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

Northrim Bank 401(k) Plan Facts

Plan name
NORTHRIM BANK SAVINGS INCENTIVE PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
NORTHRIM BANK
Participants
712 (482 active employees)
Former employees with a balance
247
Plan assets
$101,443,534 at Dec 31, 2024
Average account balance
$139,154 across 729 accounts
Employer contributions
$2,112,956 in plan year 2024 (30% of all contributions)
Recordkeeper
Nwps
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 1992
✓ 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 Oct 8, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $7.06 million went into the plan in contributions, $2.11 million of it from the employer (30%).
  • $10.8 million was paid out to participants.
  • Investment and other income added $13.8 million.
  • Administrative expenses were $145,759, about $200 per account.

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

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019581$60.5 million$1.45 million$3.17 million
2020592$71.4 million$1.73 million$2.86 million
2021638$85.9 million$1.86 million$4.36 million
2022658$75.3 million$1.94 million$4.62 million
2023690$91.4 million$2.09 million$4.95 million
2024712$101.4 million$2.11 million$10.8 million

Northrim Bank 401(k) Contact Information

Phone
907-261-3540
Mailing address
3111 C STREET, ANCHORAGE AK 99503
Plan sponsor
NORTHRIM BANK
Employer identification number (EIN)
92-0134436
Plan number
001

Questions about the Northrim Bank 401(k)

Does Northrim Bank contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $2.11 million, 30% of all contributions.

Does the Northrim Bank 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

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

712 participants at the start of plan year 2024, 482 of them active employees, and 247 former employees who still had money in the plan.

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

About $139,154 per account: $101.4 million in plan assets across 729 accounts with a balance at the end of plan year 2024.

Who manages the Northrim Bank 401(k) accounts?

NWPS is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Northrim 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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