401(k) · DOL Form 5500 · 2022
Bank of Nova Scotia 401(k) Plan
Data updated 2026-08-11
- $353M
- Total assets
- 1,254
- Participants
- 97th
- Percentile by assets
- $281,249
- Avg per participant
Official DOL plan name: Retirement Plan for Employees of Scotiabank U. S. 401(k) · Sponsored by Bank of Nova Scotia · · Finance & Insurance
$353M in assets, 1,254 participants
Bank of Nova Scotia's Retirement Plan for Employees of Scotiabank U. S. 401(k) reported $353M in total assets and 1,254 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 139,126 plans)
- #8,799 in Finance & Insurance (9,261 peers)
Where Retirement Plan for Employees of Scotiabank U. S. 401(k) sits by assets
Retirement Plan for Employees of Scotiabank U. S. 401(k) sits in the top 5% of all filed plans by assets, $353M for 1,254 participants (~$281,249/participant), down 18.6% in 2022.
- $353M
- total plan assets (2022 EOY)
- 1,254
- covered participants
- 97th
- percentile by assets (of 139,126 plans)
- $281,249
- avg assets per participant
The plan reported a net loss of $81M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Retirement Plan for Employees of Scotiabank U. S. 401(k) vs the 2022 asset distribution
By assets, Retirement Plan for Employees of Scotiabank U. S. 401(k) outranks 97% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 3.5x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $434M |
|---|---|
| Net Assets (End of Year) | $353M |
| Net Income | -$81M |
| Employer EIN | 134941099 |
| Plan Effective Date | 1988-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Bank of Nova Scotia)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,418 | $454M |
| 2023 | 2 | 1,493 | $523M |
| 2024 | 2 | 1,551 | $610M |
Nearby 401(k) Plans in
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Retirement Plan for Employees of Scotiabank U. S. 401(k) vs. nearby 401(k) plans in , assets vs. participants
- The Magna Group of Companies Retirement Savings Plans $2.1B · 22,890
- Transcanada 401(k) and Savings Plan $832M · 2,989
- Four Seasons Hotels Retirement Benefit Plan $747M · 13,795
- Transocean U.S. Savings Plan $626M · 1,993
- Domtar US Salaried 401(k) Plan $535M · 1,532
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Retirement Plan for Employees of Scotiabank U. S. 401(k) by total assets, not by location.
- Boardwalk Pipeline Partners, LP Savings Plan (KY) $353M · 1,212
- Tractor Supply Company 401(k) Retirement Savings Plan (TN) $353M · 44,273
- Central Ohio Primary Care Physicians, Inc. Savings Plan (OH) $353M · 2,063
- The 401(k) Savings Plan (TX) $352M · 9,426
Frequently Asked Questions
How did Retirement Plan for Employees of Scotiabank U. S. 401(k) assets move in 2022? ▼
How have Bank of Nova Scotia plan assets changed over time? ▼
Where does Retirement Plan for Employees of Scotiabank U. S. 401(k) rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Retirement Plan for Employees of Scotiabank U. S. 401(k)? ▼
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Ways to act on Retirement Plan for Employees of Scotiabank U. S. 401(k)'s numbers.
- By total assets, Retirement Plan for Employees of Scotiabank U. S. 401(k) ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in . Compare plans
- Bank of Nova Scotia's sponsor-wide assets have grown 34.4% since 2022 across 3 plan years on file. More Finance & Insurance plans