# Timberland Bank 401(k) Plan
Source: https://planprovider.pro/companies/timberland-bank-plan-002

> Timberland Bank's 401(k) plan: 274 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Timberland Bank

- **Sponsor EIN:** 205645878

- **Sponsor Address:** 624 SIMPSON AVENUE, HOQUIAM, WA, 98550

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

- **Total Participants:** 274

- **Total Assets:** $35.2M

## 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|274|$35.2M|$0|$0|

| 2023|288|$34.0M|$0|$0|

## 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|

| DELAP LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [DELAP LLP](https://planprovider.pro/provider/delap-llp) — Auditor

## 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|$90,129|$40,272|$49,857|—|—|

| 2023|$46,597|$8,140|$38,457|—|—|

## Similar Plans

- [Cashmere Valley Bank](https://planprovider.pro/companies/cashmere-valley-bank-401k-plan) — 276 participants

- [First Fed Bank](https://planprovider.pro/companies/first-fed-bank-401k-plan) — 244 participants

- [Bank Of The Pacific](https://planprovider.pro/companies/bank-of-the-pacific-401k-plan) — 202 participants

- [First Northwest Bancorp](https://planprovider.pro/companies/first-northwest-bancorp-plan) — 199 participants

- [Laird Norton Wetherby Trust Company, LLC](https://planprovider.pro/companies/laird-norton-trust-company-llc-401k-plan-001) — 191 participants

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

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/timberland-bank-plan-002)

© 2026 PlanProvider.Pro