401(k) · DOL Form 5500 · 2024

First National Bank Alaska 401(k) Plan

Data updated 2026-08-11

$120M
Total assets
620
Participants
92nd
Percentile by assets
$192,766
Avg per participant
PlainRetire home → About this data

Official DOL plan name: First National Bank Alaska Profit Sharing & 401(k) Plan · Sponsored by First National Bank Alaska · Alaska · Finance & Insurance

$120M in assets, 620 participants

First National Bank Alaska's First National Bank Alaska Profit Sharing & 401(k) Plan reported $120M in total assets and 620 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 123,622 plans)
  • #7,438 in Finance & Insurance (8,549 peers)

Where First National Bank Alaska Profit Sharing & 401(k) Plan sits by assets

First National Bank Alaska Profit Sharing & 401(k) Plan sits in the top 10% of all filed plans by assets, $120M for 620 participants (~$192,766/participant), up 7.8% in 2024.

$120M
total plan assets (2024 EOY)
620
covered participants
92nd
percentile by assets (of 123,622 plans)
$192,766
avg assets per participant

Where First National Bank Alaska Profit Sharing & 401(k) Plan sits by total assets

First National Bank Alaska Profit Sharing & 401(k) Plan vs every filed plan by assets

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

$119,514,642 Top 8% higher than 92% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First National Bank Alaska Profit Sharing & 401(k) Plan reported net income fell from $15M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • First National Bank Alaska Profit Sharing & 401(k) Plan end-of-year assets rose from $111M in the plan year 2023 filing to $120M in the plan year 2024 filing.
  • First National Bank Alaska Profit Sharing & 401(k) Plan reported participants rose from 607 in the plan year 2023 filing to 620 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

First National Bank Alaska Profit Sharing & 401(k) Plan vs the 2024 asset distribution

By assets, First National Bank Alaska Profit Sharing & 401(k) Plan outranks 92% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.2x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$111M
Net Assets (End of Year)$120M
Net Income$9M
Employer EIN920006595
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First National Bank Alaska)

$90M$100M$110M$120M$130M 202220232024 $95.9M $120M ▲ +24.6%
Total plan assets by year, all First National Bank Alaska plans on file
Year Plans Participants Total Assets
2022 1 614 $96M
2023 1 607 $111M
2024 1 620 $120M

Nearby 401(k) Plans in Alaska

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

First National Bank Alaska Profit Sharing & 401(k) Plan vs. nearby 401(k) plans in Alaska, assets vs. participants

First National Bank Alaska Profit Sharing & 401(k) 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 First National Bank …Arctic Slope Regiona…Gainwell Technologie…Cook Inlet Region 40…Bristol Bay Native C…Chenega Corporation …
First National Bank Alaska Profit Sharing & 401(k) Plan vs. nearby 401(k) plans in Alaska, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to First National Bank Alaska Profit Sharing & 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did First National Bank Alaska Profit Sharing & 401(k) Plan assets move in 2024?
First National Bank Alaska Profit Sharing & 401(k) Plan grew at a solid clip - up 7.8% during 2024, from $111M to $120M. Reported net income was $9M.
How have First National Bank Alaska plan assets changed over time?
Across 3 plan years on file (2022-2024), First National Bank Alaska's sponsor-wide assets grew 24.6%, from $96M to $120M.
Where does First National Bank Alaska Profit Sharing & 401(k) Plan rank by assets among Form 5500 filers?
First National Bank Alaska Profit Sharing & 401(k) Plan ranks in the 92nd 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 First National Bank Alaska Profit Sharing & 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Supplyone 401(k) Plan in PA ($120M, 2,115 participants).

Next read for First National Bank Alaska Profit Sharin…

Scale reading

Ways to act on First National Bank Alaska Profit Sharing & 401(k) Plan's numbers.