Cole Haan LLC 401(k) Review & Grade
Cole Haan Retirement Plan
New York, NYRetail Trade613 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,483Employer $ per active participant
$6,757Employee $ saved per active participant
0.07%Direct admin cost, % of plan assets
$68.3MNet plan assets, end of year
$97,195Average balance per account
Score breakdown
- Employer generosity48.2 / 5096th percentile for employer $ per participant
- Low cost20.2 / 2581th percentile for low admin cost vs. same-size plans
- Employee saving14.3 / 1595th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
- Red-flag deductions-10 pts1 issue reported on the filing
Total score73 / 100 · Grade B
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 96th |
| Lower admin cost | 81th |
| Employee saving | 95th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- Cole Haan put in about $3,483 per active participant, more than the typical peer ($743). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $2,135,165 |
| Participant (employee) contributions | $4,142,083 |
| Other contributions (incl. rollovers in) | $616,087 |
| Administrative expenses paid from the plan | $47,035 |
| Contract administrator fees | $300 |
| Investment advisory & management fees | $3,199 |
| Benefits paid out | $6,270,473 |
| Net assets, start / end of year | $59.3M / $68.3M |
| Active participants, start / end of year | 537 / 689 |
| Participants with account balances | 703 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Baker Tilly US LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $43,836 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010092625NAL0004104131001, received 2025-10-10, EIN 22-2256331, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.