401(k) · DOL Form 5500 · 2024

Northwest Financial Corp 401(k) Plan

Data updated 2026-08-25

$66M
Total assets Below avg plan size
404
Participants Below avg headcount
87th
Percentile by assets National rank
$162,459
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Nfc 401(k) Plan · Sponsored by Northwest Financial Corp · Iowa · Management of Enterprises

$66M in assets, 404 participants

Northwest Financial Corp's Nfc 401(k) Plan reported $66M in total assets and 404 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.

  • #809 in Management of Enterprises (1,133 peers)

Where Nfc 401(k) Plan sits by assets

Nfc 401(k) Plan sits in the top quartile of all filed plans by assets, $66M for 404 participants (~$162,459/participant), up 11.8% in 2024.

#809
in Management of Enterprises (1,133 peers)
+11.8%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Nfc 401(k) Plan's outsized position by total assets

Nfc 401(k) Plan vs every filed plan by assets

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

$65,633,390 Top 13% higher than 87% of 123,620 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 2024

Nfc 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nfc 401(k) Plan sits mid-pack in the medium band (404 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Nfc 401(k) Plan end-of-year assets rose from $59M in the plan year 2023 filing to $66M in the plan year 2024 filing.
  • Nfc 401(k) Plan reported net income fell from $7M in the plan year 2023 filing to $7M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 421325482 · Northwest Financial Corp PY 2024 · 401(k)

Nfc 401(k) Plan · $66M · 404 · 87th

  • 5500 $66M
  • ASSETS 404
  • PCT 87th
  • EIN 401(k)
  • RANK near Sphera Solutions Inc. 401(k) Plan
  • PHOTO ind #809

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 Management of Enterprises retirement plans → · Plans in Iowa →

Nfc 401(k) Plan in the asset neighbourhood

Xl Industries 401(k) Plan$66MFuture US 401(k) Plan$66MSphera Solutions Inc. 401(k) PlanSphera Solutions Inc. 401(k)…$66MNfc 401(k) Plan$66MVopak North America Inc. Incentive Savings PlanVopak North America Inc. Inc…$66M
End-of-year total assets ($M) among Nfc 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$59M
Net Assets (End of Year)$66M
Net Income$7M
Employer EIN421325482
Plan Effective Date1984-09-06
Filing StatusFILING RECEIVED

Sponsor Plan History (Northwest Financial Corp)

Sponsor-wide plan assets over time

All Northwest Financial Corp plans reported in each filing year

Latest sponsor-wide plan assets
$66M 27.031004822186972% vs 2022
2024 filing year
$50M$55M$60M$65M$70M 202220232024 $51.7M $65.6M ▲ +27.0%
Year Plans Participants Total Assets
2022 1 413 $52M
2023 1 403 $59M
2024 1 404 $66M

Nearby 401(k) Plans in Iowa

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

Nfc 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1012345 Total assets ($B) Participants Nfc 401(k) Plan, Total assets ($B): 0.06563339 · Participants: 404Nfc 401(k) PlanThe Principal Select Savings Plan, Total assets ($B): 4.579548793 · Participants: 12841The Principal Select Savings PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 3.375271119 · Participants: 14728The Rsm US LLP Retirement PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 3.306182291 · Participants: 25072Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 3.1084169 · Participants: 55411The Hy-Vee and Affiliates 401(k) PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.720479704 · Participants: 8059Transamerica 401(k) Retirement Savings Plan
Nfc 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

Nfc 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Sphera Solutions Inc. 401(k) Plan in IL ($66M); by covered participants it is Poindexter Nut Company , Inc. 401(k) Profit Sharing Plan in CA (404 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($66M here).

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Nfc 401(k) Plan assets move in 2024?
Nfc 401(k) Plan grew at a solid clip - up 11.8% during 2024, from $59M to $66M. Reported net income was $7M.
How have Northwest Financial Corp plan assets changed over time?
Across 3 plan years on file (2022-2024), Northwest Financial Corp's sponsor-wide assets grew 27.0%, from $52M to $66M.
Where does Nfc 401(k) Plan rank by assets among Form 5500 filers?
Nfc 401(k) Plan ranks in the 87th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Nfc 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Sphera Solutions Inc. 401(k) Plan in IL ($66M, 366 participants).
Which 401(k) plans cover a similar participant headcount to Nfc 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Poindexter Nut Company , Inc. 401(k) Profit Sharing Plan in CA (404 participants, $3M in assets).