Plan Snapshot
- Plan Sponsor: Natwest Markets Securities, INC.
- Sponsor EIN: 133172275
- Sponsor Address: 600 WASHINGTON BLVD, STAMFORD, CT, 06901
- Plan Type: 401(k)
- Total Participants: 274
- Total Assets: $588.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 274 | $588.9M | $4.1M | $4.7M |
| 2023 | 282 | $552.7M | $4.0M | $4.5M |
| 2022 | 266 | $494.8M | $3.7M | $4.3M |
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 |
|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | Other Service Provider | $177,202 | — | $177,202 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Other Service Provider | $97,237 | — | $97,237 |
| MERCER INVESTMENT CONSULTING INC | Other Service Provider | $18,563 | — | $18,563 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $293,002
- Estimated Expense Ratio: 0.050% 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 | $243,746 | $162,164 | — | — | — |
| 2023 | $170,557 | $170,394 | — | -$100,785 | — |
| 2022 | $221,540 | $169,150 | — | — | $2,935 |