2023 Form 5500 filing — Ameriprise Financial 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240722142235NAL0005918819001) for Ameriprise Financial 401(K) Plan, reported by Ameriprise Financial, Inc. under EIN 13-3180631 and plan number 001. It reports 12,709 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240722142235NAL0005918819001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Ameriprise Financial, Inc.
- EIN
- 13-3180631
- Plan number
- 001
- Location
- Minneapolis, MN
- Participants
- 12,709
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $3,168,684,704
- Total liabilities (EOY)
- $5,213,476
- Net assets (EOY)
- $3,163,471,228
- Employer contributions
- $65,539,012
- Participant contributions
- $129,188,950
- Total income / additions
- $724,588,350
- Benefits paid
- $227,855,106
- Administrative expenses
- $1,500,014
- Total expenses
- $229,355,120
- Net increase / (decrease)
- $495,233,230
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Alight Solutions LLC | RECORDKEEPER | $736,285 | $0 |
| Congress Asset Management | INVESTMENT MANAGER | $473,341 | $0 |
| Pershing LLC | WINDOW CLEARING AGENT | $0 | $423,584 |
| Alight Financial Solutions, LLC | BROKER | $63,480 | $156,540 |
| Principal Trust Co | TRUSTEE CUSTODIAN | $149,459 | $0 |
| Towers Watson Investment Services | INVESTMENT CONSULTANT | $117,925 | not reported in the loaded dataset |