New York › Manufacturing › 1,000 to 4,999 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
Revlon Employees' Retirement Plan
Sponsored by Revlon Consumer Products LLC, New York, NY
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. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Revlon Employees' Retirement Plan is a cash balance pension plan sponsored by Revlon Consumer Products LLC of New York, New York. For the plan year ending 31 Dec 2024 it reported 4,545 participants, 383 of them active, and net assets of $236M.
Net assets came to $52,011 per participant, well below the $87,935 median for defined benefit plans with 1,000 to 4,999 participants and well below the $67,961 median for defined benefit plans in manufacturing. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Employer contributions were $5.9M for the year ($15,451 per active participant) and benefits paid were $26.8M. In a defined benefit plan the employer's contribution follows funding rules rather than a match formula, so it can swing widely from year to year.
Schedule C lists 7 service provider organisations paid $5,000 or more, with reported compensation of $1.3M: $291 per participant, below the same-size median of $325. Administrative expenses charged to the plan were $4.2M. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $289M in 2009 to $236M in 2024 (down 18%), and participants from 8,321 to 4,545 (down 45%).
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | $52,011 | $87,935 | $67,961 | $86,221 |
| Employer contributions per active participant | $15,451 | $10,593 | $6,915 | $10,244 |
| Schedule C compensation per participant | $291 | $325 | $299 | $344 |
| Schedule C compensation, share of net assets | 0.56% | 0.41% | 0.47% | 0.42% |
| Administrative expenses per participant | $919 | $513 | $498 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 1,000 to 4,999 participants (1,540 plans), manufacturing (1,532) and all US plans (5,308). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 4,545 | $236M | $52,011 | $5.9M | — | $1.3M |
| 2023 | 4,777 | $243M | $50,839 | $7.2M | — | $1.4M |
| 2022 | 4,917 | $234M | $47,691 | — | — | $1.0M |
| 2021 | 5,075 | $319M | $62,768 | — | — | $0 |
| 2020 | 5,261 | $321M | $61,002 | $11.3M | — | $0 |
| 2019 | 5,444 | $312M | $57,324 | $7.8M | — | $0 |
| 2018 | 5,588 | $289M | $51,634 | $0 | $0 | $0 |
| 2017 | 5,748 | $334M | $58,065 | $0 | $0 | $0 |
| 2016 | 5,991 | $323M | $53,915 | — | — | $0 |
| 2015 | 6,355 | $328M | $51,568 | — | — | $0 |
| 2014 | 7,729 | $415M | $53,658 | $7.0M | — | $0 |
| 2013 | 7,920 | $409M | $51,701 | $7.0M | — | $0 |
| 2012 | 7,855 | $382M | $48,679 | $5.5M | — | $0 |
| 2011 | 8,037 | $345M | $42,926 | $15.2M | — | $0 |
| 2010 | 8,166 | $336M | $41,090 | $24.6M | — | $0 |
| 2009 | 8,321 | $289M | $34,783 | $13.4M | — | $0 |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$242,856,396
- Employer contributions$5,917,832
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$5,917,832
- Total income, including investment results$24,502,879
- Benefits paid$26,794,629
- Administrative expenses$4,175,828
- Total expenses$30,970,457
- Net income−$6,467,578
- Net transfers$0
- Net assets, end of year$236,388,818
Participants
- Active participants383
- Retired or separated, receiving benefits2,946
- Retired or separated, entitled to future benefits715
- Total participants, end of year4,545
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Aon Consulting | Actuarial; Consulting (pension) | $538,568 | $0 |
| Northern Trust Company | Trustee (bank, trust company, or similar financial institution) | $312,962 | $0 |
| Silchester Intl Investors Inc. | Investment management | $259,298 | $0 |
| New England Pension Consult | Consulting (pension); Investment advisory (plan) | $120,464 | $0 |
| Wellington MGMT Company | Investment management | $62,050 | $0 |
| Dimensional Fund Advisors, LP | Investment management | $15,358 | $0 |
| BlackRock | Investment management | $12,469 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Contract administrator fees$4,175,828
- Total administrative expenses$4,175,828
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Master trust investment accounts$234M · 99.0%
- Receivables$2.4M · 1.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmWithumsmith+brown, PC
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $10,000,000
- Blackout period during the year—
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
1ABenefits are primarily pay related1CCash balance or similar plan1IFrozen plan3HPlan sponsor(s) is (are) a member(s) of a controlled group
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 339900: Other Miscellaneous Mfg.
Other plans of Revlon Consumer Products LLC
| Plan | Participants | Net assets |
|---|---|---|
| Revlon Employees Savings, Investment, Profit Sharing Plan | 2,870 | $419M |
| The Revlon-Uaw Pension Plan | 1,882 | $53.4M |
Similar plans in New York
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| WHX Pension Plan II | Handy & Harman Ltd. | 5,605 | $271M | $48,394 |
| Hollow Metal Pension Fund | Hollow Metal Pension Fund | 4,204 | $76.8M | $18,276 |
| United Wire, Metal & Machine Pension Fund | Board of Trustees of U.W.M. & M. Pension Fund | 5,682 | $213M | $37,427 |
| Diageo North America, Inc. Cash Balance Pension Plan | Diageo North America, Inc. | 4,189 | $530M | $126,464 |
| Soft Drink and Brewery Workers Union Local 812 Retirement Fund | Board of Trustees Soft Drink and Brewery Workers | 7,674 | $973M | $126,827 |
| Magnetek Flexcare Plus Retirement Pension Plan | Magnetek, Inc. | 3,951 | $93.2M | $23,582 |
Defined benefit plans in manufacturing closest in size.
Questions and answers
How big is Revlon Employees' Retirement Plan?
4,545 participants at the end of the plan year ending 31 Dec 2024, of whom 383 were active employees, with net assets of $236,388,818. Among defined benefit plans that places it in the 1,000 to 4,999 participants band, which held 1,540 plans in plan year 2024.
What does Revlon Consumer Products LLC contribute per participant?
The filing reports $5,917,832 in employer contributions for the year, which is $15,451 per active participant; the median for plans of the same type and size was $10,593 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $1,321,169 in compensation to service provider organisations, $291 per participant or 0.56% of net assets. The same-size median among plans reporting any Schedule C compensation was $325 per participant. Administrative expenses on Schedule H were $4,175,828. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Revlon Consumer Products LLC. Investment advisory or management: Silchester Intl Investors Inc., New England Pension Consult and Wellington MGMT Company. Trustee or custodian: Northern Trust Company. The financial statements were audited by Withumsmith+brown, PC. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 29 Apr 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 13-3662953, plan 001, received 29 Apr 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.