Plan Snapshot
- Plan Sponsor: Breitling Usa, INC.
- Sponsor EIN: 061275901
- Sponsor Address: 206 DANBURY ROAD, WILTON, CT, 06897
- Plan Type: 401(k)
- Total Participants: 266
- Total Assets: $16.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 266 | $16.3M | $643,111 | $1.1M |
| 2023 | 201 | $14.7M | $540,423 | $1.0M |
| 2022 | 179 | $11.7M | $462,229 | $930,249 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| UBS FINANCIAL SERVICES INC | ADVISOR | $34,675 | — | $34,675 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $25,496 | — | $25,496 |
| NOVAK FRANCELLA LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES INC — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- NOVAK FRANCELLA LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,171
- Estimated Expense Ratio: 0.370% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $60,171 | $34,675 | — | — | — |
| 2023 | $61,682 | $30,778 | — | — | — |
| 2022 | $10,439 | — | — | — | — |