Retirement plan
U.S. BANK PENSION PLAN
U.S. BANCORPEIN 41-0255900Plan #001PY 2019
4000 WEST BROADWAY AVENUE - ROBBINSDALE, MN 55422763-971-1128
Other plans on this EIN
1 filingProspect flagsNo flags tripped
Filing contacts
From the Form 5500, federal recordSummary metrics
Total assets (EOY)
$6130.5M
-6.9% from 2016
Total participants
102,907
+4.3% from 2016
Average account balance
$0
No prior year
Annual return
22.34%
-9.36 pp from 2016
Benchmarks
Peer group
Industry52 - Finance and Insurance
Plan typeDefined benefit
Participants>=10,000
Cohort39 peers
Snapshot2019
0
Participant deferral / active EE
$0
median $0
26
Employer contribution / active EE
$2,250
median $2,966
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $894,319,009
0
Admin fee / account holder
$0
median $2,968,729
79
Annual return
22.34%
median 19.23%
Overall peer rank
53of 100
53rd percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$4.38B
Average account balance
Total assets / participants with a balance (line 6g)
$60K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
15,390
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
0.0%
Contributions (total)
Employer and participant dollars contributed each year
$950.00M
Contributions per participant
Average employer and participant contribution per enrolled participant
$17K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+13.39%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$0
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
- Mutual / pooled
- Stocks
- Bonds
- Cash
- Real estate
- Loans
Service providers
Top 10 of 15 by compensation
| Provider | Service type | Compensation |
|---|---|---|
ALIGHT SOLUTIONS LLC3 years Service code 15 · EIN 82-1061233 | Recordkeeping | $3,794,105 |
TOWERS WATSON DELAWARE5+ years Service code 27 · EIN 52-1868818 | Advisory (Plan) | $2,226,944 |
Service code 50 · EIN 33-0629048 | Direct Payment | $1,924,817 |
Service code 50 · EIN 20-8058531 | Direct Payment | $1,369,849 |
NISA INVESTMENT ADVISORS, LLC5+ years Service code 50 · EIN 48-1140940 | Direct Payment | $1,068,953 |
Service code 28 · EIN 13-3040307 | Investment Management | $861,929 |
STATE STREET GLOBAL ADVISORS5+ years Service code 18 · EIN 04-0025081 | Custodial (other than securities); In... | $667,181 |
Service code 50 · EIN 81-3056607 | Direct Payment | $431,368 |
Service code 50 · EIN 53-0181291 | Direct Payment | $414,786 |
MFS HERITAGE TRUST CO1 year Service code 50 · EIN 02-0507414 | Direct Payment | $255,402 |
Enrolled actuary
1 attachment
SB
KURTT A RICHMAN
WILLIS TOWERS WATSON US LLC
Enrollment #2005123
8400 NORMANDALE LAKE BOULEVARD
SUITE 1700
MINNEAPOLIS, MN 554373837
(952) 842-7000
Signed 2020-09-25
Top hat statement on fileNQDC
Filed April 24, 2026 (most recent of 6 filings on file)
Plan administrator
Plan administrator name— Sign in and upgrade to view
800 Nicollet Mall BC-MN-4BEN
Minneapolis, MN 55402
Plans declared (1)
- U.S. Bank Executive Change in Control Severance Plan16 emp
Plan features & details
Pension benefit codes1A1C3H
Plan features
- 1ABenefits are primarily pay relatedBenefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
- 1CCash balance or similar planA cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Opportunity flags
0 tripped
No flags tripped for this filing year. This plan looks clean.
Expense breakdown
Schedule H Part II
Admin total
$21.8M
$393 / participant
- Investment mgmt$10M44.6%
- Contract admin$4M17.4%
- Other / not subdivided$8M38.0%
% of EOY assets
0.356%
all-in expense ratio
Categories reported
2 / 9
subdivided buckets used
Audit opinion
Schedule H Part III
Disclaimer opinion
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
- Auditor firm
- ERNST AND YOUNG LLP
- Auditor EIN
- 346565596
- Audit fees
- (not subdivided)
- Opinion code
- Disclaimer