Plan Ledger DOL Form 5500 · updated monthly

Natwest Markets Securities Inc.401(k)

NATWEST MARKETS RETIREMENT SAVINGS PLAN · STAMFORD, CT · plan year 2025

Reported admin expense ratio · 2025
0.05%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Natwest Markets Securities Inc. reported $305,660 in plan administrative expenses for 2025: 0.05% of average plan assets, below the peer median. Employer contributions averaged $15,172 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio rose from 0.04% to 0.05%. The plan sits in the $250M–$1B size bracket, benchmarked here against 230 comparable plans and shown alongside other finance & insurance employers. By assets it is the 41st-largest of 1,106 plans among Connecticut employers on file, and the 262nd of 4,798 in finance & insurance. In 2025, employees put in $1.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$626,429,732
Participants with balances1,374
Active participants268
Employer contributions$4,066,062
Employee contributions$4,674,994
Employer contribution per active participant$15,172
Average account balance$455,917
Benefits paid to participants$60,382,229
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$626.4M · 1,374 accts · $4.1M emplr
2024$588.9M · 1,456 accts · $4.1M emplr
2023$552.6M · 1,548 accts · $4.0M emplr
2022$494.6M · 1,614 accts · $3.7M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$80,603
Investment management$111,344
Audit (IQPA)$112,813
Total administrative$305,660
The Natwest Markets Securities Inc. 401(k) match · 2025
Employer contribution per active participant$15,172
Median for plans this size$4,295
2025$15,172 per active participant
2024$14,852 per active participant
2023$14,196 per active participant
2022$13,725 per active participant

Natwest Markets Securities Inc.'s 2025 employer contribution ran above the $4,295 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Loan processing$81,764
EMPOWER ADVISORY GROUP, LLC · Investment management · Investment advisory (participants)$111,029
EMPOWER FINANCIAL SERVICES, INC. · Securities brokerage · Participant communication$683

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year3
2025Empower
2024Empower
2023Empower

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Administrative cost history4
2025$305,660 · 0.05%
2024$243,746 · 0.04%
2023$170,557 · 0.03%
2022$221,540 · 0.04%
Same employer
Similar plansFinance & Insurance · Connecticut
General Re Corporation CT$1.7B · 0.01%
Synchrony Financial CT$1.6B · 0.03%
Xl America, Inc. CT$1.3B · 0.00%
Bridgewater Associates, LP CT$613.9M · 0.01%
POINT72, L.P. CT$582.2M · 0.01%
Ibg LLC CT$437.0M

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Source: U.S. Department of Labor, Form 5500 series, EIN 133172275 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.