Industry · Form 5500 business code 423940
Jewelry, Watch, Precious Stone, & Precious Metals: retirement plans
Plans whose sponsor entered this principal business activity code on Form 5500.
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. The business code is chosen by the filer from the list in the Form 5500 instructions.
32 retirement plans in jewelry, watch, precious stone, & precious metals with 100 or more participants filed Form 5500 for plan year 2024 (30 defined contribution, 2 defined benefit). All Form 5500 pension filers in the group reported 23,131 participant records and $1.00B in net assets.
The median defined contribution plan held $51,465 per participant, close to the national median of $53,031, and its employer put in $1,796 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $101 per participant against $123 nationally.
Employers contributed $24.4M and participants $50.8M during the year, and the plans paid out $114M in benefits.
In 2009 the same group numbered 32 plans with $380M; by 2024 it was 32 plans (unchanged) and $1.00B (up 165%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Medians compared with all US plans
| Median plan, plan year 2024 | Industry: DC | US: DC | Industry: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $51,465 | $53,031 | $37,103 | $86,234 |
| Employer contributions per active participant | $1,796 | $2,174 | $14,760 | $10,244 |
| Schedule C compensation per participant | $101 | $123 | $192 | $344 |
| Schedule C compensation, share of net assets | 0.23% | 0.26% | 0.63% | 0.42% |
| Administrative expenses per participant | $89.84 | $116 | $195 | $527 |
Medians across plans with 100 or more participants (26 DC and 2 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.
Distribution of DC plans
| Measure | 25th percentile | Median | 75th percentile | Plans |
|---|---|---|---|---|
| Net assets per participant | $18,048 | $51,465 | $81,539 | 26 |
| Employer contributions per active participant | $792 | $1,796 | $2,854 | 26 |
| Schedule C compensation per participant | $41.26 | $101 | $192 | 24 |
| Administrative expenses per participant | $42.71 | $89.84 | $175 | 25 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2024 | 32 | 23,131 | $1.00B | $24.4M | $50.8M | $51,465 | $101 |
| 2023 | 32 | 22,819 | $928M | $23.3M | $48.8M | $43,767 | $69.81 |
| 2022 | 36 | 21,164 | $818M | $21.8M | $46.3M | $37,379 | $68.93 |
| 2021 | 31 | 19,588 | $982M | $18.6M | $40.6M | $48,213 | $77.34 |
| 2020 | 36 | 19,605 | $894M | $13.6M | $35.7M | $42,053 | $85.09 |
| 2019 | 35 | 20,930 | $816M | $19.1M | $40.6M | $34,209 | $70.29 |
| 2018 | 33 | 21,052 | $726M | $19.4M | $38.8M | $32,101 | $44.89 |
| 2017 | 35 | 21,677 | $745M | $17.8M | $37.4M | $27,559 | $44.74 |
| 2016 | 37 | 22,565 | $733M | $18.9M | $39.9M | $28,606 | $41.85 |
| 2015 | 41 | 23,974 | $697M | $19.5M | $38.5M | $25,005 | $40.84 |
| 2014 | 42 | 25,212 | $730M | $20.7M | $37.8M | $30,256 | $35.00 |
| 2013 | 46 | 26,631 | $735M | $29.2M | $35.5M | $28,355 | $21.44 |
| 2012 | 43 | 25,868 | $593M | $22.4M | $30.6M | $27,517 | $33.84 |
| 2011 | 34 | 20,326 | $445M | $17.7M | $23.8M | $22,884 | $27.40 |
| 2010 | 29 | 21,051 | $394M | $13.0M | $21.8M | $25,399 | $38.02 |
| 2009 | 32 | 22,323 | $380M | $10.2M | $22.9M | $20,901 | $31.36 |
Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.
Provider share
Service provider organisations named most often on the Schedule C of the 32 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 32 largest by participants of 32 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| Pandora Jewelry LLC 401(k) Plan | Pandora Jewelry LLC | MD | DC | 5,516 | $61.7M | $11,184 | $673 | $17.22 |
| Kendra Scott 401(k) Plan | Kendra Scott, LLC | TX | DC | 2,559 | $36.3M | $14,177 | $889 | $111 |
| Fossil Group, Inc. Savings and Retirement Plan | Fossil Group Inc. | TX | DC | 2,476 | $120M | $48,636 | $1,043 | $110 |
| Richline Group, Inc. 401(k) Profit Sharing Plan | Richline Group, Inc. | NY | DC | 1,899 | $88.5M | $46,615 | $1,145 | $37.47 |
| Movado Group, Inc. Savings and Investment Plan | Movado Group, Inc. | NJ | DC | 1,475 | $112M | $76,237 | $1,475 | $106 |
| Safilo USA Inc./smith Sport Optics Inc. 401(k) Plan | Safilo USA, Inc. | NJ | DC | 835 | $61.6M | $73,772 | $2,562 | $172 |
| Citizen Watch America 401(k) and Profit Sharing Plan | Citizen Watch Company of America Inc. | CA | DC | 654 | $119M | $181,529 | $6,499 | $201 |
| Temperpack 401(k) Plan | Temperpack Technologies Inc. | VA | DC | 619 | $11.0M | $17,745 | $1,620 | $152 |
| Timex Group USA, Inc. Savings Plan for Salaried Employees | Timex Group USA, Inc. | CT | DC | 515 | $116M | $225,648 | $3,089 | $226 |
| Shoplc Global, Inc. 401(k) Plan | Shoplc Global, Inc. | TX | DC | 510 | $14.3M | $28,066 | $1,972 | $74.75 |
| The Swatch Group (U.S.) Inc. Employees' Retirement Plan | The Swatch Group (U.S.) Inc. | FL | DB | 469 | $21.6M | $46,130 | $24,136 | $72.66 |
| Catbird Nyc, LLC 401(k) Profit Sharing Plan | Catbird Nyc, LLC | NY | DC | 408 | $3.2M | $7,956 | $2,164 | $76.60 |
| Quality Gold 401(k) and Profit Sharing Plan | Quality Gold of Cincinnati, Inc. | OH | DC | 407 | $33.9M | $83,282 | $3,964 | $194 |
| Apmex 401(k) and Profit Sharing Plan | Apmex LLC | OK | DC | 397 | $22.2M | $55,944 | $2,608 | $42.52 |
| Breitling USA, Inc. Employee Savings Plan | Breitling USA, Inc. | CT | DC | 393 | $16.3M | $41,366 | $2,418 | $153 |
| A-Mark Precious Metals, Inc. and Subsidiaries | A-Mark Precious Metals, Inc. and | CA | DC | 366 | $27.9M | $76,311 | $4,036 | $370 |
| The Gerson Companies 401(k) and Profit Sharing Plan | The Gerson Companies | KS | DC | 357 | $9.6M | $26,803 | $406 | $253 |
| Mejuri (US), Inc. 401(k) Plan | Mejurius, Inc. | NY | DC | 332 | $1.2M | $3,518 | $3 | $33.89 |
| Unique Designs, Inc. 401(k) P/s Plan | Unique Designs, Inc. | NJ | DC | 279 | $5.3M | $18,958 | $0 | $35.89 |
| Seiko Watch of America LLC Savings and Investment Plan | Seiko Watch of America LLC | NJ | DC | 275 | $41.0M | $149,106 | $3,725 | $28.22 |
| Audemars Piguet North America Inc. 401(k) Profit Sharing Plan | Audemars Piguet North America, Inc. | FL | DC | 262 | $24.4M | $93,293 | $6,022 | $395 |
| E. Gluck Corporation 401(k) Plan | E. Gluck Corporation | NY | DC | 244 | $17.6M | $72,124 | $0 | $10.14 |
| Audemars Piguet (North America) Inc. Cash Balance Plan | Audemars Piguet North America, Inc. | FL | DB | 225 | $6.3M | $28,076 | $5,384 | $310 |
| National Rarities LLC 401(k) Plan | National Rarities LLC | MO | DC | 215 | $2.7M | $12,690 | $2,327 | $96.42 |
| Nextten Stauer, LLC 401(k) Plan | Nextten Stauer, LLC | MN | DC | 198 | $10.8M | $54,294 | $1,029 | $215 |
| Sandra Holding LLC 401(k) Plan | Sandra Holding LLC | IL | DC | 181 | $1.4M | $7,803 | $715 | — |
| Dillon Gage Inc. 401(k) Salary Reduction Plan and Trust | Dillon Gage Inc. of Dallas | TX | DC | 147 | — | — | — | — |
| S.D.C. Designs Inc. 401(k) Plan | S.D.C. Designs Inc. | NY | DC | 143 | — | — | — | — |
| Jacmel Jewelry, Inc. Savings & Retirement Plan | Jacmel Jewelry, Inc. | NY | DC | 143 | $15.0M | $104,636 | $492 | $45.00 |
| Dana Augustine, Inc. 401(k) Plan | Dana Augustine, Inc. | GA | DC | 118 | — | — | — | — |
| Hearts on Fire | Hearts on Fire | MA | DC | 110 | $12.1M | $109,737 | $2,936 | — |
| Le Vian Corp. 401(k) Profit Sharing Plan and Trust | Le Vian Corp. | NY | DC | 105 | — | — | — | — |
By plan size
By state
Questions and answers
How many retirement plans are there in jewelry, watch, precious stone, & precious metals?
32 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 84 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.
What is the typical 401(k) balance in jewelry, watch, precious stone, & precious metals?
The median defined contribution plan reported $51,465 in net assets per participant (middle half of plans: $18,048 to $81,539); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.
What do employers contribute in jewelry, watch, precious stone, & precious metals?
The median defined contribution plan received $1,796 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.
What are average 401(k) fees in jewelry, watch, precious stone, & precious metals?
Among defined contribution plans that report any Schedule C compensation, the median was $101 per participant and 0.23% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.
Where does this come from?
Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.