U.S. Bank 401(k) Savings Plan
Sponsored by U.S. Bancorp · EIN 410255900 · Plan #004
- Total assets
- $11.4B
- Net assets
- $11.4B
- Active participants
- 67,658
- With balances
- 87,776
Plan year beginning 01/01/2024 · 401(k)
Linked investment advisers
Advisory firms matched from Schedule C service providers (investment codes 26-28).
| Firm | Match | Plan year |
|---|---|---|
| Alight Financial Advisors, Llc CRD 158744 | deterministic · 100% | 2024 |
| Galliard Capital Management, Llc CRD 106487 | deterministic · 100% | 2024 |
Service providers
Schedule C providers paid $5,000+ (large plans only).
| Provider | Services | Direct comp |
|---|---|---|
| Alight Financial Advisors, Llc | Investment advisory (participants), Direct payment from the plan | $5,940,103 |
| Alight Solutions Llc | Recordkeeping, Direct payment from the plan | $2,358,875 |
| Galliard Capital Management, Llc | Investment advisory (participants), Direct payment from the plan, Investment management fees (direct) | $527,749 |
| Prudential Life Insurance Co | Direct payment from the plan, Other insurance wrap fees | $202,003 |
| American General Life Insurance Co | Direct payment from the plan, Other insurance wrap fees | $194,627 |
| Metropolitan Tower Life Ins. Co. | Direct payment from the plan, Other insurance wrap fees | $186,300 |
| Voya Retirement Ins And Annuity Co | Direct payment from the plan, Other insurance wrap fees | $180,034 |
| Morgan Lewis Bockius Llp | Legal, Direct payment from the plan | $168,376 |
| U.S. Bank National Association | Trustee (institutional), Trustee (directed), Direct payment from the plan | $62,170 |
| Alight Financial Solutions, Llc | Securities brokerage, Finders' fees/placement fees, Distribution (12b-1) fees | $26,778 |
| Pershing Llc | Shareholder servicing fees, Finders' fees/placement fees, Securities brokerage commissions | $0 |