Plan Ledger DOL Form 5500 · updated monthly

Giorgio Armani Corporation401(k)

GIORGIO ARMANI 401(K) · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Giorgio Armani Corporation reported $196,332 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $404 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 2 years on file its reported administrative ratio fell from 0.26% to 0.24%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 903rd-largest of 5,648 plans among New York employers on file, and the 416th of 5,215 in retail trade. In 2024, employees put in $5.08 for every $1.00 the employer contributed; active participation has grown from 1,506 to 1,740 since 2022.

Plan summary
Net assets, end of year$86,302,194
Participants with balances819
Active participants1,740
Employer contributions$703,092
Employee contributions$3,575,176
Employer contribution per active participant$404
Average account balance$105,375
Benefits paid to participants$5,886,583
Plan auditUnmodified (clean) audit opinion
AuditorFUNARO & CO. P.C
Plan history3
Yearassets · accounts · employer contribution
2024$86.3M · 819 accts · $703K emplr
2023$76.4M · $900K emplr
2022$64.4M · 830 accts · $875K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$136,332
Investment management$60,000
Total administrative$196,332
The Giorgio Armani Corporation 401(k) match · 2024
Employer contribution per active participant$404
Median for plans this size$3,635
2024$404 per active participant
2023$605 per active participant
2022$581 per active participant

Giorgio Armani Corporation'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 · 20242
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$60,000

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$196,332 · 0.24%
2023$205,137 · 0.29%
2022$187,870 · 0.26%
Same employer
Similar plansRetail Trade · New York
Harry Winston, Inc. NY$96.4M · 0.20%
Eileen Fisher, Inc. NY$92.9M · 0.07%
Burberry Limited NY$85.1M · 0.14%
Aijj Enterprises, Inc NY$81.8M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133187045 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.