401(k) · DOL Form 5500 · 2024

Washington Financial Bank 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Below avg plan size
161
Participants Small participant base
74th
Percentile by assets National rank
$155,744
Avg per participant Above avg balance/head
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Official DOL plan name: Washington Financial Bank 401(k) Plan · Sponsored by Washington Financial Bank · Pennsylvania · Finance & Insurance

$25M in assets, 161 participants

Washington Financial Bank's Washington Financial Bank 401(k) Plan reported $25M in total assets and 161 participants in its 2024 DOL Form 5500 filing, ranking in the 74th 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.

  • #5,186 in Finance & Insurance (8,549 peers)

Coverage in Pennsylvania

Washington Financial Bank 401(k) Plan covers 161 participants in Pennsylvania, about 20% of the average Pennsylvania filer (state average ~822 per filing). Assets: $25M.

#5,186
in Finance & Insurance (8,549 peers)
-3.8%
assets change YoY

The plan reported a net loss of $998K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Washington Financial Bank 401(k) Plan's outsized position by total assets

Washington Financial Bank 401(k) Plan vs every filed plan by assets

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

$25,074,832 Top 26% higher than 74% 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

Washington Financial Bank 401(k) 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. Washington Financial Bank 401(k) Plan sits mid-pack in the medium band (161 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Washington Financial Bank 401(k) Plan reported net income fell from $2M in the plan year 2023 filing to -$998K in the plan year 2024 filing.
  • Washington Financial Bank 401(k) Plan reported participants fell from 169 in the plan year 2023 filing to 161 in the plan year 2024 filing.
  • Washington Financial Bank 401(k) Plan end-of-year assets fell from $26M in the plan year 2023 filing to $25M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 250866405 · Washington Financial Bank PY 2024 · 401(k)

Washington Financial Bank 401(k) Plan · $25M · 161 · 74th

  • PCT $25M
  • PCT 161
  • PCT 74th
  • PCT 401(k)
  • PCT near Telit North America 401(k) Plan
  • PCT ind #5186

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 Pennsylvania →

Washington Financial Bank 401(k) Plan in the asset neighbourhood

Providence Bank Retirement PlanProvidence Bank Retirement P…$25MWashington Financial Bank 401(k) PlanWashington Financial Bank 40…$25MTelit North America 401(k) PlanTelit North America 401(k) P…$25MHelena Laboratories Corporation 401(k) Profit Sharing PlanHelena Laboratories Corporat…$25MSpyglass Corporate Services Group 401(k) PlanSpyglass Corporate Services …$25M
End-of-year total assets ($M) among Washington Financial Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$25M
Net Income-$998K
Employer EIN250866405
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Washington Financial Bank)

Sponsor-wide plan assets over time

All Washington Financial Bank plans reported in each filing year

Latest sponsor-wide plan assets
$25M 3.0935127124506345% vs 2022
2024 filing year
$24M$25M$26M$27M 202220232024 $24.3M $25.1M ▲ +3.1%
Year Plans Participants Total Assets
2022 1 168 $24M
2023 1 169 $26M
2024 1 161 $25M

Nearby 401(k) Plans in Pennsylvania

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

Washington Financial Bank 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Washington Financial Bank 401(k) Plan, Total assets ($B): 0.025074832 · Participants: 161Washington Financial Bank 401(k) PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 19.687957793 · Participants: 90495Comcast Corporation Retirement - Investment PlanThe Cigna Group 401(k) Plan, Total assets ($B): 14.20308608 · Participants: 63634The Cigna Group 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 11.084818612 · Participants: 18066The Vanguard Retirement and Savings PlanThermo Fisher Scientific Inc. 401(k) Retirement Plan, Total assets ($B): 10.263366209 · Participants: 36150Thermo Fisher Scientific Inc. 401(k) Retirement PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 10.189629 · Participants: 54604The PNC Financial Services Group, Inc. Incentive Savings Plan
Washington Financial Bank 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

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

Outside Pennsylvania, the nearest 401(k) by assets is Telit North America 401(k) Plan in NC ($25M); by covered participants it is Akebia Therapeutics 401(k) Plan in MA (161 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (161 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 Washington Financial Bank 401(k) Plan assets move in 2024?
Washington Financial Bank 401(k) Plan edged down modestly - down 3.8% during 2024, from $26M to $25M. Reported net income was -$998K.
How have Washington Financial Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Washington Financial Bank's sponsor-wide assets grew 3.1%, from $24M to $25M.
Which 401(k) plans are similar in size to Washington Financial Bank 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Telit North America 401(k) Plan in NC ($25M, 160 participants).
Which 401(k) plans cover a similar participant headcount to Washington Financial Bank 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Akebia Therapeutics 401(k) Plan in MA (161 participants, $43M in assets).