Plan Ledger DOL Form 5500 · updated monthly

Capri Holdings Limited (USA)401(k)

CAPRI HOLDINGS LIMITED (USA) 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Capri Holdings Limited (USA) reported $758,725 in plan administrative expenses for 2024: 0.37% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,220 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 0.37%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 442nd-largest of 5,648 plans among New York employers on file, and the 760th of 11,654 in professional & technical services. In 2024, employees put in $3.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$213,702,134
Participants with balances6,297
Active participants4,448
Employer contributions$5,425,026
Employee contributions$19,590,816
Employer contribution per active participant$1,220
Average account balance$33,937
Benefits paid to participants$24,369,960
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$213.7M · 6,297 accts · $5.4M emplr
2023$195.1M · 6,582 accts · $6.0M emplr
2022$162.3M · 6,443 accts · $5.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$744,374
Total administrative$758,725
The Capri Holdings Limited (USA) 401(k) match · 2024
Employer contribution per active participant$1,220
Median for plans this size$3,635
2024$1,220 per active participant
2023$1,280 per active participant
2022$1,173 per active participant

Capri Holdings Limited (USA)'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$744,373
PKF O'CONNOR DAVIES, LLP · Consultingindirect comp
MORGAN STANLEY, ADVISORY FEE BILLIN · Investment managementindirect comp

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

Administrative cost history3
2024$758,725 · 0.37%
2023$682,396 · 0.38%
2022$649,837 · 0.39%
Similar plansProfessional & Technical Services · New York
The Population Council, Inc. NY$232.7M · 0.11%
Horizon Media Holdings, LLC NY$232.2M · 0.12%
Kasowitz Benson Torres LLP NY$220.1M · 0.09%
Bond, Schoeneck & King PLLC NY$214.2M · 0.05%
Harris Beach PLLC NY$211.2M · 0.11%
The Npd Group, Inc. NY$208.1M · 0.08%
Clifford Chance US LLP NY$205.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061665964 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.