Plan Ledger DOL Form 5500 · updated monthly

Essilorluxottica USA Inc401(k)

ESSILORLUXOTTICA RETIREMENT SAVINGS PLAN 1 · PORT WASHINGTON, NY · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Essilorluxottica USA Inc reported $968,431 in plan administrative expenses for 2024: 0.07% of average plan assets, above the peer median. Employer contributions averaged $1,458 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 1 year on file its reported administrative ratio rose from 0.06% to 0.07%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 88th-largest of 5,648 plans among New York employers on file, and the 119th of 11,911 in health care & social assistance. In 2024, employees put in $1.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,502,077,284
Participants with balances27,937
Active participants38,884
Employer contributions$56,691,393
Employee contributions$90,003,360
Employer contribution per active participant$1,458
Average account balance$53,767
Benefits paid to participants$117,131,572
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$1.5B · 27,937 accts · $56.7M emplr
2023$1.2B · 25,641 accts · $61.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$778,291
Investment management$190,140
Total administrative$968,431
The Essilorluxottica USA Inc 401(k) match · 2024
Employer contribution per active participant$1,458
Median for plans this size$5,259
2024$1,458 per active participant
2023$1,653 per active participant

Essilorluxottica USA Inc's 2024 employer contribution ran below the $5,259 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$778,291
STRATEGIC ADVISORS, INC · Investment advisory (plan)$190,140

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

Administrative cost history2
2024$968,431 · 0.07%
2023$574,552 · 0.06%
All plans at this employer3
ESSILORLUXOTTICA RETIREMENT SAVINGS PLAN 1401(k)
ESSILORLUXOTTICA PUERTO RICO RETIREMENT SAVINGS PLAN 3401(k)
ESSILORLUXOTTICA RETIREMENT SAVINGS PLAN 2401(k)
Same employer
Similar plansHealth Care & Social Assistance · New York
Montefiore Medical Center NY$4.3B · 0.00%
Nyu Langone Hospitals NY$3.6B · 0.03%
Maimonides Medical Center NY$1.0B · 0.08%
Rochester Regional Health NY$987.0M · 0.12%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 863625314 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.