Retirement plan

NATWEST MARKETS RETIREMENT SAVINGS PLAN

Name: NATWEST MARKETS SECURITIES, INC. - NATWEST MARKETS RETIREMENT SAVINGS PLAN (2024) Form 5500
Creator: NATWEST MARKETS SECURITIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NATWEST MARKETS RETIREMENT SAVINGS PLAN, NATWEST MARKETS SECURITIES, INC.

NATWEST MARKETS SECURITIES, INC.EIN 13-3172275Plan #002PY 2024

600 WASHINGTON BLVD - STAMFORD, CT 06901203-897-6005LinkedIn11-50 employees

Prospect flagsHigh assets / participantCorrective distributionsWind-down / frozen

How to read this page

Total assets (EOY)

$588.9M

-6.1% from 2021

Total participants

1,461

+6.8% from 2021

Average account balance

$404,485

-12.5% from 2021

Annual return

15.40%

+0.04 pp from 2021

Benchmarks

See 1,547 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants250-999

Cohort1,547 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$588.93M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$404K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

1,456

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

98.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$8.72M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$32K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+15.40%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$167

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER ADVISORY GROUP, LLC Service code 26 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Advisory (Participants)	$177,202
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 15 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping	$97,237
MERCER5+ years Filed as: MERCER INVESTMENT CONSULTING INC Service code 13 PO BOX 730182 · DALLAS, TX 75373	Contract Administrator	$18,563
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER FINANCIAL SERVICES, INC. Service code 33 8515 E ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Securities brokerage; Distribution (1...	$1,842

Plan features & details

Pension benefit codes2E2F2G2J2K2R2T3H

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.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
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 contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.
InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II

Admin total

$244K

$890 / participant

Recordkeeping$62K25.6%
Investment mgmt$162K66.5%
Other trustee fees$19K7.6%
Other / not subdivided$6000.2%

% of EOY assets

0.041%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ERNST & YOUNG, LLP
Auditor EIN: 346565596
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$404,485

$129,227+213.0%

$184,256+119.5%

$77,762+420.2%

Participation rate

98.2%

87.4%+10.8pp

86.8%+11.3pp

70.6%+27.6pp

Annual return

15.40%

33.24%-17.8pp

28.85%-13.4pp

31.27%-15.9pp

Employer contribution / active EE

$14,852

$4,412+236.6%

$6,427+131.1%

$2,728+444.4%

Participant deferral / active EE

$16,971

$7,307+132.3%

$9,133+85.8%

$4,651+264.9%

Admin fee / account holder

$167

$256-34.5%

$13,899-98.8%

$433-61.3%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER ADVISORY GROUP, LLC

Service code 26

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Advisory (Participants)

$177,202

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE COMPANY O

Service code 15

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping

$97,237

MERCER5+ years

Filed as: MERCER INVESTMENT CONSULTING INC

Service code 13

PO BOX 730182 · DALLAS, TX 75373

Contract Administrator

$18,563

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER FINANCIAL SERVICES, INC.

Service code 33

8515 E ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Securities brokerage; Distribution (1...

$1,842

NATWEST MARKETS RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NATWEST MARKETS RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion