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Company:
Luxottica U.S. Holdings Corp.
Plan:
Luxottica Group Tax Incentive Savings Plan
 

Luxottica U.S. Holdings Corp.

55 Plan:

 
 
55
37
55
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (55) and the top rated plan (79) could equate to:
[How is this calculated?]
11 additional years of work
Up to $117,000 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Luxottica Group Tax Incentive Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 55. This plan is in the top 15% of plans for Total Plan Cost. Luxottica Group Tax Incentive Savings Plan currently has over 20,300 active participants and over $407.0M in plan assets.

 

 Retirement Plan Details

Address 44 Harbor Park Drive
Port Washington, NY 11050-4625 
Industry Optical Goods Stores
Administrator Scott Hakes
Sponsor Vito Giannola
Net Plan Assets $407,000,000
Total Participants 20,000
Avg Account Balance $20,000

 Compare Other Companies in Peer Group

Kinney Drugs 70.9
Stephen L. LaFrance Holdings 62.7
Mylan Pharmaceuticals 58.8
Sally Beauty Holdings 56.1
Duane Reade 48.3
Walgreen Co. 45.2

 Top 3 Funds in this 401k

1. Fidelity Retirement Money Market 15%
2. Luxottica Stock Fund 13%
3. Fidelity Equity-Income 9%

  Plan Service Provider

Auditor Plante & Moran, PLLC

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