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
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
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.
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 EIN | 920006595 |
| Plan Effective Date | 1999-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (First National Bank Alaska)
| 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
- Arctic Slope Regional Corporation and Subsidiaries Employees Retirement Plan $1.5B · 15,504
- Gainwell Technologies 401(k) Plan $691M · 10,917
- Cook Inlet Region 401(k) Retirement Plan $589M · 5,189
- Bristol Bay Native Corporation 401(k) Savings Plan $480M · 5,230
- Chenega Corporation 401(k) Profit Sharing Plan and Trust $451M · 7,277
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.
- Supplyone 401(k) Plan (PA) $120M · 2,115
- Ward and Smith, P.a. 401(k) and Profit Sharing Plan (NC) $120M · 232
- Klaviyo, Inc. 401(k) Plan (MA) $120M · 1,461
- Highwoods Properties 401(k) Retirement Plan (NC) $119M · 352
Frequently Asked Questions
How did First National Bank Alaska Profit Sharing & 401(k) Plan assets move in 2024? ▼
How have First National Bank Alaska plan assets changed over time? ▼
Where does First National Bank Alaska Profit Sharing & 401(k) Plan rank by assets among Form 5500 filers? ▼
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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.
- By total assets, First National Bank Alaska Profit Sharing & 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Alaska. Compare plans
- First National Bank Alaska's sponsor-wide assets have grown 24.6% since 2022 across 3 plan years on file. More Finance & Insurance plans