Plan Snapshot
- Plan Sponsor: Nasdaq, INC.
- Sponsor EIN: 521165937
- Sponsor Address: 805 KING FARM BLVD., ROCKVILLE, MD, 20850
- Plan Type: DB
- Plan Number: 002
- Total Participants: 199
- Total Assets: $61.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 199 | $61.1M | $4.6M | $0 |
| 2022 | 202 | $78.5M | $0 | $0 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $350,850 | — | $350,850 |
| PRINCIPAL GLOBAL INVESTORS, LLC | Investment Advisor | $221,382 | — | $221,382 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $572,232
- Estimated Expense Ratio: 0.936% 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 |
|---|---|---|---|---|---|
| 2023 | $955,404 | $221,382 | $350,850 | — | — |
| 2022 | $568,677 | $296,403 | $185,743 | — | — |