Coastal Community Bank 401(k) Plan: Login, Facts & Contact Information

Coastal Community Bank 401(k) Plan Facts

Plan name
COASTAL COMMUNITY BANK 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing with a company-stock (ESOP) component
Plan sponsor
COASTAL COMMUNITY BANK
Participants
579 (486 active employees)
Former employees with a balance
68
Plan assets
$45,429,343 at Dec 31, 2024
Average account balance
$82,599 across 550 accounts
Employer contributions
$1,955,591 in plan year 2024 (27% of all contributions)
Recordkeeper
Northwest Plan Services
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Sep 1, 1997
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants— Participants choose their own investments— Self-directed brokerage window✓ Profit sharing✓ Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 30, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $7.28 million went into the plan in contributions, $1.96 million of it from the employer (27%).
  • $5.39 million was paid out to participants.
  • Investment and other income added $5.46 million.
  • Administrative expenses were $111,716, about $203 per account.

How the Coastal Community Bank 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019223$18.3 million$561,250$527,227
2020242$24.2 million$739,187$1.10 million
2021290$32.3 million$1.08 million$1.01 million
2022416$28.9 million$1.33 million$1.56 million
2023490$38.3 million$1.67 million$2.85 million
2024579$45.4 million$1.96 million$5.39 million

Coastal Community Bank 401(k) Contact Information

Phone
425-357-3695
Mailing address
5415 EVERGREEN WAY, EVERETT WA 98203
Plan sponsor
COASTAL COMMUNITY BANK
Employer identification number (EIN)
91-1811848
Plan number
001

Questions about the Coastal Community Bank 401(k)

Does Coastal Community Bank contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.96 million, 27% of all contributions.

Does the Coastal Community Bank 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Coastal Community Bank 401(k) plan?

579 participants at the start of plan year 2024, 486 of them active employees, and 68 former employees who still had money in the plan.

What is the average 401(k) balance at Coastal Community Bank?

About $82,599 per account: $45.4 million in plan assets across 550 accounts with a balance at the end of plan year 2024.

Who manages the Coastal Community Bank 401(k) accounts?

NWPS (listed on the filing as NORTHWEST PLAN SERVICES) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Coastal Community Bank. How do I access my 401(k)?

Your account stays with NWPS after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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