2023 Form 5500 filing — Northwest Bank 401(K) Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240716142602NAL0005706162001) for Northwest Bank 401(K) Plan, reported by Northwest Bank under EIN 23-2790930 and plan number 002. It reports 3,486 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240716142602NAL0005706162001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Northwest Bank
- EIN
- 23-2790930
- Plan number
- 002
- Location
- Warren, PA
- Participants
- 3,486
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $248,514,576
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $248,514,576
- Employer contributions
- $4,523,771
- Participant contributions
- $9,572,086
- Total income / additions
- $39,929,971
- Benefits paid
- $34,323,873
- Administrative expenses
- $234,263
- Total expenses
- $34,558,136
- Net increase / (decrease)
- $5,371,835
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Northwest Bank | NONE | $147,898 | not reported in the loaded dataset |
| Epic Retirement Plan Services | NONE | $86,365 | $0 |