Plan Snapshot
- Plan Sponsor: Fossil Group INC.
- Sponsor EIN: 752018505
- Sponsor Address: 901 S. CENTRAL EXPRESSWAY, RICHARDSON, TX, 75080
- Plan Type: 401(k)
- Total Participants: 1,799
- Total Assets: $120.6M
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 | 1,799 | $120.6M | $1.9M | $5.8M |
| 2023 | 2,191 | $119.4M | $2.5M | $6.3M |
| 2022 | 2,178 | $109.7M | $2.5M | $6.5M |
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 |
|---|---|---|---|---|
| DELOITTE & TOUCHE | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DELOITTE & TOUCHE — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $222,448 | $62,500 | $159,948 | — | — |
| 2023 | $218,073 | $37,658 | $180,415 | — | — |
| 2022 | $359,008 | $50,000 | $182,344 | — | $12,500 |