Plan Snapshot
- Plan Sponsor: Tory Burch, LLC
- Sponsor EIN: 562384277
- Sponsor Address: 11 WEST 19TH STREET, NEW YORK, NY, 10011
- Plan Type: 401(k)
- Total Participants: 4,315
- Total Assets: $117.7M
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 | 4,315 | $117.7M | $5.3M | $10.9M |
| 2023 | 2,179 | $93.8M | $4.9M | $10.2M |
| 2022 | 2,205 | $70.7M | $4.8M | $9.7M |
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 | $143,846 | — | $143,846 |
| KESTRA INVESTMENT SERVICES LLC | ADVISOR | $55,000 | — | $55,000 |
| BDO USA, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- KESTRA INVESTMENT SERVICES LLC — ADVISOR
- 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: $198,846
- Estimated Expense Ratio: 0.169% 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 | $198,846 | $55,000 | — | — | — |
| 2023 | $153,983 | $55,000 | — | — | — |
| 2022 | $203,936 | — | — | — | — |