Swarovski U.S. Holdings LTD. 401(k) Review & Grade
Swarovski Employee Retirement Savings Plan
Cranston, RIManufacturing1,678 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$876Employer $ per active participant
$1,227Employee $ saved per active participant
0.05%Direct admin cost, % of plan assets
$80.7MNet plan assets, end of year
$65,903Average balance per account
Score breakdown
- Employer generosity6.9 / 5014th percentile for employer $ per participant
- Low cost22.2 / 2589th percentile for low admin cost vs. same-size plans
- Employee saving0.7 / 155th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score33 / 100 · Grade D
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 14th |
| Lower admin cost | 89th |
| Employee saving | 5th |
| Peers that auto-enroll | 59% |
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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
- Swarovski U.S. Holdings put in about $876 per active participant, below the typical peer ($2,320). Any match is still an instant return, so contribute enough to get all of it.
- 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 | $1,469,266 |
| Participant (employee) contributions | $2,059,134 |
| Other contributions (incl. rollovers in) | $344,690 |
| Administrative expenses paid from the plan | $35,522 |
| Benefits paid out | $10,146,486 |
| Net assets, start / end of year | $76.8M / $80.7M |
| Active participants, start / end of year | 1,637 / 1,719 |
| Participants with account balances | 1,224 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cbiz Cpas P.C. |
Largest service providers (Schedule C)
| Cbiz Cpas P.C. | $22,050 reported compensation |
| Merrill Lynch, Pierce, Fenner and S | $5,541 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251002113108NAL0000431553001, received 2025-10-02, EIN 05-0273019, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.