Retirement plan

NORDSTROM PUERTO RICO RETIREMENT & SAVINGS PLAN

NORDSTROM, INC.EIN 91-0515058Plan #003PY 2016
PO BOX 1270 - SEATTLE, WA 98101206-303-2410nordstrom.comLinkedIn10001+ employeesretail
Other plans on this EIN
1 filing
Prospect flagsLow assets / participantLow participant contribution

Filing contacts

From the Form 5500, federal record
Plan sponsor & administrator signer
KATHY BELL
Signed 01/08/2018
(206) 303-2410

Summary metrics

Total assets (EOY)
$477K
-77.4% from 2016
Total participants
408
-2.5% from 2016
Average account balance
$1,304
-77.2% from 2016
Annual return
19.17%
-19.17 pp from 2016

Benchmarks

Peer group
Industry45 - Retail Trade
Plan typeDefined contribution
Participants250-999
Cohort263 peers
Snapshot2016
Participant deferral / active EE
$487
median $1,796
Employer contribution / active EE
$719
median $711
Participation rate
86.4%
median 72.3%
Avg account balance
$1,304
median $31,217
Admin fee / account holder
$3
median $38
Annual return
19.17%
median 8.13%
Overall peer rank
51st 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 codes2S2G2F2T3C
Plan features
  • 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.
  • 2S
    Automatic enrollment
    Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
  • 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

2 tripped
  • OpportunityLow participant contribution

    Participant 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
$1K
$4 / participant
  • Other / not subdivided$1K100.0%
% of EOY assets
0.249%
all-in expense ratio
Categories reported
0 / 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
MOSS ADAMS
Auditor EIN
910189318
Audit fees
(not subdivided)
Opinion code
Disclaimer