401(k) · DOL Form 5500 · 2023

Penns Woods Bancorp, Inc. 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
298
Participants Below avg headcount
71st
Percentile by assets National rank
$62,208
Avg per participant Low balance/head
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Official DOL plan name: Penns Woods Bancorp, Inc. 401(k) Plan · Sponsored by Penns Woods Bancorp, Inc. · Pennsylvania · Finance & Insurance

$19M in assets, 298 participants

Penns Woods Bancorp, Inc.'s Penns Woods Bancorp, Inc. 401(k) Plan reported $19M in total assets and 298 participants in its 2023 DOL Form 5500 filing, ranking in the 71st 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.

  • #5,090 in Finance & Insurance (8,869 peers)

Coverage in Pennsylvania

Penns Woods Bancorp, Inc. 401(k) Plan covers 298 participants in Pennsylvania, about 36% of the average Pennsylvania filer (state average ~822 per filing). Assets: $19M.

#5,090
in Finance & Insurance (8,869 peers)
+26.6%
assets growth YoY

Penns Woods Bancorp, Inc. 401(k) Plan's outsized position by total assets

Penns Woods Bancorp, Inc. 401(k) Plan vs every filed plan by assets

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

$18,537,978 Top 29% higher than 71% 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

Penns Woods Bancorp, Inc. 401(k) 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. Penns Woods Bancorp, Inc. 401(k) Plan sits mid-pack in the medium band (298 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Penns Woods Bancorp, Inc. 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Penns Woods Bancorp, Inc. 401(k) Plan end-of-year assets rose from $15M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • Penns Woods Bancorp, Inc. 401(k) Plan reported participants fell from 304 in the plan year 2022 filing to 298 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 232226454 · Penns Woods Bancorp, Inc. PY 2023 · 401(k)

Penns Woods Bancorp, Inc. 401(k) Plan · $19M · 298 · 71st

  • VS-ST $19M
  • VS-ST 298
  • VS-ST 71st
  • VS-ST 401(k)
  • VS-ST near The Verescence 401(k) Plan
  • VS-ST ind #5090

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 →

Penns Woods Bancorp, Inc. 401(k) Plan in the asset neighbourhood

Penns Woods Bancorp, Inc. 401(k) PlanPenns Woods Bancorp, Inc. 40…$19MThe Verescence 401(k) Plan$19MInhance Technologies Retirement Savings PlanInhance Technologies Retirem…$19MKw Property Management LLC 401(k) Profit Sharing Plan & TruKw Property Management LLC 4…$19MAlexandria Insights, Inc 401(k) PlanAlexandria Insights, Inc 401…$19M
End-of-year total assets ($M) among Penns Woods Bancorp, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$19M
Net Income$4M
Employer EIN232226454
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Penns Woods Bancorp, Inc.)

Sponsor-wide plan assets over time

All Penns Woods Bancorp, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$22M 51.83254481442368% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $14.6M $22.2M ▲ +51.8%
Year Plans Participants Total Assets
2022 1 304 $15M
2023 1 298 $19M
2024 1 297 $22M

Nearby 401(k) Plans in Pennsylvania

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

Penns Woods Bancorp, Inc. 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -505101520 Total assets ($B) Participants Penns Woods Bancorp, Inc. 401(k) Plan, Total assets ($B): 0.018537978 · Participants: 298Penns Woods Bancorp, Inc. 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
Penns Woods Bancorp, Inc. 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Penns Woods Bancorp, Inc. 401(k) Plan side-by-side with 3 peers →

Penns Woods Bancorp, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is The Verescence 401(k) Plan in GA ($19M); by covered participants it is Silvertip Completion Services in TX (298 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($19M here).

Similar participant headcount

Nearest other-state filings by covered participants (298 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 Penns Woods Bancorp, Inc. 401(k) Plan assets move in 2023? ▼
Penns Woods Bancorp, Inc. 401(k) Plan grew sharply - up 26.6% during 2023, from $15M to $19M. Reported net income was $4M.
How have Penns Woods Bancorp, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Penns Woods Bancorp, Inc.'s sponsor-wide assets grew 51.8%, from $15M to $22M.
Which 401(k) plans are similar in size to Penns Woods Bancorp, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Verescence 401(k) Plan in GA ($19M, 345 participants).
Which 401(k) plans cover a similar participant headcount to Penns Woods Bancorp, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Silvertip Completion Services in TX (298 participants, N/A 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 232226454.

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.