Ameriprise Financial 401(K) Plan — Form 5500 plan (Ameriprise Financial, Inc.)
Plain-English plan 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, Ameriprise Financial 401(K) Plan is a benefit plan reported by Ameriprise Financial, Inc. under EIN 13-3180631 and plan number 001. The latest loaded filing year is 2023. The filing reports 12,709 participants and $3,168,684,704 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ameriprise Financial, Inc.
- EIN
- 13-3180631
- Plan number
- 001
- Plan type
- 2
- Location
- Minneapolis, MN
- Latest filing year
- 2023
- Participants
- 12,709
- End-of-year plan assets
- $3,168,684,704
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 12,709 | H, C | 20240722142235NAL0005918819001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,168,684,704
- Total liabilities (EOY)
- $5,213,476
- Net assets (EOY)
- $3,163,471,228
- Net assets (BOY)
- $2,668,237,998
Income & contributions
- Employer contributions
- $65,539,012
- Participant contributions
- $129,188,950
- Total contributions
- $204,005,972
- Total income / additions
- $724,588,350
Expenses & distributions
- Benefits paid
- $227,855,106
- Administrative expenses
- $1,500,014
- Total expenses
- $229,355,120
- Net increase / (decrease)
- $495,233,230
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Alight Solutions LLC | RECORDKEEPER | $736,285 | $0 | 2023 |
| Congress Asset Management | INVESTMENT MANAGER | $473,341 | $0 | 2023 |
| Pershing LLC | WINDOW CLEARING AGENT | $0 | $423,584 | 2023 |
| Alight Financial Solutions, LLC | BROKER | $63,480 | $156,540 | 2023 |
| Principal Trust Co | TRUSTEE CUSTODIAN | $149,459 | $0 | 2023 |
| Towers Watson Investment Services | INVESTMENT CONSULTANT | $117,925 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Ameriprise Financial, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MN
- 401(k) and benefit plan filings in Minneapolis, MN
- Alight Solutions LLC — Schedule C compensation
- Congress Asset Management — Schedule C compensation
- Pershing LLC — Schedule C compensation
- Alight Financial Solutions, LLC — Schedule C compensation
- Principal Trust Co — Schedule C compensation
- Towers Watson Investment Services — Schedule C compensation