Defined Benefit (Pension) · DOL Form 5500 · 2023
The Bank of Nova Scotia Pension Plan
Data updated 2026-08-11
- $113M
- Total assets
- 147
- Participants
- 92nd
- Percentile by assets
- $766,631
- Avg per participant
Official DOL plan name: Scotiabank Pension Plan (United States) · Sponsored by The Bank of Nova Scotia · · Finance & Insurance
$113M in assets, 147 participants
The Bank of Nova Scotia's Scotiabank Pension Plan (United States) reported $113M in total assets and 147 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.
- 92nd percentile by assets (of 127,072 plans)
- #7,789 in Finance & Insurance (8,869 peers)
Where Scotiabank Pension Plan (United States) sits by assets
Scotiabank Pension Plan (United States) sits in the top 10% of all filed plans by assets, $113M for 147 participants (~$766,631/participant), up 11.6% in 2023.
- $113M
- total plan assets (2023 EOY)
- 147
- covered participants
- 92nd
- percentile by assets (of 127,072 plans)
- $766,631
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Scotiabank Pension Plan (United States) reported net income rose from -$10M in the plan year 2022 filing to $12M in the plan year 2023 filing.
- Scotiabank Pension Plan (United States) end-of-year assets rose from $101M in the plan year 2022 filing to $113M in the plan year 2023 filing.
- Scotiabank Pension Plan (United States) reported participants fell from 164 in the plan year 2022 filing to 147 in the plan year 2023 filing.
Scotiabank Pension Plan (United States) vs the 2023 asset distribution
By assets, Scotiabank Pension Plan (United States) outranks 92% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.1x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $101M |
|---|---|
| Net Assets (End of Year) | $113M |
| Net Income | $12M |
| Employer EIN | 134941099 |
| Plan Effective Date | 1974-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Bank of Nova Scotia)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,418 | $454M |
| 2023 | 2 | 1,493 | $523M |
| 2024 | 2 | 1,551 | $610M |
Nearby Defined Benefit (Pension) Plans in
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Scotiabank Pension Plan (United States) vs. nearby Defined Benefit (Pension) plans in , assets vs. participants
- Transocean U.S. Retirement Plan $1.2B · 992
- Resolute Fp US Pension Plan $562M · 276
- Retirement Plan for Employees of Learjet Inc., Bombardier Aerospace Corporation and Affiliates $489M · 982
- Magna U.S. Consolidated Pension Plan $162M · 472
- Domtar US Hourly Pension Plan $149M · 1,324
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Scotiabank Pension Plan (United States) by total assets, not by location.
Frequently Asked Questions
How did Scotiabank Pension Plan (United States) assets move in 2023? ▼
How have The Bank of Nova Scotia plan assets changed over time? ▼
Where does Scotiabank Pension Plan (United States) rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Scotiabank Pension Plan (United States)? ▼
Next read for Scotiabank Pension Plan (United States)
Scale reading
Ways to act on Scotiabank Pension Plan (United States)'s numbers.
- By total assets, Scotiabank Pension Plan (United States) ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in . Compare plans
- The Bank of Nova Scotia's sponsor-wide assets have grown 34.4% since 2022 across 3 plan years on file. More Finance & Insurance plans