Defined Benefit (Pension) · DOL Form 5500 · 2024
The Bank of Nova Scotia Pension Plan
Data updated 2026-08-06
- $117M
- Total assets
- 121
- Participants
- 92nd
- Percentile by assets
- $966,730
- Avg per participant
Official DOL plan name: Scotiabank Pension Plan (United States) · Sponsored by The Bank of Nova Scotia · · Finance & Insurance
$117M in assets, 121 participants
The Bank of Nova Scotia's Scotiabank Pension Plan (United States) reported $117M in total assets and 121 participants in its 2024 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 116,472 plans)
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, $117M for 121 participants (~$966,730/participant), up 3.8% in 2024.
- $117M
- total plan assets (2024 EOY)
- 121
- covered participants
- 92nd
- percentile by assets (of 116,472 plans)
- $966,730
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Scotiabank Pension Plan (United States) reported net income fell from $12M in the plan year 2023 filing to $4M in the plan year 2024 filing.
- Scotiabank Pension Plan (United States) reported participants fell from 147 in the plan year 2023 filing to 121 in the plan year 2024 filing.
- Scotiabank Pension Plan (United States) end-of-year assets rose from $113M in the plan year 2023 filing to $117M in the plan year 2024 filing.
Scotiabank Pension Plan (United States) vs the 2024 asset distribution
By assets, Scotiabank Pension Plan (United States) outranks 92% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.2x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $113M |
|---|---|
| Net Assets (End of Year) | $117M |
| Net Income | $4M |
| 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 · 923
- Resolute Fp US Pension Plan $641M · 261
- Magna U.S. Consolidated Pension Plan $151M · 494
- Pension Plan for Employees of the Govt of Canada Locally Engaged in the USA-Qualified Pension Plan $142M · 333
- Domtar US Hourly Pension Plan $140M · 1,206
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.
- Community Memorial Hospital Retirement Plan (WI) $117M · 304
- Commonwealth Rolled Products, Inc. Hourly Employees Pension Plan (KY) $117M · 809
- Hecla Mining Company Restated Retirement Plan (ID) $117M · 536
- The Rite Aid Pension Plan (PA) $117M · 1,647
Frequently Asked Questions
How did Scotiabank Pension Plan (United States) assets move in 2024? ▼
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
Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.
Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 134941099.
Read our methodology - how this data is sourced, computed, and verified.