401(k) · DOL Form 5500 · 2024

1st Security Bank of Washington 401(k) Plan

Data updated 2026-08-25

$78M
Total assets Below avg plan size
585
Participants Below avg headcount
89th
Percentile by assets National rank
$133,950
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: 1st Security Bank of Washington 401(k) Plan and Trust · Sponsored by 1st Security Bank of Washington · Washington · Finance & Insurance

$78M in assets, 585 participants

1st Security Bank of Washington's 1st Security Bank of Washington 401(k) Plan and Trust reported $78M in total assets and 585 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,037 in Finance & Insurance (8,549 peers)

Coverage in Washington

1st Security Bank of Washington 401(k) Plan and Trust covers 585 participants in Washington, about 40% of the average Washington filer (state average ~1,476 per filing). Assets: $78M.

#7,037
in Finance & Insurance (8,549 peers)
+51.7%
assets growth YoY
0.8×
vs typical plan assets (national mean)

1st Security Bank of Washington 401(k) Plan and Trust's outsized position by total assets

1st Security Bank of Washington 401(k) Plan and Trust vs every filed plan by assets

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

$78,360,599 Top 11% higher than 89% 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

1st Security Bank of Washington 401(k) Plan and Trust 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. 1st Security Bank of Washington 401(k) Plan and Trust sits mid-pack in the medium band (585 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 1st Security Bank of Washington 401(k) Plan and Trust end-of-year assets rose from $52M in the plan year 2023 filing to $78M in the plan year 2024 filing.
  • 1st Security Bank of Washington 401(k) Plan and Trust reported net income fell from $10M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • 1st Security Bank of Washington 401(k) Plan and Trust reported participants rose from 555 in the plan year 2023 filing to 585 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 910459933 · 1st Security Bank of Washington PY 2024 · 401(k)

1st Security Bank of Washington 401(k) Plan and Trust · $78M · 585 · 89th

  • EIN $78M
  • RANK 585
  • PHOTO 89th
  • IND 401(k)
  • EOY near Ophthalmic Consultants of Long Island 401(k) Plan
  • 5500 ind #7037

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 Washington →

1st Security Bank of Washington 401(k) Plan and Trust in the asset neighbourhood

Weinberg, Wheeler, Hudgins, Gunn & Dial, LLC Employees' 401(k) Profit Sharing PlanWeinberg, Wheeler, Hudgins, …$78MOphthalmic Consultants of Long Island 401(k) PlanOphthalmic Consultants of Lo…$78M1st Security Bank of Washington 401(k) Plan and Trust1st Security Bank of Washing…$78MMercycare 401(k) Retirement PlanMercycare 401(k) Retirement …$78MFirst State Orthopaedics, P.a. 401(k) Profit Sharing PlanFirst State Orthopaedics, P.…$78M
End-of-year total assets ($M) among 1st Security Bank of Washington 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Washington filing particulars

Total Assets (Beginning of Year)$52M
Net Assets (End of Year)$78M
Net Income$8M
Employer EIN910459933
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (1st Security Bank of Washington)

Sponsor-wide plan assets over time

All 1st Security Bank of Washington plans reported in each filing year

Latest sponsor-wide plan assets
$78M 37.085434099943996% vs 2022
2024 filing year
$50M$60M$70M$80M$90M 202220232024 $57.2M $78.4M ▲ +37.1%
Year Plans Participants Total Assets
2022 2 981 $57M
2023 2 1,001 $69M
2024 2 998 $78M

Nearby 401(k) Plans in Washington

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

1st Security Bank of Washington 401(k) Plan and Trust vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -500000050000010000001500000 -20020406080 Total assets ($B) Participants 1st Security Bank of Washington 401(k) Plan and Trust, Total assets ($B): 0.078360599 · Participants: 5851st Security Bank of Washington 401(k) Plan and TrustThe 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
1st Security Bank of Washington 401(k) Plan and Trust vs. nearby 401(k) plans in Washington, assets vs. participants

1st Security Bank of Washington 401(k) Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is Ophthalmic Consultants of Long Island 401(k) Plan in NY ($78M); by covered participants it is Ngl Energy 401(k) Plan in OK (585 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (585 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 1st Security Bank of Washington 401(k) Plan and Trust assets move in 2024?
1st Security Bank of Washington 401(k) Plan and Trust surged - up 51.7% during 2024, from $52M to $78M. Reported net income was $8M.
How have 1st Security Bank of Washington plan assets changed over time?
Across 3 plan years on file (2022-2024), 1st Security Bank of Washington's sponsor-wide assets grew 37.1%, from $57M to $78M.
Where does 1st Security Bank of Washington 401(k) Plan and Trust rank by assets among Form 5500 filers?
1st Security Bank of Washington 401(k) Plan and Trust ranks in the 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to 1st Security Bank of Washington 401(k) Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Ophthalmic Consultants of Long Island 401(k) Plan in NY ($78M, 1,152 participants).
Which 401(k) plans cover a similar participant headcount to 1st Security Bank of Washington 401(k) Plan and Trust?
Among 401(k) plans in other states, the closest by covered participants is Ngl Energy 401(k) Plan in OK (585 participants, $117M in assets).