Employer · plans filed under one EIN
Ameriprise Financial, Inc.
Minneapolis, MN · Finance and insurance
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
Ameriprise Financial, Inc., based in Minneapolis, Minnesota, sponsors 2 retirement plans with 100 or more participants: 1 defined contribution and 1 defined benefit. Together they reported 20,857 participant records and $4.81B in net assets.
The largest is Ameriprise Financial 401(k) Plan, an ESOP with a 401(k) feature with 11,885 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $91.5M and participant contributions $138M in the latest plan years; benefits paid were $416M. Schedule C compensation reported to service provider organisations totalled $4.1M.
Combined net assets moved from $812M in 2009 to $3.89B in 2025 (up 379%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| Ameriprise Financial 401(k) Plan | ESOP with a 401(k) feature | 2025 | 11,885 | $3.89B | $327,503 | $8,068 | $2.2M |
| Ameriprise Financial Retirement Plan | cash balance pension plan | 2024 | 8,972 | $922M | $102,710 | $5,129 | $1.9M |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2025 | 1 | 11,885 | $3.89B | $69.5M | $138M |
| 2024 | 2 | 21,274 | $4.54B | $90.1M | $134M |
| 2023 | 2 | 22,078 | $4.04B | $96.5M | $129M |
| 2022 | 2 | 22,732 | $3.41B | $100M | $124M |
| 2021 | 2 | 23,096 | $3.81B | $99.3M | $119M |
| 2020 | 2 | 24,778 | $3.48B | $102M | $113M |
| 2019 | 2 | 25,933 | $2.97B | $59.0M | $110M |
| 2018 | 2 | 27,627 | $2.50B | $74.0M | $103M |
| 2017 | 2 | 26,376 | $2.67B | $109M | $94.5M |
| 2016 | 2 | 25,865 | $2.26B | $61.6M | $90.2M |
| 2015 | 2 | 25,154 | $2.04B | $66.4M | $87.3M |
| 2014 | 2 | 24,702 | $2.02B | $48.1M | $81.6M |
| 2013 | 2 | 24,454 | $1.91B | $93.4M | $76.6M |
| 2012 | 2 | 25,077 | $1.55B | $84.6M | $74.2M |
| 2011 | 2 | 26,620 | $1.31B | $84.1M | $69.4M |
| 2010 | 2 | 25,963 | $1.23B | $91.2M | $58.3M |
| 2009 | 2 | 25,352 | $812M | $20.7M | $52.6M |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| Alight Solutions LLC | Recordkeeping and information management; Participant communication; Securities brokerage | 2 | $1,371,840 |
| Pershing LLC | — | 1 | $531,954 |
| Congress Asset Management | Investment management | 1 | $504,577 |
| Fidelity Institutional Asset MGMT | Investment management | 1 | $389,341 |
| Morgan Stanley Investment MGMT | Investment management | 1 | $326,434 |
| Principal Trust Co. | Custodial (other than securities); Custodial (securities); Trustee (bank, trust company, or similar financial institution); Trustee (directed) | 2 | $297,897 |
| Towers Watson Investment Services | Investment advisory (plan) | 2 | $295,892 |
| Loomis Sayles Trust Company | — | 1 | $187,961 |
| Kennedy Capital Management LLC | Investment management | 1 | $128,278 |
| Towers Watson Delaware Inc. | Actuarial; Consulting (pension) | 1 | $70,881 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does Ameriprise Financial, Inc. have?
2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Ameriprise Financial 401(k) Plan and Ameriprise Financial Retirement Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does Ameriprise Financial, Inc. contribute to its plans?
$91,520,781 in employer contributions across these plans in their latest plan years, about $7,091 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name Alight Solutions LLC, Pershing LLC, Congress Asset Management and Fidelity Institutional Asset MGMT and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.