Plan Ledger DOL Form 5500 · updated monthly

Audemars Piguet North America, Inc401(k)

AUDEMARS PIGUET NORTH AMERICA INC. 401(K) PROFIT SHARING PLAN · CLEARWATER, FL · plan year 2024

Reported admin expense ratio · 2024
0.47%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Audemars Piguet North America, Inc reported $103,510 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $6,022 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 966th-largest of 3,644 plans among Florida employers on file, and the 1,610th of 4,246 in wholesale trade. In 2024, employees put in $1.03 for every $1.00 the employer contributed; active participation has grown from 173 to 203 since 2022.

Plan summary
Net assets, end of year$24,442,844
Participants with balances262
Active participants203
Employer contributions$1,222,551
Employee contributions$1,255,371
Employer contribution per active participant$6,022
Average account balance$93,293
Benefits paid to participants$1,184,133
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.4M · 262 accts · $1.2M emplr
2023$19.8M · 248 accts · $987K emplr
2022$15.5M · 215 accts · $835K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,405
Investment management$54,105
Total administrative$103,510
The Audemars Piguet North America, Inc 401(k) match · 2024
Employer contribution per active participant$6,022
Median for plans this size$2,416
2024$6,022 per active participant
2023$5,061 per active participant
2022$4,827 per active participant

Audemars Piguet North America, Inc's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
TRANSAMERICA RETIREMENT SOLUTIONS, · Recordkeeping · Loan processing$42,930
THE BENEFIT PRACTICE · Recordkeeping · Loan processing$6,475
SNOWDEN CAPITAL ADVISORS, LLC · Investment advisory (plan)$50,674
ENVESTNET, INC. · Investment advisory (plan)$3,431

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024THE BENEFIT PRACTICE, Transamerica
2023THE BENEFIT PRACTICE, Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$103,510 · 0.47%
2023$84,715 · 0.48%
2022$82,462 · 0.46%
Same employer
Similar plansWholesale Trade · Florida
Intradeco, Inc. FL$26.9M · 0.36%
Aersale FL$25.0M · 0.09%
Tabacalera USA Inc. FL$24.9M · 0.37%
Chadwell Supply, Inc. FL$24.1M · 1.01%
Jazwares, LLC FL$22.1M · 0.65%
Q.E.P. Co., Inc. FL$21.9M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134062721 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.