Washington Financial Bank 401(K) Plan — Form 5500 plan (Washington Financial Bank)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Washington Financial Bank 401(K) Plan is a benefit plan reported by Washington Financial Bank under EIN 25-0866405 and plan number 001. The latest loaded filing year is 2023. The filing reports 186 participants and $26,072,922 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Washington Financial Bank
- EIN
- 25-0866405
- Plan number
- 001
- Plan type
- 2
- Location
- Washington, PA
- Latest filing year
- 2023
- Participants
- 186
- End-of-year plan assets
- $26,072,922
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 186 | H, C | 20241004142053NAL0023926802001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $26,072,922
- Net assets (EOY)
- $26,072,922
- Net assets (BOY)
- $24,322,415
Income & contributions
- Employer contributions
- $531,267
- Participant contributions
- $988,119
- Total contributions
- $1,616,368
- Total income / additions
- $5,412,735
Expenses & distributions
- Benefits paid
- $3,661,034
- Administrative expenses
- $1,194
- Total expenses
- $3,662,228
- Net increase / (decrease)
- $1,750,507
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Definiti, LLC | THIRD PARTY ADMIN | $6,660 | $0 | 2023 |
| Empower Annuity Insurance Company | RECORDKEEPER | $1,198 | $0 | 2023 |