Cady Studios, LLC 401(k) Review & Grade
Cady 401(k) Plan
Alpharetta, GAProfessional, Scientific & Technical Services578 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$649Employer $ per active participant
$1,145Employee $ saved per active participant
0.12%Direct admin cost, % of plan assets
$4.7MNet plan assets, end of year
$14,870Average balance per account
Score breakdown
- Employer generosity7.7 / 5015th percentile for employer $ per participant
- Low cost17.2 / 2569th percentile for low admin cost vs. same-size plans
- Employee saving0.9 / 156th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score29 / 100 · Grade F
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 15th |
| Lower admin cost | 69th |
| Employee saving | 6th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Cady Studios put in about $649 per active participant, below the typical peer ($3,082). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $375,307 |
| Participant (employee) contributions | $661,887 |
| Other contributions (incl. rollovers in) | $75,233 |
| Administrative expenses paid from the plan | $4,794 |
| Contract administrator fees | $4,794 |
| Benefits paid out | $220,726 |
| Net assets, start / end of year | $3.1M / $4.7M |
| Active participants, start / end of year | 694 / 462 |
| Participants with account balances | 315 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Frazier and Deeter, LLC |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $3,058 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251105092256NAL0008196289001, received 2025-11-05, EIN 47-1677109, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.