Plan Snapshot
- Plan Sponsor: Loreal Usa, INC.
- Sponsor EIN: 221539735
- Sponsor Address: 50 CONNELL DRIVE, BERKELEY HEIGHTS, NJ, 07922
- Plan Type: DB
- Total Participants: 7,221
- Total Assets: $832.9M
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 | 7,221 | $832.9M | $0 | $0 |
| 2023 | 7,011 | $876.4M | $0 | $0 |
| 2022 | 6,109 | $829.2M | $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 |
|---|---|---|---|---|
| WILLIS TOWERS WATSON US LLC | Actuary | $1,047,978 | — | $1,047,978 |
| WELLINGTON MANAGEMENT CO. | Investment Advisor | $711,522 | — | $711,522 |
| PIMCO | Investment Advisor | $706,063 | — | $706,063 |
| JP MORGAN INVESTMENT MGMT INC | Investment Advisor | $611,783 | — | $611,783 |
| NORTHERN TRUST CORPORATION | Custodian / Trustee | $371,899 | — | $371,899 |
| ATLANTA CAPITAL | Investment Advisor | $299,066 | — | $299,066 |
| CAPFINANCIAL PARTNERS, LLC | Investment Advisor | $167,623 | — | $167,623 |
| BDO USA, P.C. | Auditor | $63,500 | — | $63,500 |
| WILLIAM BLAIR | Investment Advisor | $60,072 | — | $60,072 |
| BUTZEL LONG | ERISA Attorney | $14,200 | — | $14,200 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON US LLC — Actuary
- JP MORGAN INVESTMENT MGMT INC — Investment Advisor
- BDO USA, P.C. — Auditor
- BUTZEL LONG — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,053,706
- Estimated Expense Ratio: 0.487% 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 | $5,194,682 | $2,556,129 | — | $63,500 | — |
| 2023 | $4,776,062 | $1,991,440 | — | $63,500 | — |
| 2022 | $5,033,843 | $2,959,737 | — | — | $1,205,295 |