401(k) · DOL Form 5500 · 2023

Northwest Bank 401(k) Plan

Data updated 2026-08-25

$249M
Total assets Near avg plan size
2,207
Participants Above avg headcount
96th
Percentile by assets National rank
$112,603
Avg per participant Below avg balance/head
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Official DOL plan name: Northwest Bank 401(k) Plan · Sponsored by Northwest Bank · Pennsylvania · Finance & Insurance

$249M in assets, 2,207 participants

Northwest Bank's Northwest Bank 401(k) Plan reported $249M in total assets and 2,207 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • #8,221 in Finance & Insurance (8,869 peers)

Coverage in Pennsylvania

Northwest Bank 401(k) Plan covers 2,207 participants in Pennsylvania, 2.7x the typical Pennsylvania plan (state average ~822 per filing). Assets: $249M.

#8,221
in Finance & Insurance (8,869 peers)
+2.2%
assets growth YoY
2.5×
vs typical plan assets (national mean)

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

Northwest Bank 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$248,514,576 Top 4% higher than 96% of 127,068 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 2023

Northwest Bank 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Northwest Bank 401(k) Plan lands in the large band (2,207 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Northwest Bank 401(k) Plan reported net income rose from -$47M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Northwest Bank 401(k) Plan reported participants fell from 2,428 in the plan year 2022 filing to 2,207 in the plan year 2023 filing.
  • Northwest Bank 401(k) Plan end-of-year assets rose from $243M in the plan year 2022 filing to $249M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 232790930 · Northwest Bank PY 2023 · 401(k)

Northwest Bank 401(k) Plan · $249M · 2,207 · 96th

  • EOY $249M
  • EOY 2,207
  • EOY 96th
  • EOY 401(k)
  • EOY near Huhtamaki Long Term Savings and Investment Plan
  • EOY ind #8221

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 → · Plans in Pennsylvania →

Northwest Bank 401(k) Plan in the asset neighbourhood

Loews Hotels 401(k) Plan$249MFruit of the Loom 401(k) Retirement Savings PlanFruit of the Loom 401(k) Ret…$249MNorthwest Bank 401(k) Plan$249MHuhtamaki Long Term Savings and Investment PlanHuhtamaki Long Term Savings …$248MTrumpf Inc. Employee Retirement Savings PlanTrumpf Inc. Employee Retirem…$248M
End-of-year total assets ($M) among Northwest Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$243M
Net Assets (End of Year)$249M
Net Income$5M
Employer EIN232790930
Plan Effective Date1991-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northwest Bank)

Sponsor-wide plan assets over time

All Northwest Bank plans reported in each filing year

Latest sponsor-wide plan assets
$479M 7.374333054225424% vs 2022
2024 filing year
$440M$450M$460M$470M$480M$490M 202220232024 $446M $479M ▲ +7.4%
Year Plans Participants Total Assets
2022 2 4,197 $446M
2023 2 3,641 $465M
2024 2 3,282 $479M

Nearby 401(k) Plans in Pennsylvania

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

Northwest Bank 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -505101520 Total assets ($B) Participants Northwest Bank 401(k) Plan, Total assets ($B): 0.248514576 · Participants: 2207Northwest Bank 401(k) PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York Mellon Corporation 401(k) Savings Plan
Northwest Bank 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Northwest Bank 401(k) Plan side-by-side with 3 peers →

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

Outside Pennsylvania, the nearest 401(k) by assets is Huhtamaki Long Term Savings and Investment Plan in KS ($248M); by covered participants it is Warner Music Group 401(k) Plan in NY (2,207 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($249M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,207 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Northwest Bank 401(k) Plan assets move in 2023? ▼
Northwest Bank 401(k) Plan edged up modestly - up 2.2% during 2023, from $243M to $249M. Reported net income was $5M.
How have Northwest Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Northwest Bank's sponsor-wide assets grew 7.4%, from $446M to $479M.
Where does Northwest Bank 401(k) Plan rank by assets among Form 5500 filers? ▼
Northwest Bank 401(k) Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Northwest Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Huhtamaki Long Term Savings and Investment Plan in KS ($248M, 3,382 participants).
Which 401(k) plans cover a similar participant headcount to Northwest Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Warner Music Group 401(k) Plan in NY (2,207 participants, $404M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 232790930.

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.