Defined Benefit (Pension) · DOL Form 5500 · 2024

First National Bank of Scotia Pension Plan

Data updated 2026-08-25

$31M
Total assets Below avg plan size
27
Participants Small participant base
78th
Percentile by assets National rank
$1.1M
Avg per participant High balance/head
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Official DOL plan name: First National Bank of Scotia Pension Plan · Sponsored by First National Bank of Scotia · New York · Finance & Insurance

$31M in assets, 27 participants

First National Bank of Scotia's First National Bank of Scotia Pension Plan reported $31M in total assets and 27 participants in its 2024 DOL Form 5500 filing, ranking in the 78th 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.

  • #5,576 in Finance & Insurance (8,549 peers)

Where First National Bank of Scotia Pension Plan sits by assets

First National Bank of Scotia Pension Plan sits in the top quartile of all filed plans by assets, $31M for 27 participants (~$1.1M/participant), up 8.9% in 2024.

#5,576
in Finance & Insurance (8,549 peers)
+8.9%
assets growth YoY
0.3×
vs typical plan assets (national mean)

First National Bank of Scotia Pension Plan's outsized position by total assets

First National Bank of Scotia Pension Plan vs every filed plan by assets

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

$30,630,164 Top 22% higher than 78% 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

First National Bank of Scotia Pension Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First National Bank of Scotia Pension Plan is a small filing (27 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First National Bank of Scotia Pension Plan reported net income fell from $5M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • First National Bank of Scotia Pension Plan reported participants fell from 33 in the plan year 2023 filing to 27 in the plan year 2024 filing.
  • First National Bank of Scotia Pension Plan end-of-year assets rose from $28M in the plan year 2023 filing to $31M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 140696810 · First National Bank of Scotia PY 2024 · Defined Benefit (Pension)

First National Bank of Scotia Pension Plan · $31M · 27 · 78th

  • EIN $31M
  • RANK 27
  • PHOTO 78th
  • IND Defined Benefit (Pension)
  • EOY near Tidewater Pension Plan
  • 5500 ind #5576

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 New York →

First National Bank of Scotia Pension Plan in the asset neighbourhood

National School Boards Association Pension PlanNational School Boards Assoc…$31MFirst National Bank of Scotia Pension PlanFirst National Bank of Scoti…$31MTidewater Pension Plan$31MBurke & Herbert Bank & Trust Company Retirement PlanBurke & Herbert Bank & Trust…$31MThe Tobacco Industry Testing Laboratory Employees' Pension PlanThe Tobacco Industry Testing…$31M
End-of-year total assets ($M) among First National Bank of Scotia 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)$28M
Net Assets (End of Year)$31M
Net Income$3M
Employer EIN140696810
Plan Effective Date1946-02-07
Filing StatusFILING RECEIVED

Sponsor Plan History (First National Bank of Scotia)

Sponsor-wide plan assets over time

All First National Bank of Scotia plans reported in each filing year

Latest sponsor-wide plan assets
$45M 34.37846435318443% vs 2022
2024 filing year
$30M$35M$40M$45M$50M 202220232024 $33.3M $44.8M ▲ +34.4%
Year Plans Participants Total Assets
2022 2 180 $33M
2023 2 177 $41M
2024 2 176 $45M

Nearby Defined Benefit (Pension) Plans in New York

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

First National Bank of Scotia Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants First National Bank of Scotia Pension Plan, Total assets ($B): 0.030630164 · Participants: 27First National Bank of Scotia Pension PlanIBM Personal Pension Plan, Total assets ($B): 17.919858993 · Participants: 48014IBM Personal Pension Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.913316696 · Participants: 1118331199seiu Health Care Employees Pension FundConsolidated Edison Retirement Plan, Total assets ($B): 15.588456377 · Participants: 10608Consolidated Edison Retirement PlanPfizer Consolidated Pension Plan, Total assets ($B): 9.970337119 · Participants: 8876Pfizer Consolidated Pension PlanGE Energy Pension Plan, Total assets ($B): 8.92290143 · Participants: 5829GE Energy Pension Plan
First National Bank of Scotia Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare First National Bank of Scotia Pension Plan side-by-side with 3 peers →

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

Outside New York, the nearest Defined Benefit (Pension) by assets is Tidewater Pension Plan in TX ($31M); by covered participants it is Retirement Plan for Employees of Beckley Water Company in WV (27 participants). Same-state nearby plans are listed separately above.

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 First National Bank of Scotia Pension Plan assets move in 2024? ▼
First National Bank of Scotia Pension Plan grew at a solid clip - up 8.9% during 2024, from $28M to $31M. Reported net income was $3M.
How have First National Bank of Scotia plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First National Bank of Scotia's sponsor-wide assets grew 34.4%, from $33M to $45M.
Where does First National Bank of Scotia Pension Plan rank by assets among Form 5500 filers? ▼
First National Bank of Scotia Pension Plan ranks in the 78th 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 Defined Benefit (Pension) plans are similar in size to First National Bank of Scotia Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Tidewater Pension Plan in TX ($31M, 5 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to First National Bank of Scotia Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Retirement Plan for Employees of Beckley Water Company in WV (27 participants, $12M 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 140696810.

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.