Nordstrom
Nordstrom, Inc. · SEATTLE, WA · Retail trade · sponsor EIN 91-0515058 · 1 plan with Schedule H financials, latest plan year 2024
SEC registrant: Nordstrom Inc.
Plan terms
Quoted from Nordstrom, Inc.'s SEC filing covering the period ended 2025-02-01. The figures on this page cover the plan year ended 2024-12-31, a different period: terms may have changed between the two. The plan document governs; these are the filing's own words.
Employer match
“401(k): Company matching contributions are made each pay period an employee contributes to the 401(k) Plan, equal to a dollar for dollar match up to 1% of eligible pay, then $0.50 per dollar on the next 6% of eligible pay, up to a maximum of 4% of eligible pay and IRC limits”
As stated in Nordstrom, Inc.'s Form 10-K filed 2025-03-21, for the period ended 2025-02-01 (SEC): source document; 10-K benefits note section.
NORDSTROM 401K PLAN
Plan year 2024-01-01 to 2024-12-31 · $4,295,087,364 in assets · 102,382 participants with a balance · >$1B bucket, single-employer · plan number 001
At a glance
Recordkeeping fees per participant (headline)
$33.93
higher than 49% of the 790 plans of similar size (>$1B) that report it
= recordkeeping_fees / participants_with_balance. Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250801124051NAL0007172657001, received 2025-08-01 · participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250801124051NAL0007172657001, received 2025-08-01
Administrative expenses excluding investment management, per participant
$46.79
higher than 54% of the 1,045 plans of similar size (>$1B) that report it
= admin_excl_invmgmt / participants_with_balance. derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250801124051NAL0007172657001, received 2025-08-01 · participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250801124051NAL0007172657001, received 2025-08-01
Administrative expenses per participant
$108.33
higher than 74% of the 1,076 plans of similar size (>$1B) that report it
= admin_expenses / participants_with_balance. Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250801124051NAL0007172657001, received 2025-08-01 · participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250801124051NAL0007172657001, received 2025-08-01
Administrative expenses as a share of assets
0.258%
higher than 99% of the 1,076 plans of similar size (>$1B) that report it
= admin_expenses / assets_eoy. Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250801124051NAL0007172657001, received 2025-08-01 · assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250801124051NAL0007172657001, received 2025-08-01
Employer contributions per participant
$732
higher than 3% of the 1,135 plans of similar size (>$1B) that report it
= employer_contrib / participants_with_balance. Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250801124051NAL0007172657001, received 2025-08-01 · participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250801124051NAL0007172657001, received 2025-08-01
Employer share of total contributions
28.9%
higher than 36% of the 1,135 plans of similar size (>$1B) that report it
= employer_contrib / total_contrib. Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250801124051NAL0007172657001, received 2025-08-01 · total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250801124051NAL0007172657001, received 2025-08-01
Percentiles compare this plan with the Schedule H plans of the same asset bucket and plan year, excluding final filings; a percentile is shown only where at least 50 comparable plans report the figure. The match formula is not in the filing; only amounts are shown.
Plan features
2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · 3H controlled-group sponsor Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250801124051NAL0007172657001, received 2025-08-01
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| ALIGHT SOLUTIONS LLC (recordkeeper) | RECORDKEEPER | 15 Recordkeeping and information management; 50 Direct payment from the plan | $3,473,678 | yes |
| ALIGHT FINANCIAL ADVISORS, LLC | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $2,910,679 | no |
| WILLIAM BLAIR INVESTMENT MGMT LLC | NONE | 28 Investment management; 50 Direct payment from the plan; 51 Investment management fees paid directly by plan; 52 Investment management fees paid indirectly by plan; 68 Soft dollars commissions | $2,679,203 | yes |
| BANK OF NEW YORK MELLON | NONE | 21 Trustee (bank, trust company or similar); 25 Trustee (directed); 28 Investment management; 50 Direct payment from the plan; 51 Investment management fees paid directly by plan; 52 Investment management fees paid indirectly by plan | $1,021,122 | yes |
| CALLAN ASSOCIATES | CONSULTANT | 16 Consulting (general); 50 Direct payment from the plan | $447,894 | no |
| THOMPSON HINE | ERISA COUNSEL | 29 Legal; 50 Direct payment from the plan | $234,201 | no |
| DODGE & COX | NONE | 28 Investment management; 50 Direct payment from the plan; 51 Investment management fees paid directly by plan; 52 Investment management fees paid indirectly by plan; 68 Soft dollars commissions | $215,319 | yes |
| MOSS ADAMS | AUDITOR | 10 Accounting (including auditing); 50 Direct payment from the plan | $70,000 | no |
| STATE STREET GLOBAL ADVISORS | NONE | 19 Custodial (securities); 49 Other services; 50 Direct payment from the plan; 51 Investment management fees paid directly by plan | $46,798 | yes |
| QDRO CONSULTANTS CO LLC | CONSULTANT | 16 Consulting (general); 50 Direct payment from the plan | $6,550 | no |
| PERSHING LLC | NONE | 59 Shareholder servicing fees; 61 Finders fees / placement fees; 71 Securities brokerage commissions and fees; 99 Other fees | $0 | yes |
| ALIGHT FINANCIAL SOLUTIONS, LLC | NONE | 33 Securities brokerage; 61 Finders fees / placement fees; 63 Distribution (12b-1) fees | $0 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250801124051NAL0007172657001, received 2025-08-01.
Full record
| Field | Value | Source |
|---|---|---|
| Plan sponsor | NORDSTROM, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250801124051NAL0007172657001, received 2025-08-01 |
| Plan name | NORDSTROM 401K PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250801124051NAL0007172657001, received 2025-08-01 |
| Sponsor EIN / plan number | 91-0515058 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250801124051NAL0007172657001, received 2025-08-01 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250801124051NAL0007172657001, received 2025-08-01 |
| Sponsor location | SEATTLE, WA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250801124051NAL0007172657001, received 2025-08-01 |
| Industry (business code) | 452200, Retail trade | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250801124051NAL0007172657001, received 2025-08-01 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250801124051NAL0007172657001, received 2025-08-01 |
| Filing received | 2025-08-01 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250801124051NAL0007172657001, received 2025-08-01 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250801124051NAL0007172657001, received 2025-08-01 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250801124051NAL0007172657001, received 2025-08-01 |
| Participants, beginning of year | 108,781 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250801124051NAL0007172657001, received 2025-08-01 |
| Active participants | 58,257 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250801124051NAL0007172657001, received 2025-08-01 |
| Participants, end of year | 109,402 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250801124051NAL0007172657001, received 2025-08-01 |
| Participants with an account balance | 102,382 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250801124051NAL0007172657001, received 2025-08-01 |
| Total assets, beginning of year | $3,919,870,165 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250801124051NAL0007172657001, received 2025-08-01 |
| Total assets, end of year | $4,295,087,364 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250801124051NAL0007172657001, received 2025-08-01 |
| Net assets, end of year | $4,290,523,450 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250801124051NAL0007172657001, received 2025-08-01 |
| Total income | $749,457,085 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250801124051NAL0007172657001, received 2025-08-01 |
| Net income | $375,244,151 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250801124051NAL0007172657001, received 2025-08-01 |
| Employer contributions | $74,921,489 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250801124051NAL0007172657001, received 2025-08-01 |
| Participant contributions | $184,391,976 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250801124051NAL0007172657001, received 2025-08-01 |
| Total contributions | $259,313,465 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250801124051NAL0007172657001, received 2025-08-01 |
| Benefit payments | $363,147,820 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250801124051NAL0007172657001, received 2025-08-01 |
| Total expenses (incl. benefit payments) | $374,212,934 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250801124051NAL0007172657001, received 2025-08-01 |
| Total administrative expenses | $11,090,844 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250801124051NAL0007172657001, received 2025-08-01 |
| Recordkeeping fees | $3,473,678 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250801124051NAL0007172657001, received 2025-08-01 |
| IQPA audit fees | $70,000 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250801124051NAL0007172657001, received 2025-08-01 |
| Investment advisory and management fees | $6,299,893 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250801124051NAL0007172657001, received 2025-08-01 |
| Administrative expenses excluding investment management | $4,790,951 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250801124051NAL0007172657001, received 2025-08-01 |
| Held in common/collective trusts | $2,705,369,690 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250801124051NAL0007172657001, received 2025-08-01 |
| Held in mutual funds | $588,213,908 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250801124051NAL0007172657001, received 2025-08-01 |
| Independent auditor | BDO USA, P.C. | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250801124051NAL0007172657001, received 2025-08-01 |
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $3,919,870,165 | $4,295,087,364 | 9.6% |
| Participants with a balance | 103,450 | 102,382 | -1.0% |
| Administrative expenses | $11,190,756 | $11,090,844 | -0.9% |
| Recordkeeping fees per participant | $33.11 | $33.93 | 2.5% |
| Employer contributions | $69,492,346 | $74,921,489 | 7.8% |
Prior filing 20240614112912NAL0032072065001, received 2024-06-14; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: NORDSTROM, INC.; SEC registrant: NORDSTROM INC (CIK 72333, matched by EIN; display name from the Form 11-K cover).