ESOP · DOL Form 5500 · 2024

First Northwest Bancorp ESOP

Data updated 2026-08-25

$7M
Total assets Small plan by assets
213
Participants Below avg headcount
47th
Percentile by assets National rank
$31,167
Avg per participant Low balance/head
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Official DOL plan name: First Northwest Bancorp Employee Stock Ownership Plan · Sponsored by First Northwest Bancorp · Washington · Finance & Insurance

$7M in assets, 213 participants

First Northwest Bancorp's First Northwest Bancorp Employee Stock Ownership Plan reported $7M in total assets and 213 participants in its 2024 DOL Form 5500 filing, ranking in the 47th 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.

  • #2,763 in Finance & Insurance (8,549 peers)

Coverage in Washington

First Northwest Bancorp Employee Stock Ownership Plan covers 213 participants in Washington, about 14% of the average Washington filer (state average ~1,476 per filing). Assets: $7M.

#2,763
in Finance & Insurance (8,549 peers)
-26.1%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First Northwest Bancorp Employee Stock Ownership Plan's mid-pack asset rank among Finance & Insurance and all filers

First Northwest Bancorp Employee Stock Ownership Plan vs every filed plan by assets

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

$6,638,646 47th percentile higher than 47% 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

First Northwest Bancorp 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. First Northwest Bancorp Employee Stock Ownership Plan sits mid-pack in the medium band (213 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First Northwest Bancorp Employee Stock Ownership Plan reported net income fell from -$1M in the plan year 2023 filing to -$2M in the plan year 2024 filing.
  • First Northwest Bancorp Employee Stock Ownership Plan end-of-year assets fell from $9M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • First Northwest Bancorp Employee Stock Ownership Plan reported participants fell from 226 in the plan year 2023 filing to 213 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 461259100 · First Northwest Bancorp PY 2024 · ESOP

First Northwest Bancorp Employee Stock Ownership Plan · $7M · 213 · 47th

  • TYPE $7M
  • TYPE 213
  • TYPE 47th
  • TYPE ESOP
  • TYPE near Derk Harmsen Construction Co., Inc. Employee Stock Ownership Plan
  • TYPE ind #2763

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 →

First Northwest Bancorp Employee Stock Ownership Plan in the asset neighbourhood

Murphy Bank Employee Stock Ownership PlanMurphy Bank Employee Stock O…$7MZia Record Exchange Employee Stock Ownership PlanZia Record Exchange Employee…$7MFirst Northwest Bancorp Employee Stock Ownership PlanFirst Northwest Bancorp Empl…$7MDerk Harmsen Construction Co., Inc. Employee Stock Ownership PlanDerk Harmsen Construction Co…$7MTorrey Pines Landscape Co,Inc.Employee Stock Ownership PlanTorrey Pines Landscape Co,In…$7M
End-of-year total assets ($M) among First Northwest Bancorp Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Washington filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)-$429K
Net Income-$2M
Employer EIN461259100
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Northwest Bancorp)

Sponsor-wide plan assets over time

All First Northwest Bancorp plans reported in each filing year

Latest sponsor-wide plan assets
$7M 38.30684664173036% vs 2022
2024 filing year
$6M$8M$10M$12M 202220232024 $10.8M $6.64M ▼ -38.3%
Year Plans Participants Total Assets
2022 1 219 $11M
2023 1 226 $9M
2024 1 213 $7M

Nearby ESOP Plans in Washington

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

First Northwest Bancorp Employee Stock Ownership Plan vs. nearby ESOP plans in Washington, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -101234 Total assets ($B) Participants First Northwest Bancorp Employee Stock Ownership Plan, Total assets ($B): 0.006638646 · Participants: 213First Northwest Bancorp Employee Stock Ownership PlanSchweitzer 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
First Northwest Bancorp Employee Stock Ownership Plan vs. nearby ESOP plans in Washington, assets vs. participants
Compare First Northwest Bancorp Employee Stock Ownership Plan side-by-side with 3 peers →

First Northwest Bancorp Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Washington, the nearest ESOP by assets is Derk Harmsen Construction Co., Inc. Employee Stock Ownership Plan in TX ($7M); by covered participants it is The Cmi Group, Inc Employee Stock Ownership Plan in TX (213 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (213 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 First Northwest Bancorp Employee Stock Ownership Plan assets move in 2024? ▼
First Northwest Bancorp Employee Stock Ownership Plan declined sharply - down 26.1% during 2024, from $9M to $7M. Reported net income was -$2M.
How have First Northwest Bancorp plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Northwest Bancorp's sponsor-wide assets declined 38.3%, from $11M to $7M.
Which ESOP plans are similar in size to First Northwest Bancorp Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Derk Harmsen Construction Co., Inc. Employee Stock Ownership Plan in TX ($7M, 21 participants).
Which ESOP plans cover a similar participant headcount to First Northwest Bancorp Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is The Cmi Group, Inc Employee Stock Ownership Plan in TX (213 participants, $2M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 461259100.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.