Defined Benefit (Pension) · DOL Form 5500 · 2023

First National Bank of Scotia Pension Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
33
Participants Small participant base
78th
Percentile by assets National rank
$852,403
Avg per participant High balance/head
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Official DOL plan name: First National Bank of Scotia Pension Plan · Sponsored by First National Bank of Scotia · New York · Finance & Insurance

$28M in assets, 33 participants

First National Bank of Scotia's First National Bank of Scotia Pension Plan reported $28M in total assets and 33 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.

  • #5,921 in Finance & Insurance (8,869 peers)

Where First National Bank of Scotia Pension Plan sits by assets

First National Bank of Scotia Pension Plan sits in the top quartile of all filed plans by assets, $28M for 33 participants (~$852,403/participant), up 20.8% in 2023.

#5,921
in Finance & Insurance (8,869 peers)
+20.8%
assets growth YoY
0.3×
vs typical plan assets (national mean)

First National Bank of Scotia Pension Plan's outsized position by total assets

First National Bank of Scotia Pension Plan vs every filed plan by assets

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

$28,129,290 Top 22% higher than 78% 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

First National Bank of Scotia Pension 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. First National Bank of Scotia Pension Plan is a small filing (33 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • First National Bank of Scotia Pension Plan reported net income rose from $2M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • First National Bank of Scotia Pension Plan end-of-year assets rose from $23M in the plan year 2022 filing to $28M in the plan year 2023 filing.
  • First National Bank of Scotia Pension Plan reported participants fell from 37 in the plan year 2022 filing to 33 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 140696810 · First National Bank of Scotia PY 2023 · Defined Benefit (Pension)

First National Bank of Scotia Pension Plan · $28M · 33 · 78th

  • BOOK $28M
  • BOOK 33
  • BOOK 78th
  • BOOK Defined Benefit (Pension)
  • BOOK near Research Corporation Technologies, Inc. Employees' Pension Plan
  • BOOK ind #5921

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 York →

First National Bank of Scotia Pension Plan in the asset neighbourhood

US Magnesium LLC Hourly Defined Benefit Pension PlanUS Magnesium LLC Hourly Defi…$28MFirst National Bank of Scotia Pension PlanFirst National Bank of Scoti…$28MResearch Corporation Technologies, Inc. Employees' Pension PlanResearch Corporation Technol…$28MIts Technologies & Logistics, LLC Employees Pension PlanIts Technologies & Logistics…$28MEncyclopaedia Britannica Pension PlanEncyclopaedia Britannica Pen…$28M
End-of-year total assets ($M) among First National Bank of Scotia Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$28M
Net Income$5M
Employer EIN140696810
Plan Effective Date1946-02-07
Filing StatusFILING RECEIVED

Sponsor Plan History (First National Bank of Scotia)

Sponsor-wide plan assets over time

All First National Bank of Scotia plans reported in each filing year

Latest sponsor-wide plan assets
$45M 34.37846435318443% vs 2022
2024 filing year
$30M$35M$40M$45M$50M 202220232024 $33.3M $44.8M ▲ +34.4%
Year Plans Participants Total Assets
2022 2 180 $33M
2023 2 177 $41M
2024 2 176 $45M

Nearby Defined Benefit (Pension) Plans in New York

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

First National Bank of Scotia Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants First National Bank of Scotia Pension Plan, Total assets ($B): 0.02812929 · Participants: 33First National Bank of Scotia Pension PlanIBM Personal Pension Plan, Total assets ($B): 24.955758896 · Participants: 14881IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 16.184377155 · Participants: 10779Consolidated Edison Retirement Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.16620463 · Participants: 1075821199seiu Health Care Employees Pension FundPfizer Consolidated Pension Plan, Total assets ($B): 10.955262618 · Participants: 9616Pfizer Consolidated Pension PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.599669 · Participants: 12289Pepsico Employees Retirement Plan I
First National Bank of Scotia Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare First National Bank of Scotia Pension Plan side-by-side with 3 peers →

First National Bank of Scotia Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Research Corporation Technologies, Inc. Employees' Pension Plan in AZ ($28M); by covered participants it is Vermont Gas Systems, Inc. Retirement Plan in VT (33 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (33 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 First National Bank of Scotia Pension Plan assets move in 2023? ▼
First National Bank of Scotia Pension Plan grew sharply - up 20.8% during 2023, from $23M to $28M. Reported net income was $5M.
How have First National Bank of Scotia plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First National Bank of Scotia's sponsor-wide assets grew 34.4%, from $33M to $45M.
Where does First National Bank of Scotia Pension Plan rank by assets among Form 5500 filers? ▼
First National Bank of Scotia Pension Plan ranks in the 78th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to First National Bank of Scotia Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Research Corporation Technologies, Inc. Employees' Pension Plan in AZ ($28M, 11 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to First National Bank of Scotia Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Vermont Gas Systems, Inc. Retirement Plan in VT (33 participants, $18M 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 140696810.

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.