401(k) · DOL Form 5500 · 2023

Northway Bank 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
191
Participants Below avg headcount
74th
Percentile by assets National rank
$113,514
Avg per participant Below avg balance/head
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Official DOL plan name: Northway Bank 401(k) and Profit Sharing Plan · Sponsored by Northway Bank · New Hampshire · Finance & Insurance

$22M in assets, 191 participants

Northway Bank's Northway Bank 401(k) and Profit Sharing Plan reported $22M in total assets and 191 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • #5,421 in Finance & Insurance (8,869 peers)

Northway Bank multi-year trail

Northway Bank's plans moved +25.2% in assets from 2022 to 2024; this filing shows Northway Bank 401(k) and Profit Sharing Plan at $22M / 191 participants.

#5,421
in Finance & Insurance (8,869 peers)
+19.0%
assets growth YoY

Northway Bank 401(k) and Profit Sharing Plan's outsized position by total assets

Northway Bank 401(k) and Profit Sharing Plan vs every filed plan by assets

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

$21,681,089 Top 26% higher than 74% 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

Northway Bank 401(k) and Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Northway Bank 401(k) and Profit Sharing Plan sits mid-pack in the medium band (191 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Northway Bank 401(k) and Profit Sharing Plan reported net income rose from -$3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Northway Bank 401(k) and Profit Sharing Plan end-of-year assets rose from $18M in the plan year 2022 filing to $22M in the plan year 2023 filing.
  • Northway Bank 401(k) and Profit Sharing Plan reported participants rose from 180 in the plan year 2022 filing to 191 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 020108854 · Northway Bank PY 2023 · 401(k)

Northway Bank 401(k) and Profit Sharing Plan · $22M · 191 · 74th

  • VS-ST $22M
  • BOY 191
  • SCH 74th
  • EBSA 401(k)
  • PART near Ardelyx, Inc. 401(k) Plan
  • TYPE ind #5421

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 New Hampshire →

Northway Bank 401(k) and Profit Sharing Plan in the asset neighbourhood

Northway Bank 401(k) and Profit Sharing PlanNorthway Bank 401(k) and Pro…$22MArdelyx, Inc. 401(k) Plan$22MComplete Rx, Ltd. 401(k) Plan$22MKelly, Scott and Madison, Inc. Profit Sharing Plan and TrustKelly, Scott and Madison, In…$22MPineapple Energy, Inc. Employee Savings PlanPineapple Energy, Inc. Emplo…$22M
End-of-year total assets ($M) among Northway Bank 401(k) and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Northway Bank multi-year asset trail

Sponsor-wide plan assets over time

All Northway Bank plans reported in each filing year

Latest sponsor-wide plan assets
$23M 25.157319720452698% vs 2022
2024 filing year
$16M$18M$20M$22M$24M 202220232024 $18.2M $22.8M ▲ +25.2%
Year Plans Participants Total Assets
2022 1 180 $18M
2023 1 191 $22M
2024 2 336 $23M

Northway Bank filing trail (2023)

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$22M
Net Income$3M
Employer EIN020108854
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in New Hampshire

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

Northway Bank 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in New Hampshire, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -2000200400600800 Total assets ($M) Participants Northway Bank 401(k) and Profit Sharing Plan, Total assets ($M): 21.681089 · Participants: 191Northway Bank 401(k) and Profit Sharing PlanC&s and Affiliates 401(k) Savings Plan (a), Total assets ($M): 574.6136 · Participants: 12135C&s and Affiliates 401(k) Savings Plan (a)Ams Osram Savings Plan, Total assets ($M): 461.503498 · Participants: 977Ams Osram Savings PlanAlbany International Corp. Prosperity Plus Savings Plan, Total assets ($M): 447.510354 · Participants: 1784Albany International Corp. Prosperity Plus Savings PlanConnection Employee 401(k) and Profit Sharing Plan, Total assets ($M): 378.181216 · Participants: 2702Connection Employee 401(k) and Profit Sharing PlanCoca Cola Beverages Northeast, Inc. Incentive Savings Plan, Total assets ($M): 362.577523 · Participants: 2708Coca Cola Beverages Northeast, Inc. Incentive Savings Plan
Northway Bank 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in New Hampshire, assets vs. participants

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

Outside New Hampshire, the nearest 401(k) by assets is Ardelyx, Inc. 401(k) Plan in MA ($22M); by covered participants it is Cwb Holdings, Inc. 401(k) Plan in CO (191 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($22M here).

Similar participant headcount

Nearest other-state filings by covered participants (191 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 Northway Bank 401(k) and Profit Sharing Plan assets move in 2023?
Northway Bank 401(k) and Profit Sharing Plan grew sharply - up 19.0% during 2023, from $18M to $22M. Reported net income was $3M.
How have Northway Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Northway Bank's sponsor-wide assets grew 25.2%, from $18M to $23M.
Which 401(k) plans are similar in size to Northway Bank 401(k) and Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Ardelyx, Inc. 401(k) Plan in MA ($22M, 134 participants).
Which 401(k) plans cover a similar participant headcount to Northway Bank 401(k) and Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Cwb Holdings, Inc. 401(k) Plan in CO (191 participants, N/A in assets).