401(k) · DOL Form 5500 · 2024

Northwest Bank 401(k) Plan

Data updated 2026-08-11

$259M
Total assets
2,124
Participants
95th
Percentile by assets
$122,145
Avg per participant
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Official DOL plan name: Northwest Bank 401(k) Plan · Sponsored by Northwest Bank · Pennsylvania · Finance & Insurance

$259M in assets, 2,124 participants

Northwest Bank's Northwest Bank 401(k) Plan reported $259M in total assets and 2,124 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 123,622 plans)
  • #7,883 in Finance & Insurance (8,549 peers)

Coverage in Pennsylvania

Northwest Bank 401(k) Plan covers 2,124 participants in Pennsylvania, 2.6x the typical Pennsylvania plan (state average ~822 per filing). Assets: $259M.

$259M
total plan assets (2024 EOY)
2,124
covered participants
95th
percentile by assets (of 123,622 plans)
$122,145
avg assets per participant

Where Northwest Bank 401(k) Plan sits by total assets

Northwest Bank 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$259,436,274 Top 5% higher than 95% of 123,620 filed plans

This plan $0 $2,010,000,000 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 2024

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Northwest Bank 401(k) Plan reported net income rose from $5M in the plan year 2023 filing to $11M in the plan year 2024 filing.
  • Northwest Bank 401(k) Plan end-of-year assets rose from $249M in the plan year 2023 filing to $259M in the plan year 2024 filing.
  • Northwest Bank 401(k) Plan reported participants fell from 2,207 in the plan year 2023 filing to 2,124 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Northwest Bank 401(k) Plan reports 2,124 participants - 2.6x that state average ($259M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$249M
Net Assets (End of Year)$259M
Net Income$11M
Employer EIN232790930
Plan Effective Date1991-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northwest Bank)

$440M$450M$460M$470M$480M$490M 202220232024 $446M $479M ▲ +7.4%
Total plan assets by year, all Northwest Bank plans on file
Year Plans Participants Total Assets
2022 2 4,197 $446M
2023 2 3,641 $465M
2024 2 3,282 $479M

Nearby 401(k) Plans in Pennsylvania

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

Northwest Bank 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Northwest Bank 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Northwest Bank 401(k…Comcast Corporation …The Cigna Group 401(…The Vanguard Retirem…Thermo Fisher Scient…The PNC Financial Se…
Northwest Bank 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Northwest Bank 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Northwest Bank 401(k) Plan assets move in 2024?
Northwest Bank 401(k) Plan edged up modestly - up 4.4% during 2024, from $249M to $259M. Reported net income was $11M.
How have Northwest Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Northwest Bank's sponsor-wide assets grew 7.4%, from $446M to $479M.
Where does Northwest Bank 401(k) Plan rank by assets among Form 5500 filers?
Northwest Bank 401(k) Plan ranks in the 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Northwest Bank 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is The Cathay General Bancorp 401(k) Profit Sharing Plan in CA ($260M, 1,202 participants).

Filing takeaways

Ways to act on Northwest Bank 401(k) Plan's numbers.