Back to filter
Original filing (PDF)20251014115613NAL0005713650001
WARBY PARKER INC.
Form 5500
FILING_RECEIVED
WARBY PARKER RETIREMENT SAVINGS PLAN
401(k) retirement plan
Signals · 2
1 failed disclosure32% in single holding
Active participants
4,145
Accounts w/ balance
1,737
Plan assets (EOY)
$74.6M
Net assets (EOY)
$74.6M
How this plan invests
This plan
3 pooled trusts
Schedule D
34 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
82
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
85
Concentration risk
84
Total plan cost
80
Vendor stack
100
Participation health
65
Knocking points off
- 1 Schedule C provider failed to disclose compensation.
- Top holding "Fidelity Total Market Index Fund Mutual fund" is 32% of plan.
- 23 bps in Schedule C fees — modestly above peer band of 16 bps.
- Only 42% as many balances as active participants — suggests many active employees aren't deferring.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for WARBY PARKER INC..
Plan sponsor
Name
WARBY PARKER INC.
EIN
80-0423634
Address
233 SPRING STREET · 6TH FLOOR EAST · NEW YORK, NY · 10013
Phone
(646) 448-9090
Industry
Retail Tradesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-14
Pension benefit codes
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
2E · Profit-sharing
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
CBIZ CPAS, P.C.
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | 04-2647786 | — | RECORDKEEPER | $124K | — |
Advisor / Consultant
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| CREATIVE PLANNING LLC | 84-4519624 | — | ADVISOR | $28K | — |
| STRATEGIC ADVISORS, INC. | 04-2654524 | — | ADVISOR | $19K | — |
Failed / refused disclosures (Sched C Part 2)
| Provider | Nondisclosure info |
|---|---|
| — | — |
Investments
31 direct securities · 3 pooled funds· $74.4M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Uncategorized
$71.0M
31 holdings
Common Collective Trust
$3.4M
3 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Fidelity Total Market Index Fund Mutual fund | — | — | — | $23.7M | 31.8% | |
| Money Market Funds Vanguard Federal Money Market Mutual fund | — | — | — | $7.1M | 9.5% | |
| Fidelity Freedom Index 2055 Fund Investor Class Mutual fund | — | — | — | $5.2M | 6.9% | |
| Fidelity 500 Index Mutual fund | — | — | — | $5.1M | 6.8% | |
| Fidelity Freedom Index 2050 Fund Investor Class Mutual fund | — | — | — | $3.9M | 5.2% | |
| Fidelity International Capital Appreciation K6 Fund Mutual fund | — | — | — | $3.1M | 4.1% | |
| Fidelity Freedom Index 2060 Fund Investor Class Mutual fund | — | — | — | $3.1M | 4.1% | |
| Fidelity Freedom Index 2045 Fund Investor Class Mutual fund | — | — | — | $2.8M | 3.8% | |
| AB US LG CP GR CIT L GREAT GRAY TRUST COMPANY · EIN 38-4116831 / PN 509 | Common Collective Trust | — | — | $2.6M | 3.5% | |
| Fidelity Global ex U.S. Index Fund Mutual fund | — | — | — | $2.5M | 3.3% | |
| Fidelity Freedom Index 2040 Fund Investor Class Mutual fund | — | — | — | $2.1M | 2.9% | |
| JPMorgan U.S. Research Enhanced Equity Fund I Mutual fund | — | — | — | $1.9M | 2.5% | |
| Vanguard Equity-Income Fund Admiral Mutual fund | — | — | — | $1.6M | 2.2% | |
| Fidelity US Bond Index Mutual fund | — | — | — | $1.3M | 1.7% | |
| Participant Loans (interest rate range 4.25%-9.5%) | — | — | — | $1.1M | 1.4% | |
| Fidelity Freedom Index 2035 Fund Investor Class Mutual fund | — | — | — | $799K | 1.1% | |
| Fidelity Mid Cap Index Fund Mutual fund | — | — | — | $744K | 1.0% | |
| Fidelity Freedom Index 2030 Fund Investor Class Mutual fund | — | — | — | $709K | 0.9% | |
| John Hancock Funds Disciplined Value Mid Cap Fund Class R6 Mutual fund | — | — | — | $599K | 0.8% | |
| Fidelity Freedom Index 2065 Fund Investor Class Mutual fund | — | — | — | $580K | 0.8% | |
| JPMorgan Government Bond Fund Class R6 Mutual fund | — | — | — | $568K | 0.8% | |
| Invesco Discovery Fund Class R6 Mutual fund | — | — | — | $549K | 0.7% | |
| MFS International Diversification Fund Class R6 Mutual fund | — | — | — | $500K | 0.7% | |
| Fidelity Small Cap Index Fund Mutual fund | — | — | — | $485K | 0.7% | |
| C&S US REALTY RS SEI TRUST COMPANY · EIN 46-3411346 / PN 064 | Common Collective Trust | — | — | $471K | 0.6% | |
| Fidelity Freedom Index 2025 Fund Investor Class Mutual fund | — | — | — | $452K | 0.6% | |
| BR MIDCAP GR EQ L1 GREAT GRAY TRUST COMPANY · EIN 20-3802327 / PN 003 | Common Collective Trust | — | — | $345K | 0.5% | |
| Fidelity Total Bond K6 Fund Mutual fund | — | — | — | $307K | 0.4% | |
| Fidelity Inflation-Protected Bond Index Fund Mutual fund | — | — | — | $128K | 0.2% | |
| Fidelity Freedom Index Income Fund PRM Mutual fund | — | — | — | $104K | 0.1% | |
| Allspring Special Small Cap Value R6 Mutual fund | — | — | — | $77K | 0.1% | |
| Fidelity Freedom Index 2020 Fund Investor Class Mutual fund | — | — | — | $45K | <0.1% | |
| Fidelity Freedom Index 2010 Fund Investor Class Mutual fund | — | — | — | $23K | <0.1% | |
| Fidelity Freedom Index 2015 Fund Investor Class Mutual fund | — | — | — | $14K | <0.1% |
Related plans
Other plans using FIDELITY INVESTMENTS INSTITUTIONAL
KAISER PERMANENTE MEDICAL CARE PROGRAM
KAISER PERMANENTE GROUP TRUST
$66.6B
MICROSOFT CORPORATION
MICROSOFT CORPORATION SAVINGS PLUS 401K PLAN
$65.6B · 123,878 participants
INTERNATIONAL BUSINESS MACHINES CORPORATION
IBM 401(K) PLAN
$60.4B · 49,030 participants
AT&T INC.
AT&T RETIREMENT SAVINGS PLAN
$43.1B · 102,760 participants
VERIZON COMMUNICATIONS INC.
VERIZON MASTER SAVINGS TRUST
$41.1B
NORTHROP GRUMMAN CORPORATION
NORTHROP GRUMMAN SAVINGS PLAN
$39.5B · 99,799 participants
Similar-size Retail Trade plans
IMPERIAL OPTICAL MIDCO INC.
KEPLR VISION 401(K) PLAN
$83.0M · 2,840 participants
SHOPTIKAL
SHOPTIKAL 401K PLAN
$49.2M
FERNO-WASHINGTON, INC.
FERNO-WASHINGTON, INC. SAVINGS AND RETIREMENT PLAN
$33.1M · 232 participants
EYEMART EXPRESS, LLC
EYEMART EXPRESS, LLC 401(K) PLAN
$21.8M · 1,737 participants
EUROPA EYEWEAR CORPORATION
EUROPA EYEWEAR CORPORATION RETIREMENT SAVINGS PLAN
$17.9M · 164 participants
P COR, LLC
P COR, LLC RETIREMENT PLAN
$12.0M · 645 participants
Large plans in New York
TEACHERS INSURANCE & ANNUITY ASSOCIATION OF AMERICA
TIAA REAL ESTATE ACCOUNT
$25.2B
JPMORGAN CHASE BANK, N.A.
COMMINGLED PENSION TRUST FUND (STRATEGIC PROPERTY) OF JPMORGAN CHASE BANK, N.A.
$24.3B
MORGAN STANLEY DOMESTIC HOLDINGS, LLC
MORGAN STANLEY 401(K) PLAN
$22.2B · 54,084 participants
PFIZER INC
PFIZER SAVINGS PLAN
$22.0B · 29,469 participants
JPMORGAN CHASE BANK, N.A.
COMMINGLED PENSION TRUST FUND (EQUITY INDEX) OF JPMORGAN CHASE BANK, N.A.
$20.0B
INTERNATIONAL BUSINESS MACHINES CORPORATION
IBM PERSONAL PENSION PLAN
$17.9B · 43,052 participants