Plan Snapshot
- Plan Sponsor: Clarins Usa, INC.
- Sponsor EIN: 133054298
- Sponsor Address: 15 OLYMPIC DRIVE, ORANGEBURG, NY, 10962
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 999
- Total Assets: $52.9M
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. |
|---|---|---|---|---|
| 2025 | 999 | $52.9M | $0 | $0 |
| 2024 | 851 | $46.5M | $1.3M | $2.1M |
| 2023 | 777 | $43.6M | $1.2M | $2.1M |
| 2022 | 760 | $38.0M | $1.2M | $2.0M |
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 |
|---|---|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER AND S | Recordkeeper | $84,297 | — | $84,297 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $84,297
- Estimated Expense Ratio: 0.159% 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 |
|---|---|---|---|---|---|
| 2025 | $4,072,627 | — | — | — | — |
| 2024 | $83,584 | — | — | — | — |
| 2023 | $97,515 | — | — | — | — |
| 2022 | $95,883 | — | — | — | — |