Plan Snapshot
- Plan Sponsor: Bank Of Nova Scotia
- Sponsor EIN: 134941099
- Plan Type: 401(k)
- Total Participants: 1,417
- Total Assets: $492.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,417 | $492.6M | $15.3M | $20.8M |
| 2023 | 1,435 | $410.0M | $14.7M | $19.5M |
| 2022 | 1,346 | $352.7M | $12.7M | $17.0M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| KPMG LLP | NONE | $52,687 | — | $52,687 |
| T ROWE PRICE RPS INC | NONE | $19,839 | — | $19,839 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KPMG LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,526
- Estimated Expense Ratio: 0.015% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $78,440 | — | — | $52,687 | — |
| 2023 | $138,903 | — | — | $118,712 | — |
| 2022 | $106,137 | — | — | — | $93,938 |