Defined Benefit (Pension) · DOL Form 5500 · 2022
The Bank of Nova Scotia Pension Plan
Data updated 2026-08-11
- $101M
- Total assets
- 164
- Participants
- 93rd
- Percentile by assets
- $615,469
- Avg per participant
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.
- 93rd percentile by assets (of 139,126 plans)
- #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.
- $101M
- total plan assets (2022 EOY)
- 164
- covered participants
- 93rd
- percentile by assets (of 139,126 plans)
- $615,469
- avg assets per participant
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) vs the 2022 asset distribution
By assets, Scotiabank Pension Plan (United States) outranks 93% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.0x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $111M |
|---|---|
| Net Assets (End of Year) | $101M |
| Net Income | -$10M |
| Employer EIN | 134941099 |
| Plan Effective Date | 1974-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The 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 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
- Transocean U.S. Retirement Plan $1.1B · 1,062
- Resolute Fp US Pension Plan $550M · 411
- Retirement Plan for Employees of Learjet Inc., Bombardier Aerospace Corporation and Affiliates $439M · 1,025
- Magna U.S. Consolidated Pension Plan $158M · 472
- Domtar US Hourly Pension Plan $153M · 1,457
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Scotiabank Pension Plan (United States) by total assets, not by location.
- The Rutland Hospital, Inc. Ret. Income Plan (VT) $101M · 240
- Dykema Gossett PLLC Retirement Plan (MI) $101M · 120
- Magnetek Flexcare Plus Retirement Pension Plan (NY) $101M · 52
- Plumbers & Pipefitters Local 104 Pension Plan (MA) $101M · 277
Frequently Asked Questions
How did Scotiabank Pension Plan (United States) assets move in 2022? ▼
How have The Bank of Nova Scotia plan assets changed over time? ▼
Where does Scotiabank Pension Plan (United States) rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Scotiabank Pension Plan (United States)? ▼
Next read for Scotiabank Pension Plan (United States)
Scale reading
Ways to act on Scotiabank Pension Plan (United States)'s numbers.
- By total assets, Scotiabank Pension Plan (United States) ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in . Compare plans
- The Bank of Nova Scotia's sponsor-wide assets have grown 34.4% since 2022 across 3 plan years on file. More Finance & Insurance plans