Retirement plan
NORDSTROM PUERTO RICO RETIREMENT & SAVINGS PLAN
NORDSTROM, INC.EIN 91-0515058Plan #003PY 2019
Other plans on this EIN
1 filingProspect flagsLow assets / participantLow participant contribution
Filing contacts
From the Form 5500, federal recordSummary metrics
Total assets (EOY)
$630K
-77.4% from 2016
Total participants
190
-2.5% from 2016
Average account balance
$3,316
-77.2% from 2016
Annual return
21.91%
-19.17 pp from 2016
Benchmarks
Peer group
Industry45 - Retail Trade
Plan typeDefined contribution
Participants100-249
Cohort449 peers
Snapshot2019
5
Participant deferral / active EE
$482
median $2,497
22
Employer contribution / active EE
$453
median $972
94
Participation rate
100.0%
median 75.1%
2
Avg account balance
$3,316
median $41,694
85
Admin fee / account holder
$14
median $144
47
Annual return
21.91%
median 21.99%
Overall peer rank
43of 100
43rd 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
Top 1 by compensation
| Provider | Service type | Compensation |
|---|---|---|
ALIGHT SOLUTIONS LLC2 years Service code 15 · EIN 82-1061233 | Recordkeeping | $2,720 |
Top hat statement on fileNQDC
Filed June 19, 2020 (most recent of 3 filings on file)
Plan administrator
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 codes2F2G2S2T3C
Plan features
- 2FERISA section 404(c) planThis plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
- 2GTotal participant-directed account planParticipants 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.
- 2SAutomatic enrollmentPlan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
- 2TDefault investment accountTotal or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
- 3CPlan not intended to be qualifiedA 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
$3K
$16 / participant
- Contract admin$3K100.0%
% of EOY assets
0.432%
all-in expense ratio
Categories reported
1 / 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 LLP
- Auditor EIN
- 910189318
- Audit fees
- (not subdivided)
- Opinion code
- Disclaimer