L'occitane, Inc. 401(k) Review & Grade
L'occitane, Inc. 401(k) Profit Sharing Plan
New York, NYRetail Trade846 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,029Employer $ per active participant
$1,750Employee $ saved per active participant
0.58%Direct admin cost, % of plan assets
$23.7MNet plan assets, end of year
$50,600Average balance per account
Score breakdown
- Employer generosity31.2 / 5062th percentile for employer $ per participant
- Low cost4.7 / 2519th percentile for low admin cost vs. same-size plans
- Employee saving4.4 / 1529th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score43 / 100 · Grade D
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 62th |
| Lower admin cost | 19th |
| Employee saving | 29th |
| Peers that auto-enroll | 48% |
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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
- L'occitane put in about $1,029 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.
- Direct plan expenses (0.58% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $871,105 |
| Participant (employee) contributions | $1,481,553 |
| Other contributions (incl. rollovers in) | $49,459 |
| Administrative expenses paid from the plan | $127,020 |
| Investment advisory & management fees | $1,708 |
| Other admin expenses | $88,334 |
| Benefits paid out | $1,677,676 |
| Net assets, start / end of year | $20.5M / $23.7M |
| Active participants, start / end of year | 858 / 835 |
| Participants with account balances | 468 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cliftonlarsonallen LLP |
Largest service providers (Schedule C)
| Mercer (US) Inc Mercer Investments | $72,584 reported compensation |
| Empower Annuity Insurance Company O | $36,978 reported compensation |
| Clifton Larsonallen, LLP | $15,750 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251006124931NAL0003433713001, received 2025-10-06, EIN 13-3844764, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.