2023 Form 5500 filing — Rolex Watch U.S.A., Inc. Profit Sharing Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241009104925NAL0030958128001) for Rolex Watch U.S.A., Inc. Profit Sharing Plan, reported by Rolex Watch U.S.A., Inc. under EIN 13-1574389 and plan number 001. It reports 831 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009104925NAL0030958128001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Rolex Watch U.S.A., Inc.
- EIN
- 13-1574389
- Plan number
- 001
- Location
- New York, NY
- Participants
- 831
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $241,967,229
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $241,967,229
- Employer contributions
- $8,031,606
- Participant contributions
- $5,276,487
- Total income / additions
- $48,022,695
- Benefits paid
- $13,480,641
- Administrative expenses
- $333,095
- Total expenses
- $13,818,891
- Net increase / (decrease)
- $34,203,804
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $220,459 | $0 |
| Pkf O'Connor Davies | ACCOUNTANT | $58,000 | not reported in the loaded dataset |
| Fiducient Advisors LLC | INVESTMENT ADVISORY | $54,636 | not reported in the loaded dataset |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |