Defined Benefit (Pension) · DOL Form 5500 · 2024

Northwest Bank Pension Plan

Data updated 2026-08-25

$220M
Total assets Near avg plan size
1,158
Participants Near avg headcount
95th
Percentile by assets National rank
$189,641
Avg per participant Above avg balance/head
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Official DOL plan name: Northwest Bank Pension Plan · Sponsored by Northwest Bank · Pennsylvania · Finance & Insurance

$220M in assets, 1,158 participants

Northwest Bank's Northwest Bank Pension Plan reported $220M in total assets and 1,158 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.

  • #7,807 in Finance & Insurance (8,549 peers)

Where Northwest Bank Pension Plan sits by assets

Northwest Bank Pension Plan sits in the top 5% of all filed plans by assets, $220M for 1,158 participants (~$189,641/participant), up 1.3% in 2024.

#7,807
in Finance & Insurance (8,549 peers)
+1.3%
assets growth YoY
2.2×
vs typical plan assets (national mean)

Northwest Bank Pension Plan's outsized position by total assets

Northwest Bank Pension Plan vs every filed plan by assets

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

$219,604,078 Top 5% higher than 95% 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

Northwest Bank Pension Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Northwest Bank Pension Plan lands in the large band (1,158 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Northwest Bank Pension Plan reported net income fell from $14M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Northwest Bank Pension Plan reported participants fell from 1,434 in the plan year 2023 filing to 1,158 in the plan year 2024 filing.
  • Northwest Bank Pension Plan end-of-year assets rose from $217M in the plan year 2023 filing to $220M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 232790930 · Northwest Bank PY 2024 · Defined Benefit (Pension)

Northwest Bank Pension Plan · $220M · 1,158 · 95th

  • EIN $220M
  • RANK 1,158
  • PHOTO 95th
  • IND Defined Benefit (Pension)
  • EOY near Consolidated Pension Plan of Tufts Medicine, Inc.
  • 5500 ind #7807

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 Pennsylvania →

Northwest Bank Pension Plan in the asset neighbourhood

Troutman Pepper Cash Balance PlanTroutman Pepper Cash Balance…$220MConsolidated Pension Plan of Tufts Medicine, Inc.Consolidated Pension Plan of…$220MNorthwest Bank Pension Plan$220MNorthwest Airlines Pension Plan for Salaried EmployeesNorthwest Airlines Pension P…$219MWeill Cornell Medical College Non-Exempt and Frozen Retirement PlanWeill Cornell Medical Colleg…$219M
End-of-year total assets ($M) among Northwest Bank Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$217M
Net Assets (End of Year)$220M
Net Income$3M
Employer EIN232790930
Plan Effective Date1958-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northwest Bank)

Sponsor-wide plan assets over time

All Northwest Bank plans reported in each filing year

Latest sponsor-wide plan assets
$479M 7.374333054225424% vs 2022
2024 filing year
$440M$450M$460M$470M$480M$490M 202220232024 $446M $479M ▲ +7.4%
Year Plans Participants Total Assets
2022 2 4,197 $446M
2023 2 3,641 $465M
2024 2 3,282 $479M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Northwest Bank Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Northwest Bank Pension Plan, Total assets ($B): 0.219604078 · Participants: 1158Northwest Bank Pension PlanNational Elevator Industry Pension Plan, Total assets ($B): 12.213235301 · Participants: 28308National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 7.234971663 · Participants: 46110Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.528998 · Participants: 58779The PNC Financial Services Group, Inc. Pension PlanThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.178651926 · Participants: 6387The Bank of New York Mellon Corporation Pension PlanConstellation Retirement Program, Total assets ($B): 5.003720253 · Participants: 4809Constellation Retirement Program
Northwest Bank Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Northwest Bank Pension Plan side-by-side with 3 peers →

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

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Consolidated Pension Plan of Tufts Medicine, Inc. in MA ($220M); by covered participants it is Northwest Permanente, P.C., Cash Balance Plan in OR (1,158 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,158 participants); asset peers above are excluded.

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 Northwest Bank Pension Plan assets move in 2024? ▼
Northwest Bank Pension Plan edged up modestly - up 1.3% during 2024, from $217M to $220M. Reported net income was $3M.
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 Pension Plan rank by assets among Form 5500 filers? ▼
Northwest Bank Pension 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 Defined Benefit (Pension) plans are similar in size to Northwest Bank Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Consolidated Pension Plan of Tufts Medicine, Inc. in MA ($220M, 766 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Northwest Bank Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Northwest Permanente, P.C., Cash Balance Plan in OR (1,158 participants, $177M in assets).

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 232790930.

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.