Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Northwest Bank 401(K) Plan is a benefit plan reported by Northwest Bank under EIN 23-2790930 and plan number 002. The latest loaded filing year is 2023. The filing reports 3,486 participants and $248,514,576 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $248,514,576
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $248,514,576
- Net assets (BOY)
- $243,142,741
Income & contributions
- Employer contributions
- $4,523,771
- Participant contributions
- $9,572,086
- Total contributions
- $16,708,019
- Total income / additions
- $39,929,971
Expenses & distributions
- Benefits paid
- $34,323,873
- Administrative expenses
- $234,263
- Total expenses
- $34,558,136
- Net increase / (decrease)
- $5,371,835