Retirement plan

NORDSTROM PUERTO RICO RETIREMENT & SAVINGS PLAN

NORDSTROM, INC.EIN 91-0515058Plan #003PY 2015
PO BOX 1270 - SEATTLE, WA 98101206-303-2410nordstrom.comLinkedIn10001+ employeesretail
Other plans on this EIN
2 filings
Prospect flagsLow assets / participantLow employer contributionLow participant contribution

Filing contacts

From the Form 5500, federal record
Plan sponsor & administrator signer
KATHY BELL
Signed 07/27/2016
(206) 303-2410

Summary metrics

Total assets (EOY)
$108K
-77.4% from 2016
Total participants
398
-2.5% from 2016
Average account balance
$298
-77.2% from 2016
Annual return
0.00%
-19.17 pp from 2016

Benchmarks

Peer group
Industry45 - Retail Trade
Plan typeDefined contribution
Participants250-999
Cohort228 peers
Snapshot2015
Participant deferral / active EE
$348
median $1,789
Employer contribution / active EE
$0
median $711
Participation rate
88.9%
median 70.6%
Avg account balance
$298
median $27,880
Admin fee / account holder
$9
median $29
Annual return
0.00%
median -0.16%
Overall peer rank
32nd percentileavg across 6 metrics

Analytics

2015 - 2020
Total assets (EOY)
Plan-year ending balance
$0
Average account balance
Total assets / participants with a balance (line 6g)
$3K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
190
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
100.0%
Contributions (total)
Employer and participant dollars contributed each year
$44K
Contributions per participant
Average employer and participant contribution per enrolled participant
$935
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+0.09%
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

Providers data not reported
Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Top hat statement on fileNQDC

Filed June 19, 2020 (most recent of 3 filings on file)

Plans declared (4)

  • Nordstrom Directors Deferred Compensation Plan9 emp
  • Nordstrom Deferred Compensation Plan488 emp
  • Nordstrom Supplemental Executive Retirement Plan8 emp
  • Nordstrom, Inc. Executive Severance Plan10 emp

Total covered: 515 employees

Plan features & details

Pension benefit codes2E2G2F2T3C
Plan features
  • 2E
    Profit-sharing
    Profit-sharing plan.
  • 2F
    ERISA section 404(c) plan
    This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
  • 2G
    Total participant-directed account plan
    Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • 2T
    Default investment account
    Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
  • 3C
    Plan not intended to be qualified
    A plan not intended to be qualified under Code sections 401 403 or 408.

Opportunity flags

3 tripped
  • OpportunityLow participant contribution

    Participant contribution per participant is in the bottom quintile of the peer cohort.

  • OpportunityLow employer contribution

    Employer contribution per participant is in the bottom quintile of the peer cohort.

  • OpportunityLow assets / participant

    Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II
Admin total
$3K
$10 / participant
  • Other / not subdivided$3K100.0%
% of EOY assets
3.067%
all-in expense ratio
Categories reported
0 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
No opinion code on file for this filing.
Auditor firm
(not reported)
Auditor EIN
-
Audit fees
(not subdivided)
Opinion code
-