Defined Benefit (Pension) · DOL Form 5500 · 2024
Northwest Bank Pension Plan
Data updated 2026-08-11
- $220M
- Total assets
- 1,158
- Participants
- 95th
- Percentile by assets
- $189,641
- Avg per participant
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.
- 95th percentile by assets (of 123,622 plans)
- #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.
- $220M
- total plan assets (2024 EOY)
- 1,158
- covered participants
- 95th
- percentile by assets (of 123,622 plans)
- $189,641
- avg assets per participant
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.
Northwest Bank Pension Plan vs the 2024 asset distribution
By assets, Northwest Bank Pension Plan outranks 95% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.2x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $217M |
|---|---|
| Net Assets (End of Year) | $220M |
| Net Income | $3M |
| Employer EIN | 232790930 |
| Plan Effective Date | 1958-02-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Northwest Bank)
| 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
- National Elevator Industry Pension Plan $12.2B · 28,308
- Steelworkers Pension Trust $7.2B · 46,110
- The PNC Financial Services Group, Inc. Pension Plan $5.5B · 58,779
- The Bank of New York Mellon Corporation Pension Plan $5.2B · 6,387
- Constellation Retirement Program $5.0B · 4,809
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Northwest Bank Pension Plan by total assets, not by location.
Frequently Asked Questions
How did Northwest Bank Pension Plan assets move in 2024? ▼
How have Northwest Bank plan assets changed over time? ▼
Where does Northwest Bank Pension Plan rank by assets among Form 5500 filers? ▼
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Next read for Northwest Bank Pension Plan
Scale reading
Ways to act on Northwest Bank Pension Plan's numbers.
- By total assets, Northwest Bank Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Pennsylvania. Compare plans
- Northwest Bank's sponsor-wide assets have grown 7.4% since 2022 across 3 plan years on file. More Finance & Insurance plans