Fs Bancorp, Inc. Employee Stock Ownership Plan — 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, Fs Bancorp, Inc. Employee Stock Ownership Plan is a benefit plan reported by 1st Security Bank Of Washington under EIN 91-0459933 and plan number 003. The latest loaded filing year is 2023. The filing reports 601 participants and $17,275,561 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$17.3MPlan net assets, end of year$17,275,561
Participants601Covered participants reported
Assets / participant$28.7KComputed: assets ÷ participants$28,745 (computed)
Provider compensationNone reported
Plan sponsor
1st Security Bank Of Washington
EIN
91-0459933
Plan number
003
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
    601 participants · 2Sch H
    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)$17.3M total assets
Net assets$17.3MLiabilities$0
Money in vs. money out
Total income / additions$2.1M
Total expenses$632.8K
Benefits paid / distributions$632.8K
Full reported line items

Net assets

Total assets (EOY)
$17,275,561
Total liabilities (EOY)
$0
Net assets (EOY)
$17,275,561
Net assets (BOY)
$15,822,657

Income & contributions

Total contributions
$0
Total income / additions
$2,085,654

Expenses & distributions

Benefits paid
$632,750
Administrative expenses
$0
Total expenses
$632,750
Net increase / (decrease)
$1,452,904
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.

Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income30%Computed ratio
Schedule C

Service provider compensation

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

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages