Plan Snapshot
- Plan Sponsor: L'Oreal Usa, INC.
- Sponsor EIN: 221539735
- Sponsor Address: 50 CONNELL DRIVE, BERKELEY HEIGHTS, NJ, 07922
- Plan Type: 401(k)
- Total Participants: 8,887
- Total Assets: $2.0B
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 | 8,887 | $2.0B | $35.0M | $83.9M |
| 2023 | 8,911 | $1.8B | $32.5M | $77.9M |
| 2022 | 8,508 | $1.5B | $29.5M | $69.4M |
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 |
|---|---|---|---|---|
| BDO USA, P.C. | Auditor | $41,500 | — | $41,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,500
- Estimated Expense Ratio: 0.002% 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 | $700,149 | $119,257 | — | $41,500 | — |
| 2023 | $701,394 | $115,261 | — | $41,500 | — |
| 2022 | $774,750 | $235,032 | — | — | $47,513 |