401(k) · DOL Form 5500 · 2022

Northwest Financial Corp 401(k) Plan

Data updated 2026-08-11

$52M
Total assets
413
Participants
88th
Percentile by assets
$125,102
Avg per participant
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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.

  • 88th percentile by assets (of 139,126 plans)
  • #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.

$52M
total plan assets (2022 EOY)
413
covered participants
88th
percentile by assets (of 139,126 plans)
$125,102
avg assets per participant

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.

Where Nfc 401(k) Plan sits 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 $2,010,000,000 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

State
Iowa
Industry
Management of Enterprises

Nfc 401(k) Plan vs the 2022 asset distribution

By assets, Nfc 401(k) Plan outranks 88% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).

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)

$50M$55M$60M$65M$70M 202220232024 $51.7M $65.6M ▲ +27.0%
Total plan assets by year, all Northwest Financial Corp plans on file
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…, Total assets ($B): 3.613396259 · Participants: 12201The Principal Select…Iowa Health System S…, Total assets ($B): 2.684422851 · Participants: 28603Iowa Health System S…The Hy-Vee and Affil…, Total assets ($B): 2.447514997 · Participants: 59826The Hy-Vee and Affil…The Rsm US LLP Retir…, Total assets ($B): 2.275604074 · Participants: 13793The Rsm US LLP Retir…Transamerica 401(k) …, Total assets ($B): 2.116061137 · Participants: 7262Transamerica 401(k) …
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 →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Nfc 401(k) Plan by total assets, not by location.

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).

Next read for Nfc 401(k) Plan

Scale reading

Ways to act on Nfc 401(k) Plan's numbers.

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.