Plan Snapshot
- Plan Sponsor: U.S. Bancorp
- Sponsor EIN: 410255900
- Sponsor Address: 800 NICOLLET MALL BC-MN-4BEN, MINNEAPOLIS, MN, 55402
- Plan Type: 401(k)
- Plan Number: 008
- Total Participants: 0
- Total Assets: $7.9B
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. |
|---|---|---|---|---|
| 2024 | 0 | $7.9B | $0 | $0 |
| 2023 | 0 | $7.8B | $0 | $0 |
| 2022 | 0 | $7.3B | $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 |
|---|---|---|---|---|
| MSIM EMERGING MARKETS LEADERS TRUST | Other Service Provider | $1,203,252 | — | $1,203,252 |
| MFS HERITAGE TRUST CO | Other Service Provider | $1,082,776 | — | $1,082,776 |
| STATE STREET GLOBAL ADVISORS | Investment Advisor | $806,428 | — | $806,428 |
| U.S. BANK NATIONAL ASSOCIATION | Other Service Provider | $26,992 | — | $26,992 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STATE STREET GLOBAL ADVISORS — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,119,448
- Estimated Expense Ratio: 0.040% 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 | $10,057,028 | $10,030,036 | — | — | — |
| 2023 | $8,136,053 | $8,099,467 | — | — | — |
| 2022 | $8,685,303 | $8,647,077 | — | — | $38,226 |