Plan Snapshot
- Plan Sponsor: Prada Usa Corp.
- Sponsor EIN: 133751431
- Sponsor Address: 610 WEST 52ND STREET, NEW YORK, NY, 10019
- Plan Type: 401(k)
- Total Participants: 1,013
- Total Assets: $95.2M
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 | 1,013 | $95.2M | $2.3M | $5.7M |
| 2023 | 1,049 | $80.4M | $2.1M | $5.2M |
| 2022 | 988 | $65.1M | $1.8M | $4.5M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | Investment Advisor | $12,004 | — | $12,004 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,004
- Estimated Expense Ratio: 0.013% 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 | -$20,613 | $12,004 | — | — | — |
| 2023 | -$9,575 | $6,353 | — | $14,000 | — |
| 2022 | -$6,594 | $2,509 | — | — | — |