Chanel, Inc. Savings & Investment Plan — Form 5500 plan (Chanel)
Plain-English plan 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, Chanel, Inc. Savings & Investment Plan is a benefit plan reported by Chanel under EIN 13-0565120 and plan number 002. The latest loaded filing year is 2023. The filing reports 3,267 participants and $350,325,307 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$350.3MPlan net assets, end of year$350,324,783
Participants3.3KCovered participants reported3,267
Assets / participant$107.2KComputed: assets ÷ participants$107,231 (computed)
Provider compensation$404K4 Schedule C provider row(s)$404,046
- Plan sponsor
- Chanel
- EIN
- 13-0565120
- Plan number
- 002
- Plan type
- 2
- Location
- New York, NY
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 3,267 | H, C | 20241010133536NAL0011508275001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$350.3M total assets
Net assets$350.3MLiabilities$524
Full reported line items
Net assets
- Total assets (EOY)
- $350,325,307
- Total liabilities (EOY)
- $524
- Net assets (EOY)
- $350,324,783
- Net assets (BOY)
- $281,763,825
Income & contributions
- Employer contributions
- $8,902,467
- Participant contributions
- $26,566,261
- Total contributions
- $40,310,556
- Total income / additions
- $95,397,592
Expenses & distributions
- Benefits paid
- $26,412,434
- Administrative expenses
- $404,046
- Total expenses
- $26,836,634
- Net increase / (decrease)
- $68,560,958
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
25%75%
Employer 25%Participant 75%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income28%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $233,157 | not reported in the loaded dataset | 2023 |
| Capfinancial Partners, LLC. | CONSULTANT | $82,213 | not reported in the loaded dataset | 2023 |
| Crowe Llp | CONSULTANT | $47,433 | not reported in the loaded dataset | 2023 |
| Strategic Advisors, Inc. | ADVISOR | $41,243 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Chanel
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in New York, NY
- Fidelity Investments Institutional — Schedule C compensation
- Capfinancial Partners, LLC. — Schedule C compensation
- Crowe Llp — Schedule C compensation
- Strategic Advisors, Inc. — Schedule C compensation