Nfc 401(K) Plan — Form 5500 plan (Northwest Financial Corp)
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, Nfc 401(K) Plan is a benefit plan reported by Northwest Financial Corp under EIN 42-1325482 and plan number 002. The latest loaded filing year is 2023. The filing reports 496 participants and $58,686,369 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Northwest Financial Corp
- EIN
- 42-1325482
- Plan number
- 002
- Plan type
- 2
- Location
- Arnolds Park, IA
- Latest filing year
- 2023
- Participants
- 496
- End-of-year plan assets
- $58,686,369
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 496 | H, C | 20241007151424NAL0015397473001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $58,686,369
- Total liabilities (EOY)
- $8,662
- Net assets (EOY)
- $58,677,707
- Net assets (BOY)
- $51,444,151
Income & contributions
- Employer contributions
- $1,095,914
- Participant contributions
- $3,297,377
- Total contributions
- $4,425,741
- Total income / additions
- $14,072,580
Expenses & distributions
- Benefits paid
- $6,699,415
- Administrative expenses
- $139,609
- Total expenses
- $6,839,024
- Net increase / (decrease)
- $7,233,556
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Avantax Planning Partners Inc. | NONE | $82,217 | not reported in the loaded dataset | 2023 |
| Bam Advisor Services | NONE | $43,849 | not reported in the loaded dataset | 2023 |
| Alerus Financial, N.A. | NONE | $13,543 | $0 | 2023 |
| Charles Schwab Trust Bank | NONE | $0 | $6,194 | 2023 |
| Charles Schwab & Co., Inc. | NONE | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Northwest Financial Corp
- 2023 Form 5500 filing
- Form 5500 filings in IA
- 401(k) and benefit plan filings in Arnolds Park, IA
- Avantax Planning Partners Inc. — Schedule C compensation
- Bam Advisor Services — Schedule C compensation
- Alerus Financial, N.A. — Schedule C compensation
- Charles Schwab Trust Bank — Schedule C compensation
- Charles Schwab & Co., Inc. — Schedule C compensation