Plan Snapshot
- Plan Sponsor: Warby Parker INC.
- Sponsor EIN: 800423634
- Sponsor Address: 233 SPRING STREET, NEW YORK, NY, 10013
- Plan Type: 401(k)
- Total Participants: 4,145
- Total Assets: $74.6M
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 | 4,145 | $74.6M | $4.1M | $8.1M |
| 2023 | 2,707 | $58.4M | $3.7M | $6.9M |
| 2022 | 2,465 | $43.7M | $3.4M | $6.3M |
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 |
|---|---|---|---|---|
| CBIZ CPAS, P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $172,059 | $47,778 | $300 | — | — |
| 2023 | $139,072 | $11,608 | — | — | — |
| 2022 | $130,619 | $2,851 | — | — | — |