Plan5500

1st Security Bank Of Washington 401(K) Plan And Trust — Form 5500 plan (1st Security Bank Of Washington)

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, 1st Security Bank Of Washington 401(K) Plan And Trust is a benefit plan reported by 1st Security Bank Of Washington under EIN 91-0459933 and plan number 002. The latest loaded filing year is 2023. The filing reports 678 participants and $51,648,133 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$51.6MPlan net assets, end of year$51,648,133
Participants678Covered participants reported
Assets / participant$76.2KComputed: assets ÷ participants$76,177 (computed)
Provider compensation$25.2K1 Schedule C provider row(s)$25,167
Plan sponsor
1st Security Bank Of Washington
EIN
91-0459933
Plan number
002
Plan type
2
Location
Mountlake Terrace, WA
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    678 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$51.6M total assets
Net assets$51.6MLiabilities$0
Money in vs. money out
Total income / additions$15.1M
Total expenses$4.7M
Benefits paid / distributions$4.7M
Contributions
Employer$1.8M
Participant$4M
Full reported line items

Net assets

Total assets (EOY)
$51,648,133
Total liabilities (EOY)
$0
Net assets (EOY)
$51,648,133
Net assets (BOY)
$41,339,214

Income & contributions

Employer contributions
$1,790,225
Participant contributions
$3,991,384
Total contributions
$7,348,063
Total income / additions
$15,053,144

Expenses & distributions

Benefits paid
$4,719,099
Administrative expenses
$25,126
Total expenses
$4,744,225
Net increase / (decrease)
$10,308,919
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 31%Participant 69%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income31%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Fidelity Investments Institutional$25.2K
    RECORDKEEPER · Direct $25.2K · Indirect $0

Related Form 5500 pages