Defined Benefit (Pension) · DOL Form 5500 · 2022

The Bank of Nova Scotia Pension Plan

Data updated 2026-08-25

$101M
Total assets Near avg plan size
164
Participants Small participant base
93rd
Percentile by assets National rank
$615,469
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Scotiabank Pension Plan (United States) · Sponsored by The Bank of Nova Scotia · · Finance & Insurance

$101M in assets, 164 participants

The Bank of Nova Scotia's Scotiabank Pension Plan (United States) reported $101M in total assets and 164 participants in its 2022 DOL Form 5500 filing, ranking in the 93rd 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.

  • #8,188 in Finance & Insurance (9,261 peers)

Where Scotiabank Pension Plan (United States) sits by assets

Scotiabank Pension Plan (United States) sits in the top 10% of all filed plans by assets, $101M for 164 participants (~$615,469/participant), down 9.2% in 2022.

#8,188
in Finance & Insurance (9,261 peers)
-9.2%
assets change YoY
1.0×
vs typical plan assets (national mean)

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Scotiabank Pension Plan (United States)'s outsized position by total assets

Scotiabank Pension Plan (United States) vs every filed plan by assets

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

$100,936,871 Top 7% higher than 93% 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

Scotiabank Pension Plan (United States) among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Scotiabank Pension Plan (United States) sits mid-pack in the medium band (164 participants).

Plan-year Form 5500 strip

Filing strip 134941099 · The Bank of Nova Scotia PY 2022 · Defined Benefit (Pension)

Scotiabank Pension Plan (United States) · $101M · 164 · 93rd

  • PCT $101M
  • PCT 164
  • PCT 93rd
  • PCT Defined Benefit (Pension)
  • PCT near The Rutland Hospital, Inc. Ret. Income Plan
  • PCT ind #8188

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 →

Scotiabank Pension Plan (United States) in the asset neighbourhood

Plumbers & Pipefitters Local 104 Pension PlanPlumbers & Pipefitters Local…$101MScotiabank Pension Plan (United States)Scotiabank Pension Plan (Uni…$101MThe Rutland Hospital, Inc. Ret. Income PlanThe Rutland Hospital, Inc. R…$101MDykema Gossett PLLC Retirement PlanDykema Gossett PLLC Retireme…$101MMagnetek Flexcare Plus Retirement Pension PlanMagnetek Flexcare Plus Retir…$101M
End-of-year total assets ($M) among Scotiabank Pension Plan (United States) and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$111M
Net Assets (End of Year)$101M
Net Income-$10M
Employer EIN134941099
Plan Effective Date1974-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Bank of Nova Scotia)

Sponsor-wide plan assets over time

All The Bank of Nova Scotia plans reported in each filing year

Latest sponsor-wide plan assets
$610M 34.38940493999789% vs 2022
2024 filing year
$400M$450M$500M$550M$600M$650M 202220232024 $454M $610M ▲ +34.4%
Year Plans Participants Total Assets
2022 2 1,418 $454M
2023 2 1,493 $523M
2024 2 1,551 $610M

Nearby Defined Benefit (Pension) Plans in

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

Scotiabank Pension Plan (United States) vs. nearby Defined Benefit (Pension) plans in , assets vs. participants Scatter plot of 6 data points. 0500100015002000 00.511.5 Total assets ($B) Participants Scotiabank Pension Plan (United States), Total assets ($B): 0.100936871 · Participants: 164Scotiabank Pension Plan (United States)Transocean U.S. Retirement Plan, Total assets ($B): 1.131998335 · Participants: 1062Transocean U.S. Retirement PlanResolute Fp US Pension Plan, Total assets ($B): 0.550299359 · Participants: 411Resolute Fp US Pension PlanRetirement Plan for Employees of Learjet Inc., Bombardier Aerospace Corporation and Affiliates, Total assets ($B): 0.43910028 · Participants: 1025Retirement Plan for Employees of Learjet Inc., Bombardier Aerospace Corporation and AffiliatesMagna U.S. Consolidated Pension Plan, Total assets ($B): 0.158105285 · Participants: 472Magna U.S. Consolidated Pension PlanDomtar US Hourly Pension Plan, Total assets ($B): 0.152563809 · Participants: 1457Domtar US Hourly Pension Plan
Scotiabank Pension Plan (United States) vs. nearby Defined Benefit (Pension) plans in , assets vs. participants

Scotiabank Pension Plan (United States)'s out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside this state, the nearest Defined Benefit (Pension) by assets is The Rutland Hospital, Inc. Ret. Income Plan in VT ($101M); by covered participants it is United Construction Workers Pension Fund in MN (164 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (164 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 Scotiabank Pension Plan (United States) assets move in 2022? ▼
Scotiabank Pension Plan (United States) pulled back noticeably - down 9.2% during 2022, from $111M to $101M. Reported net income was -$10M.
How have The Bank of Nova Scotia plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Bank of Nova Scotia's sponsor-wide assets grew 34.4%, from $454M to $610M.
Where does Scotiabank Pension Plan (United States) rank by assets among Form 5500 filers? ▼
Scotiabank Pension Plan (United States) ranks in the 93rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Scotiabank Pension Plan (United States)? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Rutland Hospital, Inc. Ret. Income Plan in VT ($101M, 240 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Scotiabank Pension Plan (United States)? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is United Construction Workers Pension Fund in MN (164 participants, $41M in assets).