Plan Snapshot
- Plan Sponsor: Kering Americas, INC
- Sponsor EIN: 223091355
- Sponsor Address: 150 TOTOWA ROAD, WAYNE, NJ, 07470
- Plan Type: 401(k)
- Total Participants: 4,402
- Total Assets: $344.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 4,402 | $344.9M | $12.7M | $25.3M |
| 2023 | 4,823 | $300.3M | $11.0M | $23.3M |
| 2022 | 4,791 | $245.1M | $9.8M | $24.0M |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | Recordkeeper | $143,475 | — | $143,475 |
| HIGHTOWER ADVISORS, LLC | Investment Advisor | $64,000 | — | $64,000 |
| BONADIO & CO. LLP | Auditor | $18,500 | — | $18,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — Recordkeeper
- BONADIO & CO. LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $225,975
- Estimated Expense Ratio: 0.066% 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 | $227,034 | $65,059 | — | — | — |
| 2023 | $184,689 | $63,873 | — | — | — |
| 2022 | $190,553 | $63,500 | — | — | — |