401(k) · DOL Form 5500 · 2022

Northwest Financial Corp 401(k) Plan

Data updated 2026-08-25

$52M
Total assets Below avg plan size
413
Participants Below avg headcount
88th
Percentile by assets National rank
$125,102
Avg per participant Near avg balance/head
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Official DOL plan name: Nfc 401(k) Plan · Sponsored by Northwest Financial Corp · Iowa · Management of Enterprises

$52M in assets, 413 participants

Northwest Financial Corp's Nfc 401(k) Plan reported $52M in total assets and 413 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.

  • #850 in Management of Enterprises (1,193 peers)

Where Nfc 401(k) Plan sits by assets

Nfc 401(k) Plan sits in the top quartile of all filed plans by assets, $52M for 413 participants (~$125,102/participant), down 17.3% in 2022.

#850
in Management of Enterprises (1,193 peers)
-17.3%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Nfc 401(k) Plan's outsized position by total assets

Nfc 401(k) Plan vs every filed plan by assets

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

$51,667,221 Top 12% higher than 88% 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

Nfc 401(k) Plan 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. Nfc 401(k) Plan sits mid-pack in the medium band (413 participants).

Form 5500 schedule snapshot

Filing strip 421325482 · Northwest Financial Corp PY 2022 · 401(k)

Nfc 401(k) Plan · $52M · 413 · 88th

  • RANK $52M
  • PHOTO 413
  • IND 88th
  • EOY 401(k)
  • 5500 near Tellepsen Corporation 401(k) & Retirement Plan
  • ASSETS ind #850

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 Management of Enterprises retirement plans → · Plans in Iowa →

Nfc 401(k) Plan in the asset neighbourhood

Nfc 401(k) Plan$52MTellepsen Corporation 401(k) & Retirement PlanTellepsen Corporation 401(k)…$52MTerra Holdings 401(k) Plan$52MBurke & Herbert Bank & Trust Company Investment and Savings PlanBurke & Herbert Bank & Trust…$52MThe Langdale Company Retirement Savings PlanThe Langdale Company Retirem…$52M
End-of-year total assets ($M) among Nfc 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$63M
Net Assets (End of Year)$51M
Net Income-$11M
Employer EIN421325482
Plan Effective Date1984-09-06
Filing StatusFILING RECEIVED

Sponsor Plan History (Northwest Financial Corp)

Sponsor-wide plan assets over time

All Northwest Financial Corp plans reported in each filing year

Latest sponsor-wide plan assets
$66M 27.031004822186972% vs 2022
2024 filing year
$50M$55M$60M$65M$70M 202220232024 $51.7M $65.6M ▲ +27.0%
Year Plans Participants Total Assets
2022 1 413 $52M
2023 1 403 $59M
2024 1 404 $66M

Nearby 401(k) Plans in Iowa

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

Nfc 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -101234 Total assets ($B) Participants Nfc 401(k) Plan, Total assets ($B): 0.051667221 · Participants: 413Nfc 401(k) PlanThe Principal Select Savings Plan, Total assets ($B): 3.613396259 · Participants: 12201The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.684422851 · Participants: 28603Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.447514997 · Participants: 59826The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.275604074 · Participants: 13793The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.116061137 · Participants: 7262Transamerica 401(k) Retirement Savings Plan
Nfc 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare Nfc 401(k) Plan side-by-side with 3 peers →

Nfc 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Tellepsen Corporation 401(k) & Retirement Plan in TX ($52M); by covered participants it is Pexco LLC Retirement Savings Plan in GA (413 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (413 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 Nfc 401(k) Plan assets move in 2022? ▼
Nfc 401(k) Plan declined sharply - down 17.3% during 2022, from $63M to $52M. Reported net income was -$11M.
How have Northwest Financial Corp plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Northwest Financial Corp's sponsor-wide assets grew 27.0%, from $52M to $66M.
Where does Nfc 401(k) Plan rank by assets among Form 5500 filers? ▼
Nfc 401(k) Plan ranks in the 88th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Nfc 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Tellepsen Corporation 401(k) & Retirement Plan in TX ($52M, 808 participants).
Which 401(k) plans cover a similar participant headcount to Nfc 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Pexco LLC Retirement Savings Plan in GA (413 participants, $28M 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 421325482.

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.