Essilorluxottica USA Inc 401(k) Review & Grade
Essilorluxottica Retirement Savings Plan 2
Port Washington, NYRetail Trade3,530 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,936Employer $ per active participant
$4,421Employee $ saved per active participant
0.02%Direct admin cost, % of plan assets
$803.8MNet plan assets, end of year
$131,434Average balance per account
Score breakdown
- Employer generosity43.1 / 5086th percentile for employer $ per participant
- Low cost23.6 / 2594th percentile for low admin cost vs. same-size plans
- Employee saving12.7 / 1585th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score82 / 100 · Grade A
This plan vs. peers
Peers: Retail Trade plans with 2,500–9,999 active participants (183 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 86th |
| Lower admin cost | 94th |
| Employee saving | 85th |
| Peers that auto-enroll | 42% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Essilorluxottica USA put in about $1,936 per active participant, more than the typical peer ($650). 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 | $6,832,383 |
| Participant (employee) contributions | $15,603,167 |
| Other contributions (incl. rollovers in) | $145,962 |
| Administrative expenses paid from the plan | $154,073 |
| Contract administrator fees | $3,300 |
| Investment advisory & management fees | $73,785 |
| Benefits paid out | $77,679,450 |
| Net assets, start / end of year | $742.4M / $803.8M |
| Active participants, start / end of year | 3,734 / 3,325 |
| Participants with account balances | 6,116 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Plante Moran, PLLC |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $80,288 reported compensation |
| Strategic Advisors, Inc | $73,785 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250915162808NAL0001179169001, received 2025-09-15, EIN 86-3625314, plan #025, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.