Plan Snapshot
- Plan Sponsor: Tapestry, INC.
- Sponsor EIN: 522242751
- Sponsor Address: 10 HUDSON YARDS, NEW YORK, NY, 10001
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 11,856
- Total Assets: $659.1M
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 | 11,856 | $659.1M | $15.1M | $29.8M |
| 2023 | 8,968 | $580.1M | $14.4M | $28.4M |
| 2022 | 10,513 | $482.2M | $14.9M | $27.6M |
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 | $326,450 | — | $326,450 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $120,359 | — | $120,359 |
| HARTER SECREST & EMERY LLP | ERISA Attorney | $46,592 | — | $46,592 |
| MERCER | Investment Advisor | $39,000 | — | $39,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
- MERCER — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $532,401
- Estimated Expense Ratio: 0.081% 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 | $532,400 | $120,359 | $900 | — | — |
| 2023 | $511,715 | $101,563 | — | — | — |
| 2022 | $703,477 | $94,680 | — | — | — |