ESOP · DOL Form 5500 · 2024

1st Security Bank of Washington ESOP

Data updated 2026-08-25

N/A
Total assets
413
Participants Below avg headcount
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Official DOL plan name: Fs Bancorp, Inc/ Employee Stock Ownership Plan · Sponsored by 1st Security Bank of Washington · Washington · Finance & Insurance

N/A in assets, 413 participants

1st Security Bank of Washington's Fs Bancorp, Inc/ Employee Stock Ownership Plan reported N/A in total assets and 413 participants in its 2024 DOL Form 5500 filing. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

Coverage in Washington

Fs Bancorp, Inc/ Employee Stock Ownership Plan covers 413 participants in Washington, about 28% of the average Washington filer (state average ~1,476 per filing). Assets: N/A.

$1M
reported net income

Fs Bancorp, Inc/ Employee Stock Ownership 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. Fs Bancorp, Inc/ Employee Stock Ownership Plan sits mid-pack in the medium band (413 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Fs Bancorp, Inc/ Employee Stock Ownership Plan reported participants fell from 446 in the plan year 2023 filing to 413 in the plan year 2024 filing.
  • Fs Bancorp, Inc/ Employee Stock Ownership Plan reported net income fell from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 910459933 · 1st Security Bank of Washington PY 2024 · ESOP

Fs Bancorp, Inc/ Employee Stock Ownership Plan · N/A · 413

  • BOY N/A
  • BOY 413
  • BOY PY 2024
  • BOY ESOP
  • BOY near Nortm Bhag Employee Stock Ownership Plan
  • BOY $1M

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 What is an ESOP? → · Plans in Washington →

Washington filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)N/A
Net Income$1M
Employer EIN910459933
Plan Effective Date2012-01-01
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 ESOP Plans in Washington

Peer ESOP plans, same state, same plan type, ranked by total assets.

Fs Bancorp, Inc/ Employee Stock Ownership Plan vs. nearby ESOP plans in Washington, assets vs. participants Scatter plot of 5 data points. -1000010002000300040005000 -101234 Total assets ($B) Participants Schweitzer Engineering Laboratories, Inc. Employee Stock Ownership Plan, Total assets ($B): 3.162915985 · Participants: 4281Schweitzer Engineering Laboratories, Inc. Employee Stock Ownership PlanTriple B Corporation Employee Stock Ownership Plan, Total assets ($B): 0.30805532 · Participants: 1238Triple B Corporation Employee Stock Ownership PlanManson Construction Co. Non-Craft Employee Stock Ownership Plan, Total assets ($B): 0.207396855 · Participants: 291Manson Construction Co. Non-Craft Employee Stock Ownership PlanParametrix, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.159192217 · Participants: 737Parametrix, Inc. Employee Stock Ownership PlanThe Plexsys Interface Products, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.097195017 · Participants: 184The Plexsys Interface Products, Inc. Employee Stock Ownership Plan
Fs Bancorp, Inc/ Employee Stock Ownership Plan vs. nearby ESOP plans in Washington, assets vs. participants

Fs Bancorp, Inc/ Employee Stock Ownership Plan's closest out-of-state ESOP peers by headcount

Outside Washington, the nearest ESOP by covered participants is Nortm Bhag Employee Stock Ownership Plan in NY (413 participants; this filing: 413 participants).

Similar participant headcount

Nearest other-state filings by covered participants (413 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 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.
Which ESOP plans cover a similar participant headcount to Fs Bancorp, Inc/ Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Nortm Bhag Employee Stock Ownership Plan in NY (413 participants, $8M in assets).