Department of Labor filing

NORTHWEST FINANCIAL CORP

NFC 401(K) PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Oct 14, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

50filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$3,065

Reported employer contributions per active participant.

Higher than about 64% of comparable plans

#People in the filing

409

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$307 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 18% of comparable plans

↗Investment performance

Not available

Plan assets changed 11.8%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202450out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions64th percentileTypical peer $2,225 · based on 264 comparable plans

Lower reported administrative expense18th percentileTypical peer $140 · based on 273 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, NORTHWEST FINANCIAL CORP reported $1,253,501 in employer contributions across the plan and 409 active participants. That works out to $3,065 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy82%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 14.8%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 10.2%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context50/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $1,253,501
Participant contributions: $3,364,816
Other contributions: $15,944
Employer share of reported contributions: 27.1%
Beginning assets: $58,686,369
Ending assets: $65,633,390
Ending net assets: $65,617,736
Ending liabilities: $15,654
Total income: $12,803,342
Total expenses: $5,863,313
Administrative expenses: $157,931
Participant loans: Not reported

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$2,671

2023

$2,760

2024

$3,065

Plan-paid administrative expenses per participant

2022

$278

2023

$281

2024

$307

Active participants

2022

396

2023

397

2024

409

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$3,065	409	65.6M	20251014091400NAL0002478129001
2023	$2,760	397	58.7M	20241007151424NAL0015397473001
2022	$2,671	396	51.7M	20231016134533NAL0038503249001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: Not stated in the filing
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 421325482-002

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Sep 6, 1984
Industry: Management of companies
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2S2T3D3H

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
CHARLES SCHWAB INV. MGMT., INC	2024	Not reported	unknown

Current plan terms

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Filing ACK_ID20251014091400NAL0002478129001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗