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Original filing (PDF)20251219165323NAL0003529971001
FIRST FED BANK
Form 5500
FILING_RECEIVED
FIRST FED BANK 401(K) PLAN
401(k) retirement plan
Signals · 1
No recordkeeper disclosed
Active participants
244
Accounts w/ balance
301
Plan assets (EOY)
$20.6M
Net assets (EOY)
$20.6M
How this plan invests
This plan
37 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
89
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- 47 bps in Schedule C fees — 60% above peer band of 29 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for FIRST FED BANK.
Plan sponsor
Name
FIRST FED BANK
EIN
91-0369590
Address
105 WEST 8TH ST. · PORT ANGELES, WA · 983626031
Phone
(360) 457-0461
Industry
Commercial Banking· Finance & Insurancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
002
Plan year
2024
Plan year begin
2024-07-01
Tax period
2025-06-30
Filed
2025-12-19
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2S · Automatic enrollment
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
3F · Sponsor used leased employees
Audit & trust (Schedule H)
Auditor
BAKER TILLY US, LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsAdvisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| SCS | 71-1004774 | — | INVESTMENT ADVISORY | $23K | — |
TPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | 42-0127290 | — | CONTRACT ADMINISTRATOR | $72K | — |
Investments
36 direct securities· $19.5M(95% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Vanguard Group Registered investment company Vanguard 500 Index Admiral Fd | — | — | — | $3.2M | 15.4% | |
| Vanguard Group Registered investment company Vanguard Tgt Rmt 2045 Inv Fund | — | — | — | $2.1M | 10.3% | |
| Vanguard Group Registered investment company Vanguard Tgt Rmt 2050 Inv Fund | — | — | — | $1.5M | 7.2% | |
| Vanguard Group Registered investment company Vanguard Tgt Rmt 2035 Inv Fund | — | — | — | $1.3M | 6.2% | |
| Vanguard Group Registered investment company Vanguard Tgt Rmt 2040 Inv Fund | — | — | — | $1.2M | 5.6% | |
| Vanguard Group Registered investment company Vanguard Tgt Rmt 2030 Inv Fund | — | — | — | $1.1M | 5.4% | |
| Vanguard Group Registered investment company Vanguard Tgt Rmt 2055 Inv Fund | — | — | — | $1.1M | 5.4% | |
| Vanguard Group Registered investment company Vanguard Tgt Rmt 2025 Inv Fund | — | — | — | $1.0M | 5.0% | |
| Vanguard Group Registered investment company Vanguard Mid Cap Index Adm Fd | — | — | — | $993K | 4.8% | |
| Principal Funds Inc Registered investment company Principal Blue Chip R6 Fund | — | — | — | $978K | 4.7% | |
| Vanguard Group Registered investment company Vanguard Value Index Adm Fund | — | — | — | $634K | 3.1% | |
| Vanguard Group Registered investment company Vanguard Sm Cap Index Adm Fund | — | — | — | $588K | 2.9% | |
| Principal Life Insurance * Company Insurance Company General Prin Fixed Inc Guar Option | — | — | — | $505K | 2.5% | |
| Vanguard Group Registered investment company Vanguard Tgt Rmt 2060 Inv Fund | — | — | — | $383K | 1.9% | |
| Participant loans Various maturity dates through April 2041; Interest rates 4.25% - 9.50% — | — | — | — | $345K | 1.7% | |
| PIMCO Funds Registered investment company PIMCO Low Dur Income Inst Fd | — | — | — | $314K | 1.5% | |
| Vanguard Group Registered investment company Vanguard Tgt Rmt 2065 Inv Fund | — | — | — | $309K | 1.5% | |
| Vanguard Group Registered investment company Vgd Ttl Intl Stk Idx Adm Fd | — | — | — | $276K | 1.3% | |
| First Northwest Bancorp Employer Security First Northwest Bancorp | — | — | — | $260K | 1.3% | |
| Vanguard Group Registered investment company Vanguard Long Trm Trea Idx Adm | — | — | — | $218K | 1.1% | |
| Vanguard Group Registered investment company Vanguard Short-Trm Trsy Adm Fd | — | — | — | $216K | 1.0% | |
| Principal Funds Inc Registered investment company Prin Real Estate Secs Inst Fd | — | — | — | $186K | 0.9% | |
| Vanguard Group Registered investment company Vanguard Tgt Rmt Inc Inv Fund | — | — | — | $134K | 0.7% | |
| Columbia Funds Registered investment company Columbia Div Income I2 Fund | — | — | — | $118K | 0.6% | |
| Legg Mason Registered investment company Clearbridge Intl Grwth I Fd | — | — | — | $111K | 0.5% | |
| Vanguard Group Registered investment company Vanguard Int-Tm Bd Idx Adm Fd | — | — | — | $104K | 0.5% | |
| Victory Funds Registered investment company Victory Sycamore Est Val I Fd | — | — | — | $103K | 0.5% | |
| Principal Funds Inc Registered investment company Princ SmallCap Growth I R6 Fd | — | — | — | $50K | 0.2% | |
| Vanguard Group Registered investment company Vanguard Tgt Rmt 2020 Inv Fund | — | — | — | $40K | 0.2% | |
| Eagle Financial Services, Inc. Registered investment company Carillon Eagle MidCaGwth R6 Fd | — | — | — | $40K | 0.2% | |
| PIMCO Funds Registered investment company PIMCO DIV INC INST FD | — | — | — | $38K | 0.2% | |
| Vanguard Group Registered investment company Vanguard Tgt Rmt 2070 Inv Fund | — | — | — | $26K | 0.1% | |
| (E) | — | — | $40K | $26K | 0.1% | |
| SEI Trust Company Registered investment company Allspring Spec Sm Cp Value R6 | — | — | — | $24K | 0.1% | |
| (E) | — | — | — | $2K | <0.1% | |
| Vanguard Group Registered investment company Vgd Infl-Prot Sec Adm Fund | — | — | — | $2K | <0.1% |
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