# Seattle Bank 401(k) Plan
Source: https://planprovider.pro/companies/seattle-bank-401k-plan

> Seattle Bank's 401(k) plan: 96 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Seattle Bank

- **Sponsor EIN:** 911984151

- **Sponsor Address:** 401 UNION STREET, SEATTLE, WA, 98101

- **Plan Type:** 401(k)

- **Total Participants:** 96

- **Total Assets:** $18.3M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|96|$18.3M|$365,162|$933,381|

| 2023|76|$16.4M|$344,494|$737,671|

| 2022|59|$13.3M|$240,698|$614,112|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| PLANTE MORAN|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$64,134|$34,494|—|—|—|

| 2023|$56,464|$28,639|—|—|—|

| 2022|$57,124|$29,150|—|—|$22,296|

## Similar Plans

- [Security State Bank; Security State Mortgage Company](https://planprovider.pro/companies/security-state-bank-security-state-mortgage-company-401k-plan) — 90 participants

- [Community Bank](https://planprovider.pro/companies/community-bank-401k-plan-001-6426) — 85 participants

- [Wtb Financial Corporation](https://planprovider.pro/companies/wtb-financial-corporation-plan) — 77 participants

- [Savi Financial Corporation](https://planprovider.pro/companies/savi-financial-corporation-401k-plan) — 135 participants

- [Community First Bancorporation](https://planprovider.pro/companies/community-first-bancorporation-401k-plan) — 140 participants

- [State Bank Northwest](https://planprovider.pro/companies/state-bank-northwest-401k-plan) — 45 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/seattle-bank-401k-plan)

© 2026 PlanProvider.Pro