ESOP · DOL Form 5500 · 2023

Nw Financial Holdings, Inc. ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
20
Participants Small participant base
31st
Percentile by assets National rank
$106,088
Avg per participant Below avg balance/head
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Official DOL plan name: Nw Financial Holdings, Inc. Employee Stock Ownership Plan · Sponsored by Nw Financial Holdings, Inc. · New Jersey · Finance & Insurance

$2M in assets, 20 participants

Nw Financial Holdings, Inc.'s Nw Financial Holdings, Inc. Employee Stock Ownership Plan reported $2M in total assets and 20 participants in its 2023 DOL Form 5500 filing, ranking in the 31st 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.

  • #1,897 in Finance & Insurance (8,869 peers)

Nw Financial Holdings, Inc. multi-year trail

Nw Financial Holdings, Inc.'s plans moved +21.1% in assets from 2022 to 2024; this filing shows Nw Financial Holdings, Inc. Employee Stock Ownership Plan at $2M / 20 participants.

#1,897
in Finance & Insurance (8,869 peers)
-27.5%
assets change YoY

The plan reported a net loss of $803K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Nw Financial Holdings, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Nw Financial Holdings, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$2,121,750 31st percentile higher than 31% 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

Nw Financial Holdings, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nw Financial Holdings, Inc. Employee Stock Ownership Plan is a small filing (20 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nw Financial Holdings, Inc. Employee Stock Ownership Plan reported net income fell from $1M in the plan year 2022 filing to -$803K in the plan year 2023 filing.
  • Nw Financial Holdings, Inc. Employee Stock Ownership Plan end-of-year assets fell from $3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Nw Financial Holdings, Inc. Employee Stock Ownership Plan reported participants fell from 25 in the plan year 2022 filing to 20 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 856198935 · Nw Financial Holdings, Inc. PY 2023 · ESOP

Nw Financial Holdings, Inc. Employee Stock Ownership Plan · $2M · 20 · 31st

  • ASSETS $2M
  • PCT 20
  • EIN 31st
  • RANK ESOP
  • PHOTO near Hammontree & Associates Employee Stock Ownership Plan
  • IND ind #1897

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 What is an ESOP? → · Plans in New Jersey →

Nw Financial Holdings, Inc. Employee Stock Ownership Plan in the asset neighbourhood

L & L Electronics, Inc. Employee Stock Ownership Plan and TrustL & L Electronics, Inc. Empl…$2MNw Financial Holdings, Inc. Employee Stock Ownership PlanNw Financial Holdings, Inc. …$2MHammontree & Associates Employee Stock Ownership PlanHammontree & Associates Empl…$2M9wood, Inc. Employee Stock Ownership Plan9wood, Inc. Employee Stock O…$2MEureka Homestead ESOP$2M
End-of-year total assets ($M) among Nw Financial Holdings, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Nw Financial Holdings, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Nw Financial Holdings, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 21.127662927778687% vs 2022
2024 filing year
$1.5M$2M$2.5M$3M$3.5M$4M 202220232024 $2.93M $3.54M ▲ +20.8%
Year Plans Participants Total Assets
2022 1 25 $3M
2023 1 20 $2M
2024 1 19 $4M

Nw Financial Holdings, Inc. filing trail (2023)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$2M
Net Income-$803K
Employer EIN856198935
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in New Jersey

Peer ESOP plans, same state, same plan type, ranked by total assets.

Nw Financial Holdings, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -1000100200300400500 Total assets ($M) Participants Nw Financial Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 2.12175 · Participants: 20Nw Financial Holdings, Inc. Employee Stock Ownership PlanOkonite Company Employees Stock Ownership Plan, Total assets ($M): 420.904787 · Participants: 1127Okonite Company Employees Stock Ownership PlanMathematica Group Holding Inc. Employee Stock Ownership Plan, Total assets ($M): 309.109417 · Participants: 1571Mathematica Group Holding Inc. Employee Stock Ownership PlanConair LLC Savings and Investment Plan, Total assets ($M): 300.696739 · Participants: 1050Conair LLC Savings and Investment PlanAmboy Bancorporation Employee Stock Ownership Plan, Total assets ($M): 106.542135 · Participants: 193Amboy Bancorporation Employee Stock Ownership PlanColumbia Bank Employee Stock Ownership Plan, Total assets ($M): 85.571031 · Participants: 729Columbia Bank Employee Stock Ownership Plan
Nw Financial Holdings, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New Jersey, assets vs. participants
Compare Nw Financial Holdings, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Nw Financial Holdings, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside New Jersey, the nearest ESOP by assets is Hammontree & Associates Employee Stock Ownership Plan in OH ($2M); by covered participants it is Shawver Well Company Employee Stock Ownership Plan in IA (20 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (20 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 Nw Financial Holdings, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Nw Financial Holdings, Inc. Employee Stock Ownership Plan declined sharply - down 27.5% during 2023, from $3M to $2M. Reported net income was -$803K.
How have Nw Financial Holdings, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nw Financial Holdings, Inc.'s sponsor-wide assets grew 21.1%, from $3M to $4M.
Which ESOP plans are similar in size to Nw Financial Holdings, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Hammontree & Associates Employee Stock Ownership Plan in OH ($2M, 43 participants).
Which ESOP plans cover a similar participant headcount to Nw Financial Holdings, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Shawver Well Company Employee Stock Ownership Plan in IA (20 participants, $5M 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 856198935.

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.