NORDSTROM 401K PLAN · SEATTLE, WA · plan year 2024
Reported admin expense ratio · 2024
0.27%
Peer grade: D· admin costs + employer contributions vs same-size plans · how grading works
Nordstrom, Inc. reported $11,090,844 in plan administrative expenses for 2024: 0.27% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,286 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 2 years on file its reported administrative ratio fell from 0.29% to 0.27%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other retail trade employers. By assets it is the 10th-largest of 1,714 plans among Washington employers on file, and the 18th of 5,215 in retail trade. In 2024, employees put in $2.46 for every $1.00 the employer contributed.
Plan summary
Net assets, end of year$4,290,523,450
Participants with balances102,382
Active participants58,257
Employer contributions$74,921,489
Employee contributions$184,391,976
Employer contribution per active participant$1,286
Employer contribution per active participant$1,286
Median for plans this size$5,259
2024$1,286 per active participant
2023$1,194 per active participant
2022$1,152 per active participant
Nordstrom, Inc.'s 2024 employer contribution ran below the $5,259 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Source: U.S. Department of Labor, Form 5500 series, EIN 910515058 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.