Plan Snapshot
- Plan Sponsor: Brunello Cucinelli Usa INC
- Sponsor EIN: 133500321
- Sponsor Address: 466 SAW MILL RIVER ROAD, ARDSLEY, NY, 10502
- Plan Type: 401(k)
- Total Participants: 468
- Total Assets: $14.1M
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 | 468 | $14.1M | $1.1M | $2.3M |
| 2023 | 347 | $8.8M | $834,319 | $1.7M |
| 2022 | 279 | $5.6M | $588,337 | $1.1M |
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 |
|---|---|---|---|---|
| AMERIPRISE FINANCIAL SERVICES INC | ADVISOR | — | $24,755 | $24,755 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $13,387 | — | $13,387 |
| FUNARO & CO., P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AMERIPRISE FINANCIAL SERVICES INC — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- FUNARO & CO., P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,142
- Estimated Expense Ratio: 0.270% 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 | $13,387 | — | — | — | — |
| 2023 | $44,765 | — | — | — | — |
| 2022 | $71,605 | $48,789 | $22,816 | — | — |