Nordea Bank Abp, New York Branch 401(k) match, vesting and fees
What Nordea Bank Abp, New York Branch's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Bdo USA, PC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,409 defined-contribution plans in finance and insurance with 100 to 499 participants.
| Nordea Bank Abp, New York Branch: employer contribution per participant | $11,095 | |
| Peer median | $2,868 |
| Nordea Bank Abp, New York Branch: average balance | $469,121 | |
| Peer median | $95,281 |
| Nordea Bank Abp, New York Branch: admin expenses ÷ assets | 0.02% | |
| Peer median | 0.22% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $53.2M at the end of plan year 2022 to $68M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 149 | $68M | $1.6M | $11,095 | 0.02% | Not published | Form 5500 ↗ |
| 2023 | 157 | $63.5M | $1.7M | $10,955 | <0.01% | Not published | Form 5500 ↗ |
| 2022 | 158 | $53.2M | $1.6M | $10,373 | 0.02% | Not published | Form 5500 ↗ |
Common questions
Does Nordea Bank Abp, New York Branch match 401(k) contributions?
The match terms for the Nordea Bank Abp, New York Branch Salary Savings and Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $1.6M in employer contributions, about $11,095 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Nordea Bank Abp, New York Branch 401(k) match vested?
The vesting schedule for the Nordea Bank Abp, New York Branch Salary Savings and Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Nordea Bank Abp, New York Branch 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Nordea Bank Abp, New York Branch.
I left Nordea Bank Abp, New York Branch. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Nordea Bank Abp, New York Branch, (212) 318-9300) or the recordkeeper, Fidelity Investments Institutional. The Nordea Bank Abp, New York Branch old 401(k) page lists the contacts from every plan filing. Find an old Nordea Bank Abp, New York Branch 401(k)
Data from the public Form 5500 annual reports Nordea Bank Abp, New York Branch filed with the U.S. Department of Labor (plan years 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Nordea Bank Abp, New York Branch. Not financial advice. Report a correction · Methodology