401(k) · DOL Form 5500 · 2022

Northwest Bank 401(k) Plan

Data updated 2026-08-06

$243M
Total assets
2,428
Participants
96th
Percentile by assets
$100,141
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Northwest Bank 401(k) Plan · Sponsored by Northwest Bank · Pennsylvania · Finance & Insurance

$243M in assets, 2,428 participants

Northwest Bank's Northwest Bank 401(k) Plan reported $243M in total assets and 2,428 participants in its 2022 DOL Form 5500 filing, ranking in the 96th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 96th percentile by assets (of 139,258 plans)
  • #8,674 in Finance & Insurance (9,267 peers)

Coverage in Pennsylvania

Northwest Bank 401(k) Plan covers 2,428 participants in Pennsylvania, 2.9x the typical Pennsylvania plan (state average ~824 per filing). Assets: $243M.

$243M
total plan assets (2022 EOY)
2,428
covered participants
96th
percentile by assets (of 139,258 plans)
$100,141
avg assets per participant

The plan reported a net loss of $47M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 824 participants across 5,360 plans. Northwest Bank 401(k) Plan reports 2,428 participants - 2.9x that state average ($243M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$291M
Net Assets (End of Year)$243M
Net Income-$47M
Employer EIN232790930
Plan Effective Date1991-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northwest Bank)

$440M$450M$460M$470M$480M$490M 202220232024 $446M $479M ▲ +7.4%
Total plan assets by year, all Northwest Bank plans on file
Year Plans Participants Total Assets
2022 2 4,197 $446M
2023 2 3,641 $465M
2024 2 3,282 $479M

Nearby 401(k) Plans in Pennsylvania

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Northwest Bank 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Northwest Bank 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Northwest Bank 401(k…Comcast Corporation …Cigna 401(k) PlanThe PNC Financial Se…The Vanguard Retirem…The Bank of New York…
Northwest Bank 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Northwest Bank 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Northwest Bank 401(k) Plan assets move in 2022?
Northwest Bank 401(k) Plan declined sharply - down 16.3% during 2022, from $291M to $243M. Reported net income was -$47M.
How have Northwest Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Northwest Bank's sponsor-wide assets grew 7.4%, from $446M to $479M.
Where does Northwest Bank 401(k) Plan rank by assets among Form 5500 filers?
Northwest Bank 401(k) Plan ranks in the 96th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Northwest Bank 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Jasper Holdings, Inc. 401(k) Plan in IN ($243M, 3,563 participants).

Filing takeaways

Ways to act on Northwest Bank 401(k) Plan's numbers.