Plan Snapshot
- Plan Sponsor: Chanel INC.
- Sponsor EIN: 130565120
- Sponsor Address: 9 WEST 57TH STREET, NEW YORK, NY, 10019
- Plan Type: DB
- Total Participants: 2,415
- Total Assets: $376.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,415 | $376.1M | $1.1M | $0 |
| 2023 | 2,208 | $377.4M | $22.0M | $0 |
| 2022 | 2,080 | $324.7M | $0 | $0 |
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 |
|---|---|---|---|---|
| NISA INVESTMENT ADVISORS, LLC | INVESTMENT MANAGEMENT | $352,283 | — | $352,283 |
| FIDELITY INVESTMENTS | INVESTMENT MANAGEMENT | $218,725 | — | $218,725 |
| CAPTRUST FINANCIAL PARTNERS, LLC | INVESTMENT MANAGEMENT | $107,261 | — | $107,261 |
| AON CONSULTING, INC. | ACTUARIAL | $98,575 | — | $98,575 |
| CROWE LLP | AUDITOR | $44,876 | — | $44,876 |
| PRINCIPAL | TRUSTEE | $30,000 | — | $30,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS — INVESTMENT MANAGEMENT
- AON CONSULTING, INC. — ACTUARIAL
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $851,720
- Estimated Expense Ratio: 0.226% 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 | $1,138,156 | $678,269 | — | $44,876 | — |
| 2023 | $1,097,588 | $668,689 | $33,735 | — | — |
| 2022 | $1,096,290 | $709,914 | — | — | $190,576 |