Defined Benefit (Pension) · DOL Form 5500 · 2022

Northwest Bank Pension Plan

Data updated 2026-08-25

$203M
Total assets Near avg plan size
1,769
Participants Near avg headcount
96th
Percentile by assets National rank
$114,753
Avg per participant Below avg balance/head
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Official DOL plan name: Northwest Bank Pension Plan · Sponsored by Northwest Bank · Pennsylvania · Finance & Insurance

$203M in assets, 1,769 participants

Northwest Bank's Northwest Bank Pension Plan reported $203M in total assets and 1,769 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.

  • #8,577 in Finance & Insurance (9,261 peers)

Coverage in Pennsylvania

Northwest Bank Pension Plan covers 1,769 participants in Pennsylvania, 2.2x the typical Pennsylvania plan (state average ~822 per filing). Assets: $203M.

#8,577
in Finance & Insurance (9,261 peers)
-15.2%
assets change YoY
2.0×
vs typical plan assets (national mean)

The plan reported a net loss of $36M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Northwest Bank Pension Plan's outsized position by total assets

Northwest Bank Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$202,997,727 Top 4% higher than 96% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Northwest Bank Pension Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Northwest Bank Pension Plan lands in the large band (1,769 participants).

Form 5500 schedule snapshot

Filing strip 232790930 · Northwest Bank PY 2022 · Defined Benefit (Pension)

Northwest Bank Pension Plan · $203M · 1,769 · 96th

  • RANK $203M
  • RANK 1,769
  • RANK 96th
  • RANK Defined Benefit (Pension)
  • RANK near Swift Pension Plan
  • RANK ind #8577

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Pennsylvania →

Northwest Bank Pension Plan in the asset neighbourhood

Stanford University Staff Retirement Annuity PlanStanford University Staff Re…$203MSwift Pension Plan$203MNorthwest Bank Pension Plan$203MWellington Management Company LLP Defined Benefit PlanWellington Management Compan…$203MFreight Drivers and Helpers Local Union No. 557 Pension PlanFreight Drivers and Helpers …$203M
End-of-year total assets ($M) among Northwest Bank Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$239M
Net Assets (End of Year)$203M
Net Income-$36M
Employer EIN232790930
Plan Effective Date1958-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northwest Bank)

Sponsor-wide plan assets over time

All Northwest Bank plans reported in each filing year

Latest sponsor-wide plan assets
$479M 7.374333054225424% vs 2022
2024 filing year
$440M$450M$460M$470M$480M$490M 202220232024 $446M $479M ▲ +7.4%
Year Plans Participants Total Assets
2022 2 4,197 $446M
2023 2 3,641 $465M
2024 2 3,282 $479M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Northwest Bank Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Northwest Bank Pension Plan, Total assets ($B): 0.202997727 · Participants: 1769Northwest Bank Pension PlanNational Elevator Industry Pension Plan, Total assets ($B): 10.401485458 · Participants: 27097National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 5.908424468 · Participants: 52395Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.402519 · Participants: 63731The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.359207207 · Participants: 5314Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 4.968344232 · Participants: 8098The Bank of New York Mellon Corporation Pension Plan
Northwest Bank Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Northwest Bank Pension Plan side-by-side with 3 peers →

Northwest Bank Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Swift Pension Plan in VA ($203M); by covered participants it is United Assn Full-Time Sal Off & Emp of Locl Unions Councils, St & Prov Pen Plan in MD (1,768 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,769 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Northwest Bank Pension Plan assets move in 2022? ▼
Northwest Bank Pension Plan declined sharply - down 15.2% during 2022, from $239M to $203M. Reported net income was -$36M.
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 Pension Plan rank by assets among Form 5500 filers? ▼
Northwest Bank Pension Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Northwest Bank Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Swift Pension Plan in VA ($203M, 234 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Northwest Bank Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is United Assn Full-Time Sal Off & Emp of Locl Unions Councils, St & Prov Pen Plan in MD (1,768 participants, $1.1B in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 232790930.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.