Plan Snapshot
- Plan Sponsor: Swarovski Optik North America, Ltd.
- Sponsor EIN: 050456859
- Sponsor Address: 2 SLATER ROAD, CRANSTON, RI, 02920
- Plan Type: 401(k)
- Total Participants: 115
- Total Assets: $16.9M
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 | 115 | $16.9M | $391,078 | $703,047 |
| 2023 | 109 | $14.6M | $380,533 | $708,670 |
| 2022 | 106 | $11.7M | $333,236 | $621,448 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $14,669 | — | $14,669 |
| GLOBAL RETIREMENT PARTNERS LLC | Investment Advisor | $10,000 | — | $10,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- GLOBAL RETIREMENT PARTNERS LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,669
- Estimated Expense Ratio: 0.146% 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 | $27,442 | $12,773 | — | — | — |
| 2023 | $99,111 | — | $32,771 | — | — |
| 2022 | $301,161 | — | $9,952 | — | — |