401k Plan data: NORTHWEST SAVINGS BANK EMPLOYEE STOCK OWNERSHIP plan

NORTHWEST SAVINGS BANK EMPLOYEE STOCK OWNERSHIP 401k Plan overview

Plan Name	NORTHWEST SAVINGS BANK EMPLOYEE STOCK OWNERSHIP
Plan identification number	003

NORTHWEST SAVINGS BANK EMPLOYEE STOCK OWNERSHIP Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Stock bonus
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).
Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

NORTHWEST BANK has sponsored the creation of one or more 401k plans.

Company Name: NORTHWEST BANK

Employer identification number (EIN): 232790930

NAIC Classification: 522120
NAIC Description: Savings Institutions

Additional information about NORTHWEST BANK

Jurisdiction of Incorporation: COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF STATE

Incorporation Date:

Company Identification Number: 720791

More information about NORTHWEST BANK

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NORTHWEST SAVINGS BANK EMPLOYEE STOCK OWNERSHIP

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2021-01-01
003 2020-01-01
003 2016-01-01 JULIA MCTAVISH
003 2015-01-01 JULIA MCTAVISH

Plan Statistics for NORTHWEST SAVINGS BANK EMPLOYEE STOCK OWNERSHIP

401k plan membership statisitcs for NORTHWEST SAVINGS BANK EMPLOYEE STOCK OWNERSHIP

Measure Date Value
2021: NORTHWEST SAVINGS BANK EMPLOYEE STOCK OWNERSHIP 2021 401k membership
Total participants, beginning-of-year 2021-01-01 499
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 0
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 0
Total of all active and inactive participants 2021-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 0
Number of participants with account balances 2021-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: NORTHWEST SAVINGS BANK EMPLOYEE STOCK OWNERSHIP 2020 401k membership
Total participants, beginning-of-year 2020-01-01 666
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 253
Number of retired or separated participants receiving benefits 2020-01-01 30
Number of other retired or separated participants entitled to future benefits 2020-01-01 232
Total of all active and inactive participants 2020-01-01 515
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 515
Number of participants with account balances 2020-01-01 481
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 5
2016: NORTHWEST SAVINGS BANK EMPLOYEE STOCK OWNERSHIP 2016 401k membership
Total participants, beginning-of-year 2016-01-01 2,328
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 0
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 0
Total of all active and inactive participants 2016-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 0
Number of participants with account balances 2016-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 72
2015: NORTHWEST SAVINGS BANK EMPLOYEE STOCK OWNERSHIP 2015 401k membership
Total participants, beginning-of-year 2015-01-01 2,285
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 1,844
Number of retired or separated participants receiving benefits 2015-01-01 88
Number of other retired or separated participants entitled to future benefits 2015-01-01 383
Total of all active and inactive participants 2015-01-01 2,315
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 4
Total participants 2015-01-01 2,319
Number of participants with account balances 2015-01-01 2,311
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 108

Measure	Date	Value
2021: NORTHWEST SAVINGS BANK EMPLOYEE STOCK OWNERSHIP 2021 401k membership
Total participants, beginning-of-year	2021-01-01	499
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	0
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	0
Total of all active and inactive participants	2021-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	0
Number of participants with account balances	2021-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: NORTHWEST SAVINGS BANK EMPLOYEE STOCK OWNERSHIP 2020 401k membership
Total participants, beginning-of-year	2020-01-01	666
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	253
Number of retired or separated participants receiving benefits	2020-01-01	30
Number of other retired or separated participants entitled to future benefits	2020-01-01	232
Total of all active and inactive participants	2020-01-01	515
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	515
Number of participants with account balances	2020-01-01	481
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	5
2016: NORTHWEST SAVINGS BANK EMPLOYEE STOCK OWNERSHIP 2016 401k membership
Total participants, beginning-of-year	2016-01-01	2,328
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	0
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	0
Total of all active and inactive participants	2016-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	0
Number of participants with account balances	2016-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	72
2015: NORTHWEST SAVINGS BANK EMPLOYEE STOCK OWNERSHIP 2015 401k membership
Total participants, beginning-of-year	2015-01-01	2,285
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	1,844
Number of retired or separated participants receiving benefits	2015-01-01	88
Number of other retired or separated participants entitled to future benefits	2015-01-01	383
Total of all active and inactive participants	2015-01-01	2,315
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	4
Total participants	2015-01-01	2,319
Number of participants with account balances	2015-01-01	2,311
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	108

Financial Data on NORTHWEST SAVINGS BANK EMPLOYEE STOCK OWNERSHIP

Measure	Date	Value
2021 : NORTHWEST SAVINGS BANK EMPLOYEE STOCK OWNERSHIP 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2021-02-28	$207,261
Total unrealized appreciation/depreciation of assets	2021-02-28	$207,261
Total transfer of assets from this plan	2021-02-28	$38,937,911
Total income from all sources (including contributions)	2021-02-28	$1,213,521
Total loss/gain on sale of assets	2021-02-28	$97,929
Total of all expenses incurred	2021-02-28	$1,825,691
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-02-28	$1,825,691
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-02-28	$11,902
Value of total assets at end of year	2021-02-28	$0
Value of total assets at beginning of year	2021-02-28	$39,550,081
Total interest from all sources	2021-02-28	$1,525
Total dividends received (eg from common stock, registered investment company shares)	2021-02-28	$89,456
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-02-28	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2021-02-28	$0
Total dividends received from registered investment company shares (eg mutual funds)	2021-02-28	$4,681
Was this plan covered by a fidelity bond	2021-02-28	Yes
Value of fidelity bond cover	2021-02-28	$5,000,000
If this is an individual account plan, was there a blackout period	2021-02-28	Yes
Were there any nonexempt tranactions with any party-in-interest	2021-02-28	No
Participant contributions at end of year	2021-02-28	$0
Participant contributions at beginning of year	2021-02-28	$399,418
Other income not declared elsewhere	2021-02-28	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-02-28	No
Value of net income/loss	2021-02-28	$-612,170
Value of net assets at end of year (total assets less liabilities)	2021-02-28	$0
Value of net assets at beginning of year (total assets less liabilities)	2021-02-28	$39,550,081
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-02-28	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-02-28	No
Were any leases to which the plan was party in default or uncollectible	2021-02-28	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-02-28	$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-02-28	$33,130,078
Interest on participant loans	2021-02-28	$1,525
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-02-28	$805,448
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-02-28	No
Was there a failure to transmit to the plan any participant contributions	2021-02-28	No
Has the plan failed to provide any benefit when due under the plan	2021-02-28	No
Assets. Invements in employer securities at end of year	2021-02-28	$0
Assets. Invements in employer securities at beginning of year	2021-02-28	$6,020,585
Contributions received in cash from employer	2021-02-28	$11,902
Income. Dividends from common stock	2021-02-28	$84,775
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-02-28	$1,825,691
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2021-02-28	Yes
Did the plan have assets held for investment	2021-02-28	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-02-28	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-02-28	Yes
Aggregate proceeds on sale of assets	2021-02-28	$157,138
Aggregate carrying amount (costs) on sale of assets	2021-02-28	$59,209
Opinion of an independent qualified public accountant for this plan	2021-02-28	Unqualified
Accountancy firm name	2021-02-28	BKD, LLP
Accountancy firm EIN	2021-02-28	440160260
2020 : NORTHWEST SAVINGS BANK EMPLOYEE STOCK OWNERSHIP 2020 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2020-12-31	$-4,862,885
Total unrealized appreciation/depreciation of assets	2020-12-31	$-4,862,885
Total income from all sources (including contributions)	2020-12-31	$2,930,981
Total loss/gain on sale of assets	2020-12-31	$1,574,309
Total of all expenses incurred	2020-12-31	$17,043,143
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$17,034,083
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$1,520,088
Value of total assets at end of year	2020-12-31	$39,550,081
Value of total assets at beginning of year	2020-12-31	$53,662,243
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$9,060
Total interest from all sources	2020-12-31	$28,748
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$842,053
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2020-12-31	$0
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$470,990
Administrative expenses professional fees incurred	2020-12-31	$9,060
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$955,976
Participant contributions at end of year	2020-12-31	$399,418
Participant contributions at beginning of year	2020-12-31	$728,146
Other income not declared elsewhere	2020-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$-14,112,162
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$39,550,081
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$53,662,243
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$33,130,078
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$40,225,033
Interest on participant loans	2020-12-31	$28,748
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$3,828,668
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Assets. Invements in employer securities at end of year	2020-12-31	$6,020,585
Assets. Invements in employer securities at beginning of year	2020-12-31	$12,709,064
Contributions received in cash from employer	2020-12-31	$564,112
Income. Dividends from common stock	2020-12-31	$371,063
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$17,034,083
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Aggregate proceeds on sale of assets	2020-12-31	$2,984,098
Aggregate carrying amount (costs) on sale of assets	2020-12-31	$1,409,789
Opinion of an independent qualified public accountant for this plan	2020-12-31	Unqualified
Accountancy firm name	2020-12-31	BKD,LLP
Accountancy firm EIN	2020-12-31	440160260
2016 : NORTHWEST SAVINGS BANK EMPLOYEE STOCK OWNERSHIP 2016 401k financial data
Total unrealized appreciation/depreciation of assets	2016-09-30	$0
Total transfer of assets from this plan	2016-09-30	$57,376,659
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-09-30	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-09-30	$21,689,846
Expenses. Interest paid	2016-09-30	$575,685
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2016-09-30	$575,685
Total income from all sources (including contributions)	2016-09-30	$13,861,937
Total loss/gain on sale of assets	2016-09-30	$0
Total of all expenses incurred	2016-09-30	$3,685,960
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-09-30	$3,110,275
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-09-30	$0
Value of total assets at end of year	2016-09-30	$0
Value of total assets at beginning of year	2016-09-30	$68,890,528
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-09-30	$0
Total interest from all sources	2016-09-30	$1,612
Total dividends received (eg from common stock, registered investment company shares)	2016-09-30	$2,273,739
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-09-30	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2016-09-30	$0
Was this plan covered by a fidelity bond	2016-09-30	Yes
Value of fidelity bond cover	2016-09-30	$3,000,000
If this is an individual account plan, was there a blackout period	2016-09-30	No
Were there any nonexempt tranactions with any party-in-interest	2016-09-30	No
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2016-09-30	$306,207
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2016-09-30	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2016-09-30	$21,689,846
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-09-30	No
Value of net income/loss	2016-09-30	$10,175,977
Value of net assets at end of year (total assets less liabilities)	2016-09-30	$0
Value of net assets at beginning of year (total assets less liabilities)	2016-09-30	$47,200,682
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-09-30	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-09-30	No
Were any leases to which the plan was party in default or uncollectible	2016-09-30	No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2016-09-30	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2016-09-30	$3,504
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2016-09-30	$3,504
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2016-09-30	$1,612
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-09-30	$11,586,586
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-09-30	Yes
Was there a failure to transmit to the plan any participant contributions	2016-09-30	No
Has the plan failed to provide any benefit when due under the plan	2016-09-30	No
Assets. Invements in employer securities at end of year	2016-09-30	$0
Assets. Invements in employer securities at beginning of year	2016-09-30	$68,887,024
Income. Dividends from common stock	2016-09-30	$2,273,739
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-09-30	$2,804,068
Did the plan have assets held for investment	2016-09-30	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-09-30	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-09-30	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-09-30	Yes
Opinion of an independent qualified public accountant for this plan	2016-09-30	Disclaimer
Accountancy firm name	2016-09-30	BAKER TILLY VIRCHOW KRAUSE LLP
Accountancy firm EIN	2016-09-30	390859910
2015 : NORTHWEST SAVINGS BANK EMPLOYEE STOCK OWNERSHIP 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2015-12-31	$3,363,064
Total unrealized appreciation/depreciation of assets	2015-12-31	$3,363,064
Total transfer of assets from this plan	2015-12-31	$477,379
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$21,689,846
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$23,239,121
Expenses. Interest paid	2015-12-31	$757,531
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2015-12-31	$757,531
Total income from all sources (including contributions)	2015-12-31	$7,282,715
Total loss/gain on sale of assets	2015-12-31	$1,018,775
Total of all expenses incurred	2015-12-31	$3,272,316
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$2,514,785
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$3,628
Value of total assets at end of year	2015-12-31	$68,890,528
Value of total assets at beginning of year	2015-12-31	$66,906,783
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$0
Total interest from all sources	2015-12-31	$1,386
Total dividends received (eg from common stock, registered investment company shares)	2015-12-31	$2,895,862
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2015-12-31	No
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$3,000,000
If this is an individual account plan, was there a blackout period	2015-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2015-12-31	No
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2015-12-31	$396,894
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2015-12-31	$21,689,846
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2015-12-31	$23,239,121
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Value of net income/loss	2015-12-31	$4,010,399
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$47,200,682
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$43,667,662
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2015-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2015-12-31	No
Were any leases to which the plan was party in default or uncollectible	2015-12-31	No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2015-12-31	$3,504
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2015-12-31	$1,293,426
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2015-12-31	$1,293,426
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2015-12-31	$1,386
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2015-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2015-12-31	No
Has the plan failed to provide any benefit when due under the plan	2015-12-31	No
Assets. Invements in employer securities at end of year	2015-12-31	$68,887,024
Assets. Invements in employer securities at beginning of year	2015-12-31	$65,613,357
Contributions received in cash from employer	2015-12-31	$3,628
Income. Dividends from common stock	2015-12-31	$2,895,862
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$2,117,891
Did the plan have assets held for investment	2015-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2015-12-31	No
Aggregate proceeds on sale of assets	2015-12-31	$2,543,500
Aggregate carrying amount (costs) on sale of assets	2015-12-31	$1,524,725
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2015-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2015-12-31	Disclaimer
Accountancy firm name	2015-12-31	BAKER TILLY VIRCHOW KRAUSE LLP
Accountancy firm EIN	2015-12-31	390859910

Form 5500 Responses for NORTHWEST SAVINGS BANK EMPLOYEE STOCK OWNERSHIP

2021: NORTHWEST SAVINGS BANK EMPLOYEE STOCK OWNERSHIP 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	Yes
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: NORTHWEST SAVINGS BANK EMPLOYEE STOCK OWNERSHIP 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2016: NORTHWEST SAVINGS BANK EMPLOYEE STOCK OWNERSHIP 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	Yes
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: NORTHWEST SAVINGS BANK EMPLOYEE STOCK OWNERSHIP 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes

Potentially related plans

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	NORTHWEST BANK
Employer identification number (EIN):	232790930
NAIC Classification:	522120
NAIC Description:	Savings Institutions

Jurisdiction of Incorporation:	COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF STATE
Incorporation Date:
Company Identification Number:	720791