation 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.451431857 · Participants: 7277Chenega Corporation 401(k) Profit Sharing Plan and Trust
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 Pdt 401(k) Plan in NY ($101M); by covered participants it is Mikuni Restaurant Group, Inc. 401(k) Plan in CA (468 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($101M here).

Similar participant headcount

Nearest other-state filings by covered participants (468 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 Northrim Bank Savings Incentive Plan assets move in 2024? ▼
Northrim Bank Savings Incentive Plan grew at a solid clip - up 11.0% during 2024, from $91M to $101M. Reported net income was $10M.
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 123,622 plans that reported assets for plan year 2024 (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 Pdt 401(k) Plan in NY ($101M, 244 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 Mikuni Restaurant Group, Inc. 401(k) Plan in CA (468 participants, $3M 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 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.