Plan Ledger DOL Form 5500 · updated monthly

Kering Americas, Inc401(k)

KERING AMERICAS, INC. RETIREMENT AND SAVINGS PLAN · WAYNE, NJ · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Kering Americas, Inc reported $227,034 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $2,891 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 0.070%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other retail trade employers. By assets it is the 159th-largest of 2,419 plans among New Jersey employers on file, and the 147th of 5,215 in retail trade. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$344,922,684
Participants with balances7,210
Active participants4,402
Employer contributions$12,728,208
Employee contributions$25,321,978
Employer contribution per active participant$2,891
Average account balance$47,839
Benefits paid to participants$37,891,208
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$344.9M · 7,210 accts · $12.7M emplr
2023$300.3M · 7,270 accts · $11.0M emplr
2022$245.1M · 6,632 accts · $9.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$143,475
Investment management$65,059
Total administrative$227,034
The Kering Americas, Inc 401(k) match · 2024
Employer contribution per active participant$2,891
Median for plans this size$4,294
2024$2,891 per active participant
2023$2,283 per active participant
2022$2,055 per active participant

Kering Americas, Inc's 2024 employer contribution ran below the $4,294 median for plans its size. 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 · 20245
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$143,475
HIGHTOWER ADVISORS, LLC · Consulting$64,000
BONADIO & CO. LLP · Accounting / audit$18,500
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp
CHARLES SCHWAB & CO., INC. · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$227,034 · 0.07%
2023$184,689 · 0.07%
2022$190,553 · 0.07%
Same employer
Similar plansRetail Trade · New Jersey
Premium Brands Services LLC NJ$382.6M · 0.15%
Sparc Group LLC NJ$341.8M · 0.20%
Party City Holdings Inc. NJ$284.9M · 0.31%
Suburban Propane L.P. NJ$254.0M · 0.19%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 223091355 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.