Plan Ledger DOL Form 5500 · updated monthly

L'Occitane, Inc.401(k)

L'OCCITANE, INC. 401(K) PROFIT SHARING PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

L'Occitane, Inc. reported $127,020 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,043 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 0.70% to 0.58%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 2,268th-largest of 5,648 plans among New York employers on file, and the 1,271st of 5,215 in retail trade. In 2024, employees put in $1.70 for every $1.00 the employer contributed; active participation has grown from 521 to 835 since 2022.

Plan summary
Net assets, end of year$23,680,832
Participants with balances468
Active participants835
Employer contributions$871,105
Employee contributions$1,481,553
Employer contribution per active participant$1,043
Average account balance$50,600
Benefits paid to participants$1,677,676
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.7M · 468 accts · $871K emplr
2023$20.5M · 698 accts · $773K emplr
2022$17.3M · 655 accts · $714K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,978
Investment management$1,708
Total administrative$127,020
The L'Occitane, Inc. 401(k) match · 2024
Employer contribution per active participant$1,043
Median for plans this size$2,416
2024$1,043 per active participant
2023$842 per active participant
2022$1,370 per active participant

L'Occitane, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20244
MERCER (US) INC MERCER INVESTMENTS$72,584
CLIFTON LARSONALLEN, LLP$15,750
EMPOWER ADVISORY GROUP, LLC · Investment management$1,708

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$127,020 · 0.58%
2023$118,856 · 0.63%
2022$132,878 · 0.70%
Same employer
Similar plansRetail Trade · New York
Landpro Equipment, LLC NY$24.2M · 0.26%
Phillips Auctioneers, LLC NY$24.1M · 0.45%
Paraco Gas Corporation NY$24.0M · 0.56%
Arena Distributors, Inc. NY$23.6M · 0.31%
Pride Tree Holdings, Inc. NY$23.4M · 0.02%
Competition Imports NY$22.9M · 0.58%
G&S Corporation NY$22.6M · 0.08%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 133844764 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.